I will ask again, savings? How many of us ask the same question every now and then? Are you saving anyway? The law of supply and demand applies here, I noticed that if you will send Php 20,000, a family of two can survive a month, send Php 30,000 it will just be the same, the money will be spent.Let me expound on it a bit further. Humans tend to consume more, knowing they have so much. An office worker promoted and salary increased will send additional money for his family back home hoping that his or her partner will be able to save. Ideally it's probable but in reality it's impossible. I can enumerate at least two reasons for this: 1) People have the capacity to adapt and adjust, when resources are scarce they will find a way to maximize what they have including recycling. Simple example would be clothing, when no extra money in the pocket we will find a way to wear even our oldest dresses in the closet with little of experiments, with the right combinations it can loo
OFWs Philippine's Modern Day Heroes (Bagong Bayani): Their journeys,the struggles,and the triumphs of Filipinos working in different parts of the World.