Do you want to Make Money and Grow Money?

YES, I want it!


By: Marvin Germo | October 27, 2019

OFWs Are Not ATM

If you are an overseas Filipino worker and you chose to work there because of better opportunities and a higher salary, remember to save up for your future too. You are not ATM and you shouldn’t always give the wants of your family here in the Philippines. Work for your future as well so that you can speed up the process of going back here in your hometown to spend more time with your parents and kids. Save money so that when the time comes that you need funds for emergency purposes, you don’t have to ask another OFW to lend you some cash. If you are struggling to save, these are effective ways so you can successfully save money if you are an OFW.

Catch me in my live training events! (quick plug)

The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing.  I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the trainings below.

Stock Smarts Cebu – October 26-27,2019
Stock Smarts Singapore – November 6-10,2019
ICON Davao – November 30, 2019
Stock Smarts Manila – November 24, 25, December 8,9,15,2019

Open A Separate Bank Account

First things first, you need a separate bank account where you can put your savings. It’s not effective if you will only hold the cash and put it in a purse. If you do that, you will just spend it any minute especially if you are eyeing for a new bag or a new pair of shoes. You can open a bank account that’s based here in the Philippines so you will have fewer chances of withdrawing your savings. Every payday, make sure to put any amount in it. The more frequent you do it, the more it will become a habit.

Budget Your Income

Even before you receive your salary, you must know how to budget your money. Do not remit all of it to your family in the Philippines. Have a portion of your salary dedicated to savings, expenses abroad, emergency funds, and to remittance. Whatever saving strategy you have, it won’t work if you keep on giving money without knowing the purpose first. Effective saving comes with wise decision-making. Don’t forget that.

Start Investing

If you are not planning to settle down abroad, it’s always better if you will start investing. Being an OFW doesn’t mean you need to invest abroad. Most OFWs I know spend their money buying properties here in the Philippines. If you have enough money that can buy real estate, I recommend you to start buying now. You can also choose to invest in stocks and mutual funds if you want full monitoring of your investments. The best time to start is now!

I’m excited to share my 5th book overall and the 4th book in the Stock Smarts series, Stock Smarts: Breaking the Resistance – How to time your traders perfectly. The heart of this book is to teach you strategic ways on how to come in and buy and sell stocks in a way where you come as the market is headed up and come out as the market is headed down. The book is now out and exclusive via Marvin Germo Book Orders.
For more details and to order my other books: Marvin Germo Book Orders
Stock Smarts Book