To all overseas Filipinos, ACE Money Transfer is again available to assist by continuing its tradition of providing exceptional services to its esteemed customers. Let’s say you are a migrant from the Philippines living in the UK, Europe, Canada, Australia, or Switzerland, and you decide to send money to Philippines from one of the nations mentioned above between June 1 and August 31, 2023. You will then have an equal opportunity to win wonderful prizes with fee-free transfers. To learn more about the massive offer this year, keep reading. But before knowing about the campaign, let’s know about the Importance Of Budgeting and financial planning.

Importance Of Budgeting And Financial Planning For Filipino Expats

Budgeting and financial planning are extremely important for managing your money and ensuring long-term financial stability if you’re a Filipino expat living abroad. According to data made public by the central bank, personal remittances reached an all-time high of $36.14 billion in 2022, up 3.6 per cent from the previous record-high of $34.88 billion set in 2021.

For Filipino expats, budgeting and financial planning are crucial for several reasons.

● Financial Sensitivity

Your ability to clearly understand your income, expenses, and savings objectives depends on creating a budget and financial plan. It enables you to make knowledgeable choices about your spending patterns and helps you keep track of where your money is going.

● Expense Management

You can identify areas where you can make savings or cut back by using a budget to help you prioritise your expenses. You can then allocate your money wisely and stop making unnecessary purchases by being able to distinguish between needs and wants.

● Debt Management

You can manage and pay off debt with sound budgeting and financial planning. You can gradually relieve financial burdens and strengthen your financial situation by setting up a repayment plan and budgeting a portion of your income for debt repayment.

● Investments And Savings

You can allocate funds for savings and investments by using a budget. A financial plan enables you to allocate money for long-term objectives such as retirement planning, emergency savings, and other long-term goals. It enables you to create a financial safety net and progress towards financial independence.

● Objective Attained

Setting and achieving financial goals is made possible by budgeting and financial planning. A well-designed financial plan offers a road map for achieving your goals, whether starting a business, saving for a down payment on a home, or paying for your kid’s education.

● Financial Stability

You can escape unforeseen financial emergencies by creating a budget and planning your finances. An emergency fund can act as a safety net in trying times, ensuring you have the resources to deal with unforeseen circumstances.

● Better Life Quality

When you have control over your finances, you can make wiser decisions that improve your overall quality of life. Your ability to allocate money for experiences, travel, hobbies, and personal development will help you lead a more fulfilling life abroad.

How ACE Money Transfer Provides Financial Planning To Overseas Filipinos?

As an overseas Filipino, making a financial plan and sending money back home to your loved ones is a way to support your family. This campaign, from June 1, 2023, to August 31, 2023, provides an opportunity for customers to win amazing prizes, such as iPhone 14 Plus and brand new Honda Click 160 Motorcycles. Along with these rewards, ACE also aims to promote responsible financial management through planning and budgeting.

● Resources for Education

Through articles and guides, ACE Money Transfer offers insights into personal finance, budgeting, and financial planning. These tools are designed to arm users with information and support them in making wise financial decisions.

● Tools For Currency Conversion

Users can calculate the exchange rate and the amount they will receive in the recipient’s local currency using tools provided by ACE Money Transfer for currency conversion.

● Support For Customers

A dedicated customer support team at ACE Money Transfer is on hand to help customers with any questions or issues about their financial transactions. Customers can contact them for assistance and clarification with using the platform, grasping the tools, or resolving any problems they might encounter.

ACE Money Transfer’s Special Offer For Filipinos

ACE Money Transfer offered enticing bonuses, incentives, the best exchange rates and the lowest transfer fees. But this time, ACE comes with exciting prizes for its Filipino customers.

Through its three-month campaign, ACE Money Transfer has given sending money to the Philippines a new lease on life. By allowing fee-free transfers, the campaign will raise the value of your remittances by not charging transaction fees. You also have the chance to win amazing prizes through ACE:

For Sender: As a remittance sender, you might be selected to receive one of the 09 iPhone 14 Plus models. You can stay connected and make the most of your digital life with the help of this cutting-edge technology.

For Reciever: Remittance recipients can win one of the three brand-new Honda Click 160 motorcycles. This stylish and powerful vehicle will transform their daily commute, adding some excitement to their lives.

Expatriates from developing countries were encouraged by these promotions to increase remittance inflows and support economic stability in their home countries while also obtaining mental relief and peace of mind through rewards. You can read the rest of the Terms and Conditions here for more details.

For its Filipino customers, ACE is giving away a brand-new motorbike and an iPhone 14 Plus, and the best part about this campaign is that you can win both of these prizes by simply sending fee-free transfers to the Philippines. So without giving it a second thought, take advantage of this offer and launch your new adventure with these beautiful gifts.

Bottom Line

Using a money transfer app like ACE Money Transfer, people can easily, securely, and efficiently send money to the Philippines while maintaining financial control. With ACE, you can take control of your money and conduct international transactions with ease and confidence. When you need to send money home, sign up for ACE for free to get unbelievable exchange rates when sending money to the Philippines.