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Remittances: Saving up for Preparedness #shorts
#ClimateMigration
Financial literacy and effective planning could strengthen a family’s resilience to climate risks. For Filipinos relying on remittances, a strategy for saving and investing their loved ones’ hard-earned income empowers them to cope with climate-related emergencies.
Vanessa, who lives in flood-prone Navotas City, prioritizes saving money to build a house that can better withstand calamities. For her, this is equally important as other needs, such as saving for her children’s education.
