Many households find themselves allocating a large portion of their monthly income to education.
Did you know that more than half of a typical Filipino household's monthly income is dedicated to covering educational costs? This is according to a new report by WorldRemit.
Melivo also pointed out that more remittances are sent from June and July to pay for tuition fees and school supplies in time for the opening of classes in August. Data from the United Nations states that 1 in 9 people worldwide rely on money sent from friends and relatives who have migrated abroad for work.
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