Master Thesis

Financial resilience enables OFWS to effectively withstand and recover from economic shocks, ensuring long-term stability and security in the face of financial adversities. This study investigated OFWS' financial preparedness and protection practices in Fukuyama, Japan, and studied how these factors contributed to their financial resilience. It also aimed to develop targeted financial literacy infographic material for migrant workers. Employing a quantitative descriptive correlation methodology, the study analyzed responses from 96 Hiroshima Assistance for Filipino Community (HAFFC)-Fukuyama Association members. Survey questionnaires were used to gather data from OFW respondents, focusing on financial preparedness strategies, such as savings, budgeting, emergency funds, and retirement planning, and financial protection practices, such as insurance, investments, debt management, and support networks. Key findings revealed a statistically significant strong positive correlation between the extent of the respondents' financial protection practices and level of financial preparedness, with the degree of financial resiliency, underscoring the need for enhanced financial literacy infographic materials. This material intends to help empower OFWS by improving their financial literacy and bolstering their resilience against economic challenges.