Globalization Lowers Job Security
Economists forecast that in a fast-changing, knowledge-driven world, the new generation of workers will see their work skills become obsolete at least once within their career. Many people will find work opportunities diminishing as they age.
Globalization can make jobs even less secure. Many jobs in the Philippines will increasingly be outsourced to lower-cost countries, and economic turmoil in a country half way across the globe can affect your career here at home.
Earning multiple streams of income spreads your risk.
Caring for the Family
How much time do you spend with your loved ones? Most families in the Philippines or even in other countries have both parents working - leaving the care of their children and older folks in the hands of maids or care centers.
As your children grow, and your parents age, how often are you there for them when they need you?
