School of Business and Management Department of Economics 197 Exploratory Research to Inform a Financial Planning Tool for Migrant Domestic Workers in Hong Kong Supervisor: VISARIA Sujata / ECON Student: FU Zixuan / MAEC Course: UROP1100, Summer The project is a pilot survey of a future panel study that follows both migrant domestic workers and their family members. The topics concerned in the exploratory study include immigration goal, financial decision, communication, nutrition and health. At the exploratory stage, a qualitative research was conducted in the form of Focus Group Discussion (FGD), preceding small-scale quantitative research in the form of questionnaire and interview. Knowledge built up from the qualitative research is crucial to the questionnaire design for data collection. However, instead of focusing on the academic insights from the research, this report mainly introduces the author’s experience and takeaway over the course of the project, from both literature review and conversational interview. Exploratory Research to Inform a Financial Planning Tool for Migrant Domestic Workers in Hong Kong Supervisor: VISARIA Sujata / ECON Student: ONGRATANAPHOL Ramon / MAEC Course: UROP1100, Summer Filipina domestic workers in Hong Kong have several difficulties when trying to save as low savings and high borrowing habits lead to poor financial decisions. To explore tools that could assist them to better manage their financials, focus group discussions and quantitative interviews were conducted to understand their current situation. An absence of dedicated savings account in Hong Kong, high remittance along poor communication with family could be a possible reason for explaining these phenomena. This report aims to highlight memorable points that participants have mentioned, contrast these findings with previous research done on Filipina Domestic Worker and attempt to provide possible interventions. Keywords: Filipina domestic workers, financial decisions, financial interventions. Exploratory Research to Inform a Financial Planning Tool for Migrant Domestic Workers in Hong Kong Supervisor: VISARIA Sujata / ECON Student: PURI Sneha / ECON Course: UROP1100, Summer One in three households in Hong Kong have hired a Migrant Domestic Worker (MDW)1. Almost half of them are Filipino, who are referred to as Overseas Filipino Workers (OFWs)2. Over the course of 2 months, we conducted focus group or one-to-one interviews with over 130OFWs, with varying life experiences, family situations, working conditions, and demographics. Through the interviews, we aimed to gain insight into their finances, health, family back in the Philippines, and working conditions in Hong Kong. Personally, I was in-charge of recruiting the OFWs, inputting the survey questions on Qualtrics, and on-the-day logistics. After conducting all the interviews, I was also involved with data cleaning and evaluation of the survey for future improvements.
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