Heneral's Savings And Financial Literacy

💠DepEd strengthens efforts to promote financial literacy, digital savings among stakeholders💠

⚜️Despite the changes in the current learning set-up, the Department of Education (DepEd) remains eager to promote financial literacy among young students, parents, and teachers.

DepEd said that it will work with RCBC for its “Ipon Galing initiative” which is a massive digital financial education awareness campaign. It is expected to be done nationwide to further encourage students – as well as teachers and parents – to save using digital saving platforms.

The RCBC, DepEd said, has recently launched an incentives promotion for those who will begin their savings journey using the “DiskarTech, RCBC’s Taglish” finance super app.

DepEd Secretary Leonor Briones noted that after integrating financial literacy into the K to 12 curriculum, partnership programs like “DiskarTech” of RCBC will “allow our teachers and learners to experience how technology works for us while we are securing our finances and save for the most important and unanticipated events such as the COVID-19 pandemic.”

Citing the results of the 2019 Financial Inclusion Survey of the Bangko Sentral ng Pilipinas (BSP), 53% of adult Filipinos are savers but 51% of them save at home. The same survey showed that while account ownership has improved in the last two years, more than two-thirds of Filipinos still lack access to a formal account.

“In this time of pandemic, having a transaction account has proved crucial to social protection and financial resilience,” BSP Center for Learning and Inclusion Advocacy Director Ellen Joyce Suficiencia said. She added account owners had also been found to have a higher rate of savings, access to digital financial services, and less debt.

Meanwhile, DepEd Legislative Affairs, External Partnerships and Project Management Service Undersecretary Tonisito M.C. Umali, Esq. explained that the agency finds a “shared value” with the RCBC to “not only survive but thrive in this new normal by being agile and innovative.”

Umali added that the partnership also “hopes to equip our learners, as well as our teachers and parents, nationwide with more skills towards their financial well-being.”

RCBC President and Chief Executive Officer Eugene Acevedo, on the other hand, pledged their commitment to make sure this project is an unqualified success. “Let us work together to encourage more Filipinos to save especially the young ones,” he added.

📈savɨռɢ a sʍaʟʟ aʍօuռt sօօռ bʊɨʟɖs uք tօ a ʟaʀɢɛ aʍօuռt.

📚:Jessa Garcia

💸SAVING and FINANCIAL LITERACY💸
📌DRIVES and ADVOCACIES📌

"Learn how to save your money cause money will save you in the future"

OWNER: CathCathlyn QuilanglCathlyn Quilanglgan

💸SAVING and FINANCIAL LITERACY💸
📌DRIVES and ADVOCACIES📌

If you save a money someday,you can use it in emergency or you want buy something important things that you need..

OWNER: KrisKristine Toquero LauretauKristine Toquero LauretarKristine Toquero LauretaOGAN

✨SAVINGS AND FINANCIAL LITERACY✨

SAVINGS

Saving money means being carefull and oriented. Because whenever you limit yourself from buying some unimportant things. You can manage to save and use money more wisely. When you are carefull and wise about using money or in managing your budget and you are still able to keep some of it. I'll assure you in the future or if a problem comes to you. You will not be too problematic about financial issues. And if you want to start and manage a business you can use that savings to put up a small store where you can assure that it will work. And of course in order for you to earn more extra money. And who knows that one day it will become more successful. For now don't be tempted to buy fancy clothes, gadgets, branded bags, jewelries. Like other people have. Yes they can afford it. But they don't have some savings. They tend to sell those things whenever they are facing some financial problems. So that be smart in using money and if possible invest in trusted people and learn to grow. In that way you'll have a plenty of things that you can afford without affecting your savings and your daily budget. Learn to EARN and to SAVE money first . In that way you'll live a comfortable life. LEARN TO SAVE,TO INVEST, AND TO USE MONEY MORE WISELY.

OWNER:MARLYN SOMERA

💸SAVING and FINANCIAL LITERACY💸
🌻DRIVES and ADVOCACIES🌻

FINANCIAL PLANNING

Why should i plan my finances?

Well, think about what will happen in the future. Your parents willgrow old and retire someday. You will have to shoulder some of the financial burdens of the family. For example, you may have to pay some of the rent and support them.You will also need money to fulfil your own goals and dreams in life. At different stages of your life, you will have different goals. Right you may want to

Planning is essential because we all want to live a quality lifestyle. But a quality lifestyle comes with a big price tag. Planning helps you to set clear goals, develop plans for such goals and maintain the discipline to achieve them. In short, you are more likely to fulfil your dream of a quality lifestyle with financial planning, than without.If you think of financial planning as a hiking trip, your financial goals are your final destination. Before you can identify where you are going, you must know where you are. This means you need to evaluate your current financial situation before you can set realistic financial goals. Your personal balance sheet and income statement can reveal a lot of information about your current financial health. spending habits, and earning power.

Planning a cash budget is easy. Sticking to it is harder.As the goal of a cash budget is to save, it may be a good idea to firstaside a set amount as savings when you receive your pay and spendputonly what's left.A cash budget is a very effective tool to help you develop the savinghabit. As you become a disciplined saver, you will not be asking "where
did my money go?” but “where shall I invest my savings?"

OWNER:JUSTENE MAE GALABAY

💸SAVINGS AND FINANCIAL LITERACY💸
✨DRIVES AND ADVOCACIES ✨

Saving money is always important because we can always make use of it in emergency purposes.
Furthermore, being frugal in this time of the pandemic is a must wherein, there are many unemployed people.

Saving money is not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for . All days are not same. Save for a rainy day. When you don't work, savings will work for you.

Owner: ✨Mike Dominic Matias✨

Saving is essential to building your long-term wealth , and it is important to save early in life and often . Regardless of your age , you should save a percentage every time you receive money 💲.

Owner:Jayson Suba

saving must become a priority
not just a thought pay your self first

Owner: Chris john Mariano

Save your money for your future.spend your money in good ways.learn how to save your money.your knowledge is in your own self.

Owner:JOSHUA PADER

Nowadays,people needs work to save money for everyday expenses.We all know that the prices of goods are continuing to increase.That is why we need to know how to balance and conserve our budget.However,many people saying that saving money is difficult because we need to get job first to get an income.Contradictorily,if the person really want to save money the person should try all the business just to have income.Many also say that money is not really important at all,but how we manage and value our savings and how we use it properly is the real important which is undoubtedly correct.Perhaps,incase of emergency we can use it in our own pocket.Sometimes we can say,money is always there to find,but we don't know the real purpose of it.If you have a money,you buy what you want,you can travel anywhere you want,but where is your savings?Did you save for your future?People,if you don't have money probably you can't invest,it just simply because you have no income.You must think first that before you bring out and spend money.You must save for your future .You can start a business with small capital.Manage it carefully,it will be better when it's rising because you will be able to fulfill your dreams successfully.You can constantly work hard for you future.Always think positive to all situations in life,do not give up.You can turn the negative vibes as inspiration.

❗REMEMBER,THE MORE YOU INVEST THE MORE INCOME YOU RECEIVE❗

"Do not jump into conclusion,you must need to workhard for your dreams"

🖊:Glydel Ballesteros

Managing your money is a personal skill that benefits you throughout your life – and not one that everybody learns. With money coming in and going out, with due dates and finance charges and fees attached to invoices and bills and with the overall responsibility of making the right decisions about major purchases and investments consistently

Owner:DEXTHER GABRIEL