Most OFW’s Families Are Not Protected

Filipinos working overseas (OFW’s) are always exposed to a lot of physical risks. They travel from their apartments/housing camps to work either by train, shuttle bus services, by cars  on highways, bicycles, or even on foot.

In hazardous workplaces like factories, mills, chemical plants, and even offices, OFW’s face everyday fears of accidents and tragedies while thinking about their loved ones back home.

But the most alarming part in this already worrisome conditions of our OFW’s is that most of them and their families are not protected enough with insurance.

When an OFW passes away due to accident or even by natural cause, his or her family back home is left with almost nothing but the last payment from his/her employer. And maybe a few more from the government’s grant or financial aid. Continue reading Most OFW’s Families Are Not Protected

Angat Pilipinas Coalition for Financial Literacy – Call for Submissions

Angat Pilipinas Coalition for Financial Literacy is seeking projects and encouraging volunteer personal finance writers who have unpublished articles and essays to submit to us.

APC

Articles embracing any aspect of personal finance are welcome, including financial literacy for tots and teens, personal finance subjects in school, insurance literacy for high school/college students, basic stock market investing, raising financially-smart children, budgeting, allowances, savings accounts, mutual funds, financing college, responsible borrowing, banking services, etc.

We are also accepting logo drafts and tagline suggestions for the coalition.

Book reviews of personal finance works are also solicited.

Notices of conferences, webinars, seminars, calls for papers, and similar advocacy announcements will be accepted.

For submission guidelines and other information, please contact Ann Angala-Shy at admin@pinoymundobiz.org or call +63 917 576 9198. Continue reading Angat Pilipinas Coalition for Financial Literacy – Call for Submissions

Financial Literacy: Not in DepEd’s Agenda

Most children in the Philippines are financially-spoiled.

And most parents in the Philippines don’t teach their children the real value of money. When kids want to have something, most of the time, the parents will just give in and will do everything they can to look for money. Never mind if the money is credit card money. Or money borrowed from neighbor or officemates.

Most children are not taught to save money and to work hard to get what they want. However small or big that thing is.

What makes it sadder is that most Philippine schools do not even teach basic personal finance subjects to their young students. And saddest, most teachers are financially- illiterate as well. Continue reading Financial Literacy: Not in DepEd’s Agenda