Monday, July 11, 2016

Pinay caregivers in Canada taught financial literacy

A number of Filipina caregivers in Canada were taught financial literacy in June in a seminar organized by the Philippine Consulate General in Vancouver.
During the seminar held June 29 at the Multicultural Helping House Office in Vancouver BC, the attendees were told to include a fixed amount for savings in sending their monthly remittances to their families in the Philippines.
"By setting aside a certain amount for savings, OFWs can look forward to a more secure future," Vice Consul Ma. Charmaine Guevara told the attendees.
OFW remittances are very rarely expanded beyond the usual budget appropriations like food, education, medical expenses and debt payments, Guevara pointed out.
A statement from the consulate said the seminar was aimed at increasing the awareness of OFWs about the availability and accessibility of financial education programs.
Aside from that, it also aimed to increase the OFWs' personal financial consciousness on the values and benefits of being financially empowered, and to familiarize them on the available financial tools that can help in the promotion of their financial well-being, especially upon their return to the Philippines.
In teaching this, Guevara used Bangko Sentral ng Pilipinas’ Module 1 of its Financial Learning Campaign for OFWs.
Meanwhile, during the seminar, Guevara also provided the attendees an update on post’s various consular services and revised fees, the statement said. 
POLO OIC Ms. Violeta Buenaventura also apprised them on the latest development on labor services, particularly on the need to update their membership contributions in the Overseas Workers Welfare Administration, and the availability of online application for overseas exit clearances.  —KBK, GMA News

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