This mother always welcomes changes as long as she knows they will make a positive impact to concerned individuals. Such change or improvement is the latest efforts of BDO Foundation, the Bangko Sentral ng Pilipinas (BSP), and Department of Education (DepEd) on ramping up plans to maximize the benefits of a financial education program for public school students through the K-12 curriculum.
Financial literacy learning resources
I always believe that gaining knowledge about money management decision at an early age will all the more help youngsters to be financially responsible adults. Likewise, being financially literate is a lifelong process. Beginning at an early age like putting a few pesos in a piggy bank will help them handle with grace more advanced concerns in budgeting and risk. Thus, imagine my happiness when DepEd secretary Leonor Magtolis Briones recently issued Memo no. 32, Series of 2019. This memorandum announces the dissemination of the financial literacy learning resources in all public schools nationwide.
Developed by BDO Foundation in partnership with BSP and DepEd, the resources consist of 10 sets of educational videos, lesson plans, and discussion guides on topics like savings, budgeting, and entrepreneurship, among others. The issuance of the memo formalized the integration of said materials in Kindergarten classes. Also, covered are subjects like Araling Panlipunan, Edukasyon sa Pagpapakatao, and Mathematics for elementary students.
Financial education for youngsters
Checking into detail the learning resources, I like how for the Kindergarten pupils, the subject will focus on saving and the value of money. The Araling Panlipunan materials teach students how to save and when to spend by identifying needs versus wants. The Edukasyon sa Pagpapakatao lessons discuss the importance of hard work and resourcefulness in earning extra income. The Math classes, on the other hand, cover budgeting and financial planning.
For the materials and method, there will be financial education videos, lesson plans, and discussion guides. All these will be developed by the foundation, BSP, and DepEd with a sole purpose to encourage students to learn effective ways to manage their money early on in their lives. More so, these materials are available on DepEd’s online learning portal, where teachers and trainers can readily access them.
With a toddler about to enter Kindergarten in a year from now, I am happy with the inclusion of financial education in their subjects. I am seeing my boy achieving financial independence when he grows old because he is guided adequately at a young age.
Thank you to BDO Foundation and partners for such a thoughtful effort.