BDO urges vigilance vs latest scam
The Bangko Sentral calls everyone to stay vigilant against scammers. These scammers’ new modus operandi is to offer a considerable amount of money to people who will lend their bank accounts.
Every crisis presents an opportunity. Sadly, even scammers take advantage of this possibility. Despite the present COVID-19 pandemic, such bad people can be so opportunistic.
BDO Leasing and Finance, Inc. (BDO Leasing) recorded a net income of P83 million in 1Q 2020 vs. the P24 million loss in the comparative period last year. The results reflect successful measures undertaken to address margin compression, which dragged down its financial results in 2019.
Despite the continued observance of the enhanced community quarantine, scammers are still prevalent. They post as bank personnel and urge clients to verify their bank accounts by clicking on a link. This link, however, directs to a fake website that looks exactly like a bank’s official website. Clients are then tricked into divulging their personal information.
Account numbers, online banking login details, and credit card information are an example of personal information. These details enable scammers to use clients’ identities, access their online bank accounts, and eventually steal money.
We have five boys, and as their mother, I believe it is my responsibility to teach them at least necessary money management skills. With a little knowledge about spending and saving money, it will somehow give them a head start financially.
As nothing secures a child’s future better than depositing part of their pinamaskuhan at their BDO Junior Savers, the boys already segregated the money to go for savings and spending. They had started their Junior Savers Account when they were of tender age. Initial deposit is only P100, and from there, their money grows interest.
I remembered many years ago, I borrowed from my cousin a pair of jeans, a white shirt, and a pair of white sneakers for our CAT class. It was because I didn’t ask my mother to buy me any. That time, she often worries about our food for the day, and it would be too much to burden her about my CAT uniform.
We were renting then a small house with a sari-sari store. My mother resigned from work to tend to her store. I didn’t know if it was a wise decision as the rumble of emptiness from my stomach became frequent. The squeaky springs of our bed all the more hurt my back.
However, I didn’t know we were poor then. I was enrolled in an exclusive school where the tuition fee was way too high compared to other schools within the area. But there were many times we couldn’t afford to pay for electricity and water. And that perhaps is what I am most thankful for my mother — Ginapang nya talaga ang aking pag-aaral.
Mothers are known to bring life to the world. They are our source of warmth when everything feels cold, our light when the road seems dark, and our shelter when all else turn against us. All their hardships that molded us into what we are today are indeed a gift that we should always be thankful for.
Take the case of these millennial mothers. When it comes to dealing with their children, there’s no denying that parenting can sometimes be challenging. But with the right approach in resolving issues, being a mother can also come with sweet, motivating rewards.
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