Budgeting, savings, investing.

These are just a few of the highlights of the webinar on Financial Literacy conducted by the Laguna Provincial Office of the Bureau of Treasury (BTr) in collaboration with the Laguna State Polytechnic University (LSPU) through the Office of the Vice President for Academic Affairs (OVPAA), Nov 13.

The webinar started with a warm welcome and thanksgiving message from Dr. Mario R. Briones, University President, to the students, faculty, staff, and officials of BTr and LSPU in carrying out and participating  in the activity for the enhancement of their financial literacy. 

Dr. Briones pointed out that financial literacy is not only about managing money but also building a solid financial foundation that can provide security, stability, and prosperity for ourselves, our families, and our communities. He added that the LSPU’s partnership with the Bureau of Treasury is a testament to giving importance to this matter. He also noted that the commitment of BTr to promoting financial literacy aligns perfectly with LSPU’s mission of education, research, and community service. 

President Briones emphasized that LSPU is not only providing quality education to the students but also empowering them with skills that they can use in improving their lives and contributing to their economic well-being.    

Meanwhile, Jenna Mitchie L. Guimio, Treasury Operations Officer II, shared the functions of BTr, its mission and vision, and its goal in conducting information dissemination on financial literacy.

Cherry C. Villegas, Officer-in-charge (OIC) for BTr Laguna Province, served as the resource person of the webinar on the topic of “Halaga ng Sentimo’t Piso: Financial Literacy Lessons from the Government” which covered the aspects of financial security, financial crisis, financial capability, financial health, and digital finance.  

According to Villegas, statistics showed that less than 50% of Filipino adults do not have enough knowledge on inflation, simple interest, and compound interest. She then stated that financial capability is essential for individuals to achieve their financial goals, make decisions, and respond effectively to their financial challenges. 

At the end of her presentation, OIC Villegas encouraged everyone to set their life goals through responsible spending, savings, and financial planning, enabling individuals to achieve financial stability, security, and ultimately financial well-being.     

The webinar ended with the closing remarks of Atty. Dennis I. Madrigal, OIC-Director III of the BTr Region IV-A, wherein he expressed his gratitude to the LSPU officials, faculty, students, and speaker for making this activity successful and fruitful to everyone.  

#FinancialLiteracyWebinar