Local News

OFW kin undergo financial literacy training

Nicole Renee David

THE families of some overseas Filipino workers (OFWs) from different barangays of the City of San Fernando recently joined financial literacy training at Heroes Hall here.

The event was organized by the city government and the Women’s Executive Committee together with the City Employment Services Division, Overseas Workers Welfare Administration (OWWA) and Pru Life U.K.

Megan Claire David, OWWA labor communication officer, said the event aimed to teach families how to handle their finances while their loved ones are working abroad.

“Even though how many times a person would go to trainings such as this, he or she must do what he or she has learned on these trainings he or she went to, so that they could put into action the lectures they’ve learned into their own finances and manage their own personal or family funds,” David said.

Olivia Coloma, Pru Life U.K. Magnetite Baguio branch area manager, discussed their organization’s background, saving processes, insurance, financial planning, and barriers (things that people spend their money on).

“We really need to do smart financial planning so that we can achieve our goals and give a bright future to ourselves and to our beloved families,” Coloma said.

The participants came from barangays San Jose, Bulaon, Calulut, Magliman, Saguin, Sindalan, Del Pilar, Dolores, Malpitic, Quebiawan, San Felipe, Pulung Bulu, and Delapaz Norte.

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