Posts about: financial literacy
Thursday, November 2, 2017
In its goal to provide accessibility to financial literacy to Filipinos, Sun Life recently launched its three online resources for free. In turn, many will learn how to plan for their future. It is composed of a three-step push for either families or individuals to help them achieve their dreams: attend the Brighter Life Institute, begin their journey with the My Future Fund Calculator, and connect with the #SINAG online journalism contest.
“Nowadays, Filipinos are more empowered in taking charge of their finances. They are turning to online resources to help them understand financial concepts and manage their money. Given our expertise and experience, we want to be their go-to partner as they progress in their financial journey,” declared Sun Life of Canada (Philippines), Inc. Chief Marketing Officer Mylene Lopa.
Attend the Brighter Life Institute
Open for enrollment since 2014, the award-winning Brighter Life Institute or BLI is an organized learning program inspired by MOOCs (massive online open courses). For this year, BLI rolls out the Moving Up module – a set of lessons which aim to teach families basic financial planning practices and the value of honest conversations about money, even to one’s children.
The Moving Up module takes its cue from Sun Life’s ‘Money For Life’ philosophy, which shows a holistic journey through four different life stages. With lessons spanning from creating a household budget to preparing for future milestones such as a college education, BLI’s latest offering can now be accessed via http://brighterlife.com.ph/bli-moving-up.
For a glimpse of how an insurance-with-savings product can help in reaching one’s dreams on time, the My Future Fund Calculator is available via bit.ly/myfuturecalculator. Just set a target date, choose a My Future Fund nearest the target date, and pair it with a suitable Sun Life variable life insurance product.
My Future Fund is perfect for families who are preparing for a specific purpose, like a college education or owning their own home.
What’s more, users of the My Future Calculator can get a chance to win P25,000 cash when they share it on Facebook and subscribe to Brighter Life Institute through the Plan 4 Your Fam, Win a Future Fund promo. Full mechanics here.
Connect with #SINAG online journalism contest
Now on its fourth year, #SINAG invites Filipino bloggers and online journalists to be part of Sun Life’s financial literacy advocacy by sharing and posting about their insights and experiences on money management.
From securing their future to learning about financial instruments, #SINAG is a valuable compilation of life stories and advice from writers who also believe in the benefit of being financially prepared.
Interested writers can send a link of their entry to editor@brighterlife.com.ph. Full contest mechanics can be found here. Clueless on where to start? The Brighter Life Institute and the My Future Fund Calculator are good jump-off points to select a #SINAG-worthy entry.
For updates on Brighter Life Institute, My Future Fund Calculator, and #SINAG, follow us on social media via @sunlifeph.
Monday, October 2, 2017
THE
PHILIPPINES, Manila – 2 October 2017
– Visa
launched Lukot-lukot,
Bilog-bilog
(Crumpled, Round), an interactive play featuring national heroes,
developed with Tanghalang Pilipino (TP), the resident drama company
of the Cultural Center of the Philippines, and Bangko Sentral ng
Pilipinas (BSP) designed to educate
and empower the Filipino youth to make informed financial decisions.
This is the first program of its kind launched by Visa in the
Philippines in support of the government’s National Strategy for
Financial Inclusion spearheaded by the Bangko Sentral ng Pilipinas.
Lukot-lukot,
Bilog-bilog
will showcase common scenarios faced by a Filipina senior high school
student protagonist named Gwyneth who is challenged to make decisions
between her needs and wants. Native Filipino heroes such as Jose
Rizal and Apolinario Mabini will also ‘come alive’ from the
crumpled bills and rounded coins to help the main character make wise
decisions.
The launch
also included a panel discussion on the importance of financial
literacy in the Philippines, including panelists such as Dan Wolbert,
Visa Philippines Head of Sales, Pia Roman-Tayug, Bangko Sentral ng
Pilipinas Head of Inclusive Finance Advocacy, Nanding Josef,
Tanghalang Pilipino Artistic Director, and Patricia Feria-Lim, Teach
for the Philippines Chief Strategy Officer.
“At
Visa, we strongly believe in the importance of financial literacy and
it is a key area of focus as part of our corporate social
responsibility efforts. Hence, with the support of BSP, we created
this financial literacy program and interactive play through
Lukot-lukot,
Bilog-bilog
where the Filipino youth can relate to various scenarios on making
money management decisions. With millennials forming a large
population in the Philippines, we believe it is crucial to spread the
knowledge of how to manage their money at a young age, and to
highlight the importance of making smart monetary decisions,” said
Stuart Tomlinson, Visa Country Manager for the Philippines and Guam.
Starting
October, the show will be performed in close to 10 different schools
to make financial literacy education more accessible to the students.
This program is aligned with the government’s National Strategy for
Financial Inclusion, in particular, the pillar on financial education
and consumer protection.
“The
informative and interactive performances will stimulate creativity
and challenge its audience on their perception of money,” says
Nanding Josef, Tanghalang Pilipino Artistic Director. With the
creative direction of TP, the play will spark critical thinking in
these youths on the value of money. “By presenting economic
concepts in realistic and entertaining situations, we hope that
audiences will find it easier to apply their learnings in their daily
lives,” added Nanding.
Visa’s
financial literacy initiative also aims to reach out to students
under Teach for the Philippines, a program Visa has been actively
involved with previously.
"Experiential
learning has been proven to be an effective method for encouraging
mastery and understanding. At Teach for the Philippines, we believe
that programs which incorporate financial literacy and theater arts
in academics develop the critical life skills of our learners. We
look forward to a continued partnership with Visa Philippines, BSP,
and Tanghalang Pilipino to bring our learners closer to their full
potential and enable them to contribute meaningfully to nation
building," said Patricia.
“We want
to secure the future of the Filipino youth and are committed to
forging the path to financial literacy and inclusion. We envision the
program to reach more students throughout the country in the coming
years,” added Stu.
Subscribe to:
Posts (Atom)
Search