The Manila Times

Personal finance lessons within your reach

- MONEYMAX FROM B1

We are fortunate today that due to the internet, people who are knowledgea­ble about financial matters share informatio­n and chat with beginners who want to improve their way of living. One group that I discovered which facilitate­s this is the Angat Pilipinas Coalition for Financial Literacy. Burn Gutierrez, the chairman and founder of this advocacy group, has been sharing personal finance informatio­n since 2012 with the help of volunteers – respected financial advisors, bloggers, writers, authors, musicians, artists, accountant­s, and entreprene­urs. Also helping him out with this is Carmi Irene Cristobal, the president of the advocacy group. They hold free seminars and moderate the conversati­ons at their Facebook Group which as of today has more than 14,000 members.

“Many Filipinos prefer to buy things that they want and benefit from them instantly. They want something tangible. On the other hand, paying for financial advisors or seminars may not be an “in” thing for many of our kababayans because they believe that they will not get something from them right away as compared to buying gadgets or appliances on credit,” says Burn.

Aside from giving free education, the group also recognize exceptiona­l personal finance advocates who go out of their way to share their personal finance knowledge through the Angat Pilipinas Financial Literacy Awards. The awards, says Carmi, “is a big move to promote financial literacy. It is by recognizin­g these personalit­ies that will empower them to do more and be creative in sharing their personal financial journey in order to inspire more people.” Aside from the awardees, there were also notable guests including Rex Ma. Mendoza, Dr Alvin Ang, Paulo Tibig, Randell Tiongson, and Marvin Germo who attended the event and presented the award to the winners.

“Apart from the performanc­e of our musicians and the presentati­on of awards by our notable guests, I liked the speech that Jj Lopez, our youngest volunteer who is 15 years old, delivered. He narrated his experience as a “teacher” of financial literacy to children and teens. He looks forward to teaching more young people about saving and investing through Angat Pilipinas’ youth camps,” Burn shared about his favorite part of the program. This is refreshing to know since most teenagers his age ( including myself when I was his age) mostly think about schoolwork, gadgets, and other personal concerns. Starting this early is definitely an advantage for him and to other teenagers that he can affect.

I look forward to the day that more Filipinos can see the importance of learning about smart more groups like the Angat Pilipinas Coalition for Financial Literacy to help Filipinos realize the importance of this aspect of their lives. KristelSil­angistheco­ntentman- comparison­websiteaim­ing tohelpFili­pinossavem­oney throughdil­igentcompa­risonsof

Newspapers in English

Newspapers from Philippines