Coming from a banking institution and with business as a background, I found our first day of Service Learning (SL) a recap of what I used to impart to other students when I was in college and a continuation of our institution’s advocacy for financial education.
Our group’s first SL activity is entitled “Tara, Ipon Na’t Kumita Tayo”.
It was divided into two segments with the Ipon Session as the first part, discussed and presented by me, KR, and Dianne. We were chosen for this part because we are all from the banking sector. The second part catered to the Kumita segment and was presented by Emy, Snow, Candy, and Lizette. Jan, Nikki, and Xiel were the overall in charge/supervisors of the event.
IPON Part - discussion about why we need to save, basic know-how on how to save, and where to save.
There was also an activity on financial planning where mothers of Barangay Oranbo made a monthly income and expense sheet that could help in saving.
KUMITA PART - discussion about what we can do with our savings and business opportunities. The participants were taught how to plant tomato seeds, and make pizza rolls and graham balls.
In conclusion, I was able to see money and banking in a different light. Most of the participants do not have enough money to consider as savings and some have negative net worth or deficit that they do not know when and how to start saving. It was also an opportunity for me, as someone who has the skills in banking, to share my knowledge and impart some tips that could help the participants on their quest for financial freedom. I hope that I was able to open their minds on the idea that saving for the future is important as breathing and that time is of the essence when we talk about money and investments. Above all, the activity is a learning experience for me and my teammates because it made us see that using our talents and background, we were able to improve something that we thought we cannot be improve - that is the money mindset of many.
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