THE Bangko Sentral ng Pilipinas (BSP) said that they are teaming up with the Technical Education and Skills Development Authority and Armed Forces of the Philippines (AFP) so as to conduct a financial literacy training among students and civil servants.

According to TESDA Executive Director David Bugallon, the e-learning program will carry an array of topics which focuses that of managing finances.

It included the budgeting and saving, investments, and debt management. 

TESDA has always offered entrepreneurial courses to those enrolled in skills training.

Bugallon said that there is importance of imparting financial literacy to Technical Vocational Education and Training (TVET) learners.

“Halimbawa for the OFWs, they earn hard money abroad and they send money here. Sa family members, there’s a problem on how to invest. So, when the worker comes home, walang investment,” Bugallon said.

“For those working, how to make use of their money, where to invest?” he added

TESDA has various e-learning modules that would include lessons, videos and interactive activities on financial literacy. 

The e-learning program of TESDA is currently under pilot testing to selected students.