BiPSU advocates financial literacy among students through FinLit Month Celebration

To promote financial literacy among students, Biliran Province State University, through the School of Arts and Sciences Supreme Student Council (SAS-SSC) and the Students of Economic Circle (SEC), joined the celebration of the Economic and Financial Literacy Month on November 13 at the university gymnasium.

With the theme “Empowering Filipinos Towards Realizing a Prosperous Middle-Class Society Through Economic and Financial Literacy,” the activity aimed to equip participants with the knowledge and skills necessary for making informed and rational financial decisions.

The whole-day celebration was attended by students from the Department of Business Administration and Department of Economics from SAS, along with students from the School of Management and Entrepreneurship (SME).

In his message, BiPSU President Dr. Victor C. Cañezo, Jr., highlighted the importance of financial literacy through giving spotlight to working students who strive to make ends meet.

“We’ve all heard stories of students working part-time jobs to make ends meet, carefully managing their finances to buy books and support their families,” Dr. Cañezo said. “Learning to budget and save not only helps them survive but empowers them to strive―to break free from the cycle of poverty and build a better future.”

The event featured two plenary sessions. The first session, Reducing Inequality: Empowering Filipinos Towards Realizing a Prosperous Middle-Class Society, was discussed by Mr. Joseph C. Pica, information officer from the National Economic and Development Authority (NEDA). Meanwhile, the second session, Wealth Creation: Empowering Filipinos Towards Realizing a Prosperous Middle-Class Society, was tackled by Ms. Erma L. Lagarte, regional economic affairs staff at the Bangko Sentral ng Pilipinas (BSP) Visayas Regional Office.

Additionally, question and answer portions followed in each discussion, allowing a space for students to ask inquiries and clarifications in relation to financial literacy. 

Simultaneously, the celebration also featured a research presentation at the BiPSU Hyflex Audio-Visual Center (HAVC) participated by fourth year Bachelor of Arts in Economics (BA-Econ) students.

This culmination is pursuant to Republic Act No. 10922, known as the “Economic Financial Literacy Act,” which is celebrated every second week of November to develop national consciousness on economic and financial literacy.

#WoWBiPSU

[This article aligns with Sustainable Development Goal (SDG) 4: Quality Education and SDG 10: Reduced Inequality.]

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