DepEd, BDO Network Bank help teachers reach financial goals
Public school teachers stand to benefit from the continued support from the Department of Education (DepEd) and BDO Network Bank (BDONB), particularly in equipping them with financial knowledge to help them achieve their personal goals.
For many teachers, gaining financial literacy helps them practice financial discipline and make informed decisions on budgeting, saving, and debt management. On the importance of practical budgeting in particular, knowing where their money goes every month has taken so much stress off teachers’ shoulders already loaded with the daily grind of teaching. This knowledge assists in avoiding debt traps as they are able to manage and prioritize their expenses better. Saving for future goals also gives teachers tools to start building funds for their imminent ...