On OFW Family Day, OWWA regional office holds financial literacy seminar for OFW Family Circles

Date Posted: January 2nd, 2014 09:43 AM

On OFW Family Day, OWWA regional office holds financial literacy seminar for OFW Family Circles The Overseas Workers Welfare Administration Regional Welfare Office 3, in partnership with the Provincial Government of Pampanga, recently concluded a two-day financial literacy seminar for OFW Family Circles in Pampanga. In a report to Labor Secretary Rosalinda Dimapilis-Baldoz through OWWA Administrator Carmelita Dimzon, OWWA Regional Director Ma. Lourdes V. Reyes said the seminar, held on the occasion of the annual OFW Family Day at the Event Center of SM City Pampanga, was attended by 278 OFWs and their families from all over the region. "The financial literacy seminar was the highlight activity of the OFW Family Day in the region," said Reyes, who explained that the seminar aimed to empower OFW dependents in managing money they receive from their working loved ones or relatives abroad. The OFW Family Day is an annual nationwide celebration that brings together OFW communities to foster camaraderie among OFWs dependents. It is intended to strengthen family ties and values through different stimulating activities. According to Reyes, the financial literacy seminar used a developmental approach in empowering OFWs and their families by providing them access to additional tools in building their financial literacy skills, and in teaching them how to manage their money more sensibly. Baldoz commended the OWWA regional office, saying the financial literacy seminar is an important part of the OWWA’s strategy and commitment to help OFWs and their families learn the financial issues and challenges that affect their day-to-day lives. “Our aim is to help OFW dependents learn how to measure and manage the money their OFW relatives make and teach them to appreciate and value the fruits of the hard work their relatives and loved ones are doing," said Reyes. The seminar included modules on saving and saving options, earning additional money, planning and creating a personal mission, and setting a time-line for financial activities and accomplishments. With the growing number of OFWs and dependents becoming more sensitive of economic management methods, the regional welfare office expects the number of successful OFW businesses in the region to rise. Reyes said the regional welfare office is ready for this development. Last year, she said the office, through its Family Welfare Offices and in partnership with established OFW Family Circles, conducted other related training and seminars, such as entrepreneurial development training, values re-orientation, and organizational development training for OFWs and their dependents across the region. END/Freya Palad/Jerry Borja

Created Aug 18th 2014, 15:12


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