DepEd expands, intensifies lessons on finance in K to 12 curriculum | Inquirer News
Close  

DepEd expands, intensifies lessons on finance in K to 12 curriculum

/ 02:19 PM July 08, 2021
The DepEd has expanded the integration of financial education to the K to 12 curricula to improve financial skills of learners and teachers.

Education Secretary Leonor Briones. FILE PHOTO / Henzberg Austria / Senate PRIB

MANILA, Philippines — To improve skills on handling finances of learners and teachers, the Department of Education (DepEd) on Thursday said that it has “expanded and intensified” the integration of financial education to the K to 12 curriculum.

The DepEd issued the Financial Education Policy to “help learners and teaching and non-teaching personnel make sound financial decisions” by including financial lessons in school activities.

ADVERTISEMENT

It cited a survey from the Bangko Sentral ng Pilipinas showing that 41 percent of Filipinos can only answer one of three financial literacy questions correctly and only eight percent can answer three.

“Financial Education is vital in developing a financially literate citizenry, empowering them to make wise financial decisions, take advantage of economic opportunities, and achieve financial health,” Education Secretary Leonor Briones said in a statement.

FEATURED STORIES

“Financial literate citizens can contribute more productively to inclusive growth and be more effective agents of nation-building,” she added.

Under the policy, teachers, leaders, teachers-in-training, and non-teaching personnel will be trained to “equip them with knowledge on financial education concepts, core messages as well as helping them to hone their own financial management skills.

Meanwhile, learners will be taught financial concepts and skills on earning, saving, spending, budgeting, donating, investing, planning, consumer protection, and entrepreneurship.

“Learners will also be taught how to open a savings account and help manage their resources prudently, which helps them apply these concepts in real life – which is one of the policy’s key objectives,” the DepEd added.

The DepEd said the policy covers “all learners from public and private elementary, junior and senior high schools, learning centers for Special Education (SPEd) and Alternative Learning Systems (ALS), and Indigenous Learning Systems and Madrasah Education Program.” Faith Yuen Wei Ragasa, INQUIRER trainee

RELATED STORIES:

DepEd’s Briones says WB study on PH education ‘inflicted harm’ on country, gov’t 

DepEd challenged by PH’s poor ranking in World Bank education report 

JPV

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: curriculum, Department of Education, financial education, K to 12, Secretary Leonor Briones
For feedback, complaints, or inquiries, contact us.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.



© Copyright 1997-2022 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.