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Practical and Moneywise Wealth Management For Teachers

By Jomes Kemuel Ibañez

Crafted from the words “pera” and “preparasyon”, ₱er@parasyon is the corporate social responsibility program of CitySavings that aims to strengthen practical wealth management among the academe’s educators and non-teaching personnel nationwide.

Year-round, CitySavings holds ₱er@parasyon sessions in various schools to teach simple steps on saving, building investment, and managing debt to pave the way to financial wellness. In 2019 alone, the bank conducted over 480 sessions to more than 31,600 educators.

“We realized that self-discipline is the key to be financially secured, especially when we hit our prime years,” shared Irene Campanero, school principal of Maydolong National High School in Eastern Samar.

In Surigao del Norte, Rose Abao of Alegria National High School is thankful to the project for reinforcing the value of having savings and prioritizing needs before wants for a debt-free life.

“Simple tips like going to the grocery with a shopping list or cooking your own meals make a difference. May CitySavings continue to share these practical wealth management tips for everyone’s benefit,” she shared.

Attending Project ₱er@parasyon reminded me to secure myself and my family’s future financially. I learned that spending less doesn’t mean living a less quality of life. I commend CitySavings for this advocacy.

Suzanne Capuz, Labnig National High School, Malinao, Albay

Project ₱er@parasyon contributes to the education aspect of the United Nations’s Sustainable Development Goals (SDG), specifically in increasing the number of people with relevant skills for financial success. CitySavings continues to make banking simple, straightforward and more accessible to bring greater financial inclusion to more Filipinos.

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