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Be Financially Literate!

Why are some of our educators nowadays going abroad?


Financial literacy is a crucial skill that everyone, including teachers, should possess. As a teacher, it is important to understand the basics of finance. In this article, I will discuss some key points on financial literacy for teachers: First is to define financial literacy: Financial literacy refers to an individual's ability to understand and effectively manage money. This involves having a basic understanding of different financial concepts such as budgeting, saving, investing, and risk management.

Taken during one of the professional sharing of the teachers.

The second is to understand the basics: Teachers should understand the basics of finance, such as the difference between short-term and long-term goals and the benefits of saving and investing. They should also understand the different types of savings and investment accounts such as mutual funds, stocks, bonds, and real estate.


The third is to plan and budget: Teachers need to be able to plan and budget their personal finances. This includes creating a budget, tracking expenses, and setting financial goals. Teachers should also know how to use financial tools such as spreadsheets and budgeting apps.


Next is to understand credit: It is important for teachers to understand the concept of credit and how to manage credit responsibly. This includes knowing how credit scores are calculated, the different types of credit accounts, and the risks and benefits of credit.


Another one is to invest in your education: Teachers should invest in their own financial education. This includes attending workshops, reading books, and accessing online resources on topics such as personal finance, investing, and retirement planning.

A group of teachers who are supporting each other in their journey toward financial freedom.

And lastly, role model financial stewardship: Teachers are responsible for modeling positive financial habits for their students. This includes living below their means, saving regularly, and avoiding debt. Teachers should also be aware of ethical and legal financial issues such as insider trading and conflicts of interest.


In conclusion, financial literacy is a critical skill that every teacher should possess. Understanding the basics of finance and being able to communicate this information effectively to teachers ensure that teachers are financially literate and prepared for the future. Teachers should also be committed to their own financial education in order to be role models for their students. By modeling positive financial habits and being aware of ethical and legal financial issues, teachers can help their students make informed financial decisions and achieve their financial goals. I believe that if these key points are religiously applied, there might be NO NEED to seek greener pastures elsewhere but in this country.




Article Written by:


Rhia S. Apurada

Teacher III - Kabayanan Elementary School

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