Benefits of financial literacy training for PWDs: ANZ and LCDPFI to evaluate

By Dexter C. Tiro
with contribution from Georgette May Virgo

Quezon City, Feb 9, 2017 – After the successful “MoneyMinded” seminar in June 25 last year, the Australia and New Zealand Banking Group (ANZ) organized a forum on financial literacy in cooperation with LCDPFI to evaluate how effective was the seminar to participants. The forum took place January 12, 2017 at the ANZ headquarters in Eastwood, Quezon City. It was attended to by a total of 15 leaders of people with disabilities who attended the previous MoneyMinded seminar from different local communities such as Hagonoy,Bulacan, Dasmarinas, Cavite and Calumpit, Bulacan.

MoneyMinded, as defined by the ANZ website is a comprehensive suite of financial education resources for adults, developed by ANZ and used by financial counsellors and community educators in assisting people to build their money management skills, knowledge and confidence.

In 2014, LCDPFI started forging a partnership with the company starting with the facilitation of such seminars to people with disabilities in the communities.  The program trains financial counsellors and community educators to become accredited MoneyMinded facilitators and deliver financial education to their clients. They also have free access to training materials and resources to support their delivery of the program, which include facilitator guides, participant workbooks, case studies and visual teaching aids.

The main purpose of the forum is to orient each community leaders on the use of an Evaluation Survey that will be given to all those who participated the previous seminars. The Evaluation Survey will help ANZ and LCDPFI to assess and evaluate improvements on the financial attitude of the participants in terms of their money handling and saving.

ANZ organized this forum to gather the perspectives of people with disabilities and their peers on the effectiveness of the MoneyMinded seminars in the hope of using this information to further improve on the succeeding sessions. DCT