In the 2019 Financial Inclusion Survey conducted by the Bangko Sentral ng Pilipinas (BSP), the biggest percentage of Filipinos—a whopping 41%—can only answer 1 of 3 financial literacy questions correctly. A meager 8% can answer three. This clearly shows how important and relevant financial education is for Filipinos.
The pandemic made many Filipinos realize the value of taking care of your finances, only a few really put it in practice. Blame it on the lack of awareness, limited access to credible information and lack of reliable role models.
FWD Life Insurance’s FWD Affiliates PH app 3.0 hopes to bridge this information gap by giving Filipinos access to credible finance and insurance-related content and making it rewarding for them to become an advocate for financial education. Through the app, you can get cash-convertible rewards when you share articles and posts about personal finance, investing, and handling money on Facebook, Instagram, Viber, Messenger, and email.
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