17 October 2016, ROME - The Philippine Embassy in Rome, Italy conducted a short course on Basic Financial Education for twenty-five (25) overseas Filipinos in Italy at the chancery on 13 October 2016, part of its advocacy to engage and inform Filipino communities.

 “Filipinos go abroad primarily to earn money for their families back in the Philippines. While some are doing well, some of our kababayans fail to achieve financial security due to money mismanagement,” said Philippine Ambassador to Italy Domingo P. Nolasco.

 “We want to continue engaging overseas Filipinos in Italy and share useful knowledge to make sound financial decisions.”

The participants were introduced the basics of money management in relation to their goals, learning useful concepts such as cash flow, net worth, and simple financial planning.

Common money mistakes among Filipinos were also explained during the course. “We want the seminar to be practical and relatable to our kababayans.” Ambassador Nolasco said.

“We hope to continue this advocacy in order to help Filipinos help themselves so that their hard-earned money is put to good use. We want to support them to achieve their ambitions for their families,” said Ambassador Nolasco. END