Pru Life UK champions financial literacy through e-learning among teachers with ‘PRU e-FinLit’
To further advance its education and financial literacy advocacy, leading life insurer Pru Life UK launched the Pru Life UK Online Professional Certification Training Program on Financial Literacy or “PRU e-FinLit” with over 1,000 teachers from the Department of Education (DepEd) – Division of Negros Occidental attending a live virtual program on June 3.
Developed by Pru Life UK, PRU e-FinLit is a breakthrough online course available for free that aims to equip and empower Filipino professionals nationwide, starting with teachers as priority, with the right financial literacy knowledge and skills to help them take control of their finances, maximize their resources, and eventually achieve their financial and life goals through guidance on financial management concepts.
Since its rollout, PRU e-FinLit has certified a total of 2,154 teachers who have passed the course in July, nearing its target of 2,500 teachers in Negros Occidental.
This program also supports DepEds’ newly implemented Financial Education Policy which aims to enhance the financial literacy and financial capability of all learners both from public and private elementary, junior, and senior high schools and their teachers nationwide, to make wise financial decisions and achieve financial health.
“The active support and involvement in furthering our financial literacy program for the youth across Negros Occidental through Cha-Ching, in partnership with the Prudence Foundation, the community investment arm of Prudential businesses in Asia and Africa, has been crucial in the success of our program, and for that, Pru Life UK is beyond grateful and wish to pay it forward by offering our educators and co-advocates this PRU e-FinLit Program,” shared Allan Tumbaga, Pru Life UK SVP and Chief Customer Marketing Officer.
Further, PRU e-FinLit ensures the convenience and security of the teachers as the course is hosted through the Moodle platform, a renowned and trusted content management system specifically designed for education stakeholders.
The course can be accessed 24/7 across different web browsers and devices, allowing teachers the flexibility to take the course, at their own pace and preferred time. Certificates are also be generated online for each level of the course completed.
PRU e-FinLit provides various learning tools to ensure understanding and practical application of key concepts in the course. This includes comics that portray relatable real-life scenarios, quizzes that serve as learning checkpoints, videos that offer a visual representation of topics, as well as assignments that help teachers reflect on and assess their financial state and goals further.
PRU e-FinLit is composed of two parts that offer a practical guide to the foundations of the financial management process: the Basic and Advanced levels.
The Basic level provides an overview of the financial management course and details of each step in the process. It consists of three modules which are:
(1) Personal Financial Assessment – to help teachers determine personal attitudes toward finances and their current financial state
(2) Financial Goals – to offer a better understanding of Specific, Measurable, Attainable, Relevant, and Time-based (SMART) financial goals, and
(3) Financial Management Process – to introduce key concepts in financial management and explain how good financial management can improve one’s overall financial state.
The Advanced level, on the other hand, will soon be made available to teachers who can complete the Basic level of the course. It consists of five modules designed to help teachers grow and protect their finances, manage debts wisely, and prepare for retirement.
This program is part of Pru Life UK’s We DO Education commitment, which aims to help more Filipinos become money smart to be able to get the most out of life.