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Filipinos at Phnom Penh tackle financial freedom

During the two-hour event, Aguilar emphasized the importance of personal financial planning and shared with the participants the principles of earning, managing and growing money towards becoming debt-free.

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Phnom Penh Financial Freedom Financial coach MJ Aguilar discusses the principles of personal financing.

About 60 members of the Filipino community in Cambodia attended a financial literacy workshop entitled “Panatag na Kabuhayan sa Kinabukasan,” which was organized by the Philippine Embassy on 16 November.

The workshop was conducted by MJ Aguilar who is known as the Millennial Financial Coach in ABS-CBN’s Swak na Swak episodes on personal finance. During the two-hour event, Aguilar emphasized the importance of personal financial planning and shared with participants the principles of earning, managing and growing money towards becoming debt-free.

Aguilar traveled all the way from Manila to share his expertise, upon the invitation of the event’s host, Teddy Publico, a Phnom Penh-based teacher.

Philippine Embassy in Phnom Penh Chargé d’ Affaires Myca Magnolia Fischer, in her welcome remarks, noted that while there are many success stories of overseas workers eventually becoming overseas entrepreneurs or investors, there have been many sad stories of those who have come home with even more debts to pay.

“Through this workshop, we hope to equip OFW in Cambodia with the knowledge to help them embark on a quest for financial freedom,” Fischer said.

The financial literacy workshop was held as part of the Embassy’s Gender and Development Program.

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