2023 FAMI Financial Literacy    

First Metro Asset Management, Inc. (FAMI) is a leading mutual fund investment company under the First Metro Group. As trusted steward, FAMI’s mission is to transform Filipinos from savers to investors through its investment literacy programs. 

FAMI conducted 44 financial literacy sessions with an audience of 3,348 people nationwide. The audience included junior to senior high and college students, teachers/professors, government employees, doctors, treasurers, finance officers, managers of foundations and educational institutions. For 2023, FAMI delivered more than half of the programs onsite/face-to-face. 

The financial literacy program of FAMI centers on understanding one’s financial health through an assessment and making informed decisions about their financial status. It takes on a holistic approach through (1) practicing budget planning and debt management, (2) managing immediate and long-term risks through savings and insurance, (3) determining how money grows through different assets such as stocks, bonds, Mutual Funds, UITF and real estate and (4) planning their investment for education, retirement, and other goals.

The topics covered in the financial literacy sessions include:
1.    “Gearing up towards Financial Independence” to discuss to students, teachers and government employees the basic practices in money management, personal finance and investments through gamification and introduce the different financial instruments, such as savings, TDs, bonds, stocks, real estate and mutual funds, suitable to their goals and time horizon.  

2.     “Gear up! Money and Investment Hacks” to guide professors and teachers on how they can estimate their retirement expenses and how they can fund their retirement ahead.

3.    “Intro to Investing through Managed Funds” to guide students in investing directly or through managed funds such as Mutual Funds, UITF and ETF. 

4.    “Mother’s Day Learning Series” 
4.1. “Financial Preparations for Soon-to-be Moms” to soon-to-be moms on physical, emotional and even financial preparations before and after the baby arrives.

4.2.    “Financial Preparations for Moms of Toddlers and Kids“ to guide moms and parents in managing household finance while integrating growing expenses for a growing kid, school tuition fees and other expenses.

4.3.    “Financial Preparations for Retiring Moms and Moms of Teens” to teach moms on college expense planning, career planning and preparing for their own retirement so they will not solely rely to their children during old age.

5.    Father’s Day Learning Series
5.1.    “Raising Children into Financially Independent Adults” to discuss the age-appropriate money lessons that fathers can teach their children to raise them to become financially responsible adults.   

5.2.    “Achieving Financial Wellness for Fathers” to discuss the current trends in funding their retirement fund and managing their retirement pay once they retire.

6.    “Be a Hero, Not a Zero” to guide breadwinners and OFWs in budgeting, saving and investing so that they will not end up with zero when they stop working or return to the country.

7.    “Invest Early, Retire Comfortably” to guide middle-aged individuals and parents in proper retirement planning by looking at different sources of pension and income-generating investments. Estimating their future expenses and required retirement fund. 

8.    “Do’s and Don’ts of Investing and Market Update” to guide treasurers in developing their institution’s investment policy and discuss the recent market trends and market outlook.