Financial literacy for coaches confab set

MANILA, Philippines –  About 140 national coaches are expected to participate in the Philippine Sports Commission’s Personality Enhancement Program (PEP) for Sports module on financial literacy next week at the Rizal Memorial Sports Complex.

The coaches will be divided into two batches for the module, which will be held on Oct. 19-20. Aya Laraya, the man behind the well-known financial blog “Pesos and Sense”, will be the featured resource speaker.

Commissioner and PEP project director Wigberto “Iggy” Clavecilla said that after the successful conduct of the module for the country’s priority athletes last Sept. 22, he felt that the rest of the national pool should be able to learn more about the basics of saving and investing their hard-earned incentives and regular allowances from the government.

“We have heard stories about some of our national sports greats falling into difficult times after their athletic careers. We want to help them establish their families and live comfortably after retiring from active competition. This is part of our service to our national athletes and coaches, and we are happy to render such,” Clavecilla said.

Other athletes in the national training pool, meanwhile, will take the module on financial literacy during the second week of November.

The PEP is a series of seminars grouped into three modules to help strengthen the non-sporting aspects of athletes and coaches’ lives that inevitably merge with their respective sporting careers. The other two modules scheduled for early next year will focus on personal enhancement and holistic health.