House panel OKs bill mandating 'personal finance education' before marriage

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The bill proposes that no marriage license be issued unless applicants present certification for completing personal finance education.

MANILA — A measure seeking to mandate personal finance education for couples applying for a marriage license hurdled the committee level at the House of Representatives on Tuesday.

“Marami tayong experiences, mga kaibigan, kababayan natin, nagpakasal, pagkatapos ng ilang buwan, ilang taon, naghihiwalay dahil sa hindi pagkakaunawaaan sa aspetong pinansyal. ‘Yun ang nais natin bigyan ng solusyon, na ang lahat ng kababayan natin na nagpa-planong mag-asawa ay mabigyan ng preparasyon sa aspetong pang-ekonomiya at pinasyal,” the bill’s author, Bukidnon 1st District Representative Jose Manuel Alba said.

Economic think tank IBON, estimated in June that the family living wage — how much families need to earn to to have a decent life — in the National Capital Region was P1,164 a day or P25,327 a month.

 

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