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Saturday, January 8, 2022

Youths in Kabayan, Benguet save .5 Million pesos from "Ipon Challenge"

Photo Courtesy || PIO Kabayan

Cordillera- More than half a million pesos (P523,345.85) was collected from the  Ipon challenge  participated by more than twenty three local youths in Kabayan, Benguet.

Have you ever challenged yourself to save something everyday? While others challenge themselves to save any amount, could it be even challenging to save a specific amount or set a target amount within a day, month or year?

Either you have a steady stream of income, or a student receiving allowance from your parents, you can always save if you choose to, but to challenge yourself to save is a different story.

Just like Maureen Medon who was able to save P54, 344 from the working youth category and Brian Labenio who was able to save P53,500 from the school category.

This Ipon challenge was launched by the local government through the leadership of  Shellanie Luciap, President of the Sangguniang Kabataan Federation which lasted from February 10, 2021 to December 10, 2021.

The challenge was participated by 23 participants with two categories. There were 7 participants from the working youth category and 16 participants from the school your category.

Those who were able to save the most from both categories were recognized and awarded P7,500 each. Second placers received P5,500 and third placers received P4,000, while three participants from both categories received P1,000 as consolation prizes.

This Ipon challenge is indeed an exceptional program conducted by the local government to introduce financial literacy and teach financial discipline and habit to the youth.

This program was certainly successful as some of the participants testified and shared what they've learned about self-discipline not opening their piggy bank, determination in saving, motivation  and inspiration to win the Ipon challenge.

Source|| PIO Kabayan



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