The Bangko Sentral ng Pilipinas (BSP) is mounting the Money Matters for Kids (MMK) Exhibit from July 22 to August 18 at the Main Lobby of the Metropolitan Museum of Manila (MET) at the BSP Complex, Roxas Boulevard, Manila.
BSP Governor Amando M. Tetangco, Jr. and officers of the Department of Education-Manila and the MET led the ribbon cutting ceremonies for the exhibit. Students from A. Albert Elementary School of Dapitan-Casañas, Sampaloc, Manila also graced the opening ceremonies.
MMK is a fun and interactive way for students 12 years old and younger to learn the concepts of money, saving, spending and sharing. Designed to catch the fancy of schoolchildren, the exhibit provides hands-on tools that encourage kids to play and study while exploring money-related themes.
MMK features a make-believe bank where children can play the roles of bank managers and tellers, and a mock-up Automated Teller Machine (ATM) that teaches kids how to use ATM cards and enter personal identification numbers. This enables the kids to learn about bank accounts, deposits, and withdrawals.
There is also a grocery shop which teaches kids how to budget and to differentiate between needs and wants. The children can likewise use ultraviolet light to know the security features of peso bills and to distinguish between genuine and fake banknotes.
The exhibit is open to the public Mondays through Saturdays from 10 am to 5:30 pm. The exhibit has so far attracted 15,660 visitors since it was launched in 2011. Last year, MMK exhibits were held at the Gateway Mall in Cubao, Quezon City and the University of the Philippines Los Baños in Laguna.
The MMK exhibit, which is a component of the BSP’s integrated Economic and Financial Learning Program, is spearheaded by the BSP’s Financial Consumer Affairs Group. The traveling exhibit will be put up across the country to enable the BSP to cover more ground in teaching the citizenry to become disciplined savers, conscious spenders, and smart consumers at an early age.