Community members offered accounting, savings tips

Friday, 01 August 2014 From Issue Vol. XXII No. 31 By  Urasin Khantaraphan

More than 300 Pattaya residents were given lessons in accounting and tips on saving money as part of a Pattaya Community Security Fund workshop on living by HM the King’s “sufficiency economy” philosophy.

Pattaya Deputy Mayor Ronakit Ekasingh opened the July 22 seminar featuring speakers from the Government Savings Bank on money-saving measures, account management and implementing the sufficiency-economy model.

Deputy Mayor Ronakit Ekasingh awards eight scholarships of 500 baht each to students with grade-point averages above 3.5.Deputy Mayor Ronakit Ekasingh awards eight scholarships of 500 baht each to students with grade-point averages above 3.5.

The deputy mayor also awarded eight scholarships of 500 baht each to students with grade-point averages above 3.5.

The attendees, who are active in Pattaya’s 41 community organizations, heard a lecture called “Know Your Income and Expenses,” which encouraged them to efficiently manage finances for utmost personal and community benefits.

Bank employees also offered money-saving tips attendees can use in their personal lives to increase family savings levels. The bank also handed out passbooks to encourage everyone to save for the future.

Good accounting and saving money is a key component of HM the King’s sufficiency philosophy, which encourages family and communities to survive independently and not rely out on outside sources of funding or aid.

The workshop is only part of a schedule of activities planned for the rest of the year. The next event, training on welfare coordination, runs Aug. 4-5 in Prachinburi and Srakaew. Future events cover creating piggy banks for savings and saving following the sufficiency-economy principle.

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