WARNING ⚠️ BDO FIND WAYS TO DEPLETE ALL YOUR SAVINGS

I couldn't Believe that I will fall prey to BDO'S UNJUST WAYS TO DEPLETE MY SAVINGS ACCOUNT.

I used to have a BDO credit card but I STOPPED USING IT WHEN I HAD A RUPTURED BRAIN ANEURYSM WAY WAY BACK IN EARLY 2011. Sadly, after I had an operation for my ruptured brain aneurysm and was 50/50. I WAS BEDRIDDEN FOR A WHILE. I underwent physical therapy sessions and other check ups and was advised not to work anymore. 

BDO: My Savings' Arch-Nemesis?  A Rant About UNJUST WAYS THAT BDO IMPLEMENT

Okay, folks, let's talk about banks.  Specifically, my bank, BANCO DE ORO (BDO).  And let me tell you, sometimes I feel like they're actively trying to drain my savings account.  I know, I know, banks aren't charities. They're businesses.  But does it have to feel like they're nickel-and-diming me into oblivion?

I'm not going to pretend I'm a financial guru.  I'm just a regular person trying to save a little bit of money.  

For the first time in years, I got a letter from BDO a few minutes ago, informing me that they deducted 24, 773.62 from my savings account with them. This letter is out of the blue, I did not received any letters from BDO before this 2 letters simultaneously given to me by 2Go rider. I almost had a heart attack when I read BDO'S LETTERS.  

I FELT SO BETRAYED!  Maybe, this is how Andi Eugenman felt when she learnt about their bff's (aka fake friend) advise to her husband to abandon his family ( Andi and 2 kids).

BDO took a slice out of my already meager pie.  And take note, I NEVER RECEIVED ANY DEMAND LETTER OR WHATEVER. I DID NOT USED THAT EXPIRED CARD since January  2011. NEVER WHEN I WAS BEDRIDDEN. I WONDER WHAT FEES CONSTITUTE THAT 24K PLUS PLUS. MAYBE, "Service fees," "dormancy fees," "transaction fees," – it's a constant barrage of fees!  It's like BDO is celebrating every time they get to deduct something.

I am now paranoid.  Am I maintaining the minimum balance?  Have I made a purchase using that expired credit card way back in 2011 while I was bedridden????  Is there some hidden fee lurking around the corner, waiting to pounce on my hard-earned cash?  It's exhausting!

I understand that banks need to make money.  But come on!  Are these fees really necessary?  Couldn't there be a more transparent and reasonable way to manage costs?  It feels like they're preying on people who are just trying to save.

And don't even get me started on the "convenience" of online banking.  Sure, it's convenient, but it also seems to open up a whole new world of potential fees.  Accidentally click the wrong button?  Fee.  Transfer to another bank?  Fee.  Just breathe too loudly near your computer?  Probably a fee.  Okay, I'm exaggerating, but it feels like that sometimes.

I've tried calling customer service, but it's often a frustrating experience.  Long wait times, generic responses, and ultimately, I'm left feeling like my concerns are falling on deaf ears.  They explain the fees, sure, but they don't really address the feeling that I'm being bled dry.

So, here I am, venting my frustrations into the internet void.  Maybe someone at BDO will actually read this.  Maybe other people feel the same way.  Maybe this will just disappear into the digital abyss.

But if you're out there, BDO, hear me:  I get it, you're a business.  But please, find a better way to make money that doesn't feel like you're actively trying to make my savings account disappear.  There are other banks out there, and eventually, I might just reach my breaking point and take my (rapidly dwindling) savings elsewhere.

Anyone else feel this way?  Let me know in the comments.  Misery loves company, right?  And maybe, just maybe, if enough of us complain, something might actually change.  A girl can dream, can't she?

BENEFITS OF A SOLO PARENT

Solo Parent ID Benefits in the Philippines

The Solo Parent ID isn’t just an identification card—it’s a key that unlocks a variety of benefits specifically designed to support solo parents in their unique journey. These benefits, which are protected by law, aim to provide financial assistance, educational opportunities, and health care support, among other things.


Let’s take a closer look at these:

Employment-Related Benefits

As a solo parent, you are entitled to flexible work schedules as long as it doesn’t interfere with your productivity or that of the company. Additionally, if you have been with your company for at least a year, you are eligible for a parental leave of up to seven days per year.

Educational Benefits

The government provides educational benefits to solo parents and their children. This can be in the form of scholarships, student loans, and special projects that aim to improve the educational prospects of solo parents and their offspring.

Health Benefits

Health benefits are also part of the package. The government assists solo parents by providing comprehensive health programs for their children.

Housing Benefits

Solo parents have the right to avail of housing benefits under the law. This includes allocation in government low-cost housing projects and more liberal terms of payment on such housing.

Livelihood Development Services

To help solo parents enhance their employability and earning potential, the government offers livelihood development and skills training. It includes access to seed capital or materials, technology transfer, production and management training, and marketing assistance.

How to Renew Solo Parent ID

Renewing a Solo Parent ID is a straightforward process that you can accomplish by visiting the Department of Social Welfare and Development (DSWD) office in your municipality or local government unit (LGU).

The Solo Parent ID is valid for one year, and it’s essential to renew it upon expiration to continue enjoying the benefits it offers.

Here are the steps to renew your Solo Parent ID:

Visit the DSWD Office

Go to the DSWD office where you initially applied for your Solo Parent ID. If you’re unsure where this is, you can visit any DSWD office, and they should be able to guide you.

Submit the Required Documents

Just like the initial application, you will need to submit certain documents for renewal. These typically include a filled-out application form for renewal and a valid government-issued ID.

Wait for the Evaluation Result

After submitting the requirements, the DSWD office will evaluate your renewal application. The duration of this process can vary, so it’s best to ask the DSWD office for an estimated timeline.

Claim your Solo Parent ID

Once approved, you can claim your renewed Solo Parent ID from the DSWD office.

Remember, each DSWD office might have slightly different requirements or processes, so it’s always a good idea to call ahead or check their website for the most accurate and updated information.

Wrapping Up!

Renewing your Solo Parent ID is an important step to ensure you continue to receive the benefits provided to solo parents. The process involves visiting the DSWD office, submitting the required documents for renewal, waiting for the evaluation result, and then claiming your renewed ID.

A key point to remember is that the Solo Parent ID is valid for one year and must be renewed at the DSWD office upon expiration. Also, keep in mind that specific requirements or processes may vary slightly depending on the DSWD office, so it’s recommended to check with them for the most accurate information.

FAQs
How do you qualify as a solo parent?

To qualify as a solo parent, you must be the sole caregiver for your child or children due to reasons such as the other parent’s death, absence, incarceration, or if you have sole custody of the children due to legal separation or divorce.

What is the difference between single parent and solo parent?

A single parent refers to a parent who is not married or is divorced and has primary responsibilities for the child. A solo parent, however, is fully responsible for all parental duties due to the other parent’s complete absence.

How much is the monthly allowance of a solo parent?

In some regions, solo parents who earn a minimum wage are entitled to a cash subsidy. For example, in the Philippines, solo parents can receive a monthly cash subsidy of Php 1,000, provided they are not beneficiaries of any other government cash assistance

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How to Get Your Solo Parent ID

Hey, Peeps! Are you a solo parent in the Philippines? Wondering how to acquire a valid single parent id and get its benefits? Don’t you worry, we’ve got you covered.

The Solo Parent ID is important as it offers lots of benefits. And every single parent in the Philippines should have one.

Applying for a Solo Parent ID may seem complex, but with the right guidance, it’s simple. We understand that as a solo parent, you face unique challenges. That’s why we want to help you through this process. From understanding who can apply to knowing what paperwork you need, we’ll guide you at each step.

In this guide, we’ll explain what a solo parent is according to Philippine law, why a Solo Parent ID is beneficial, and how to get one. By the end, you’ll know exactly how to apply for your Solo Parent ID in 2023. Let’s start!

What is a Solo Parent ID?

A Solo Parent ID is an official identification card given by the government to single parents. This card is more than just an identification document – it’s an acknowledgment of the unique challenges solo parents face and the extraordinary role they play in raising their children single-handedly.

The Solo Parent ID serves multiple purposes. It’s a valid form of identification that can be used in all official transactions, both in government offices and private institutions.

But more importantly, it opens up a world of benefits and privileges designed to provide financial, educational, and medical assistance to solo parents. These benefits aim to ease the burden on solo parents and help them provide a stable and nurturing environment for their children.

The Solo Parent ID is valid for one year from the date of issue. However, it can be renewed annually so that solo parents can continue to avail themselves of the benefits associated with it.

RA 11861 or the Expanded Solo Parents Welfare Act: Important Things to Know

Republic Act No. 11861, better known as the Expanded Solo Parents Welfare Act, is a landmark legislation that significantly enhances the support provided to solo parents. It is an act is actually an amendment to the earlier Solo Parents’ Welfare Act of 2000, expanding the scope of benefits and privileges available to solo parents.

The Expanded Solo Parents Welfare Act recognizes that solo parents face unique challenges that require tailored solutions. As such, the act provides a comprehensive package of services to address these needs, ranging from livelihood assistance to educational grants and medical discounts.

It mandates government agencies and private entities to extend certain benefits and privileges to solo parents, making it easier for them to fulfill their parental responsibilities.

Who are Considered Solo Parents?

The term “solo parent” may seem straightforward, but it encompasses a wide range of situations under Philippine law. It’s not just about being single and having children. The law provides a much broader definition that includes various circumstances.

A solo parent could be a woman who becomes a parent as a result of rape. It could also be a parent left with the sole responsibility of parenthood due to the death, abandonment, separation, or disappearance of their spouse for at least one year.

The law also considers those left to care for children due to the physical and/or mental incapacity of their spouse as solo parents. Further, those who shoulder the parental responsibilities alone due to the dissolution of marriage are recognized as solo parents. And in a more inclusive understanding of the term, individuals who play both parental roles to a child or children with special needs are also considered solo parents.

The definition acknowledges that solo parenting can come about due to a variety of circumstances, each with its own set of challenges.

What are the Requirements for Solo Parent ID?

The Solo Parent ID is an indispensable tool that unlocks a range of benefits designed to help solo parents in their journey. However, obtaining this ID involves meeting certain requirements and following a specific process.


Here’s a detailed guide on what you need to prepare:

1. Filled out Application Form

The first requirement is a duly filled out application form. The form, available at your local social welfare and development office, asks for personal details, information about your children, and your circumstances as a solo parent.

2.  Proof of Financial Status

You will also need to provide proof of your financial status. It can be in the form of income tax return documents, pay slips, or any other official document that verifies your income level. The purpose of this requirement is to assess your financial capacity and determine the level of assistance you may need.

3. Proof of Solo Parent Status

The requirement is crucial and requires evidence that verifies your status as a solo parent. It could be a death certificate if you are a widow or widower, a declaration of nullity of marriage if you are annulled or separated, or a medical certificate if the other parent is incapacitated.

4. Birth Certificate(s) of Child/Children

You must submit the birth certificate(s) of your child or children. It serves as proof of your parental status and helps in determining the appropriate benefits based on the age and number of your dependents.

5. Barangay Certificate

A Barangay certificate is required to confirm your residency and circumstance. This document should certify that you are living in the area and that you are indeed a solo parent.

6. Personal Appearance

Finally, your personal appearance is required when submitting these documents. This allows the social welfare officer to assess your situation personally, clarify any queries, and verify the authenticity of your documents.

Remember, every solo parent’s situation is unique, so additional requirements may be asked depending on your specific circumstances. It’s always best to check with your local social welfare and development office for the most accurate information.