Cash-strapped teachers learn lesson of good economics | Bangkok Post: news

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Cash-strapped teachers learn lesson of good economics

New scheme aims to help the country's indebted educators take charge of their finances

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Niyom Tongnameang is one of a million teachers who are struggling with debt. 

But after joining a programme designed to help teachers oversee their finances, Mr Niyom has learned how to manage his debt while also increasing his savings.

Mr Niyom, a teacher at Wat Don Yor School in Nakhon Nayok's Muang district, said he earns a monthly salary of 15,000 baht, but has to pay about 12,000 baht each month in installment payments for his car and student loans.

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