Empowering the Next Generation with Financial Education and Entrepreneurship Training

In deciding the overall educational needs of children, we often tend to ignore the importance of imparting a real life skills. Schools are doing great job in transforming the children into literate individuals. Good education opens the doors of brilliant career opportunities and helps them earn good income.  Majority of them enter the real world with excellent earnings, but unfortunately, without the knowledge and skills to manage their earnings prudently.

In today’s fast-paced consumer society, financial literacy is an essential everyday life skill. It means being able to understand how the money works, how someone earns, how a person manages it, how he/she invests it to multiply and how that person donates it to help others. It is regrettable that neither schools nor parents spend any time in teaching children the fundamentals of money management and personal finance. It becomes more essential to develop good money habits and money management skills to our teenagers during their high school level, because, this is the time they start developing strings of habits and are exposed to peer pressure and the outside world.

This basic financial education will enable the students to understand better and learn more and more in the coming days from other sources to further expand their financial knowledge before they start earning. Telling our children to act sensibly and responsibly might be a tall order, if we have not inculcated good money habits early on. Hence the best and most meaningful gift we can give our child is the gift of financial literacy. 

Students learn the knowledge, skills, and processes required to make sound financial decisions and manage their own personal finances. The lessons and workshops engage students in critical thinking, problem solving, and decision-making. 

Total Number of Sessions: 10 X 2 Hours
Through this course students will be able to learn,

  • Good money habits
  • Good and bad financial conducts 
  • Process of Money Management 
  • Preparing a monthly budget 
  • How to spend wisely 
  • Understanding the difference between Needs and Wants 
  • Basic money concepts 
  • Effects of Inflation 
  • Assets and Liabilities 
  • Good debt and Bad debt 
  • Difference between Saving & Investing 
  • Why to Invest?
  • Risk vs Return
  • Importance of generating Passive Income 
  • Investments in Banks, Bonds, Real Estate, Insurance
  • Stock Market, Mutual Funds
  • Commodities –Gold
  • Business and Entrepreneurship 
  • Classification of Investments 
  • Portfolio Creation and Asset Allocation 
  • Tools for Wealth Creation 
  • Power of Compounding 
  • Power of Leverage and Other People’s Money (OPM) 
  • Personal Financial Planning 
  • Basic understanding of Economics 
  • Globalization, Emerging Market Economy 
  • Indian Economy and etc.

This course is proposed and designed to provide basic financial education to students before they step in to the real world of managing their earnings.