FINANCIAL LITERACY
Budgeting
Teaching individuals how to create and manage a budget to track income and expenses.
Banking and Financial Institutions:
Educating about different types of bank accounts, services offered, and how to choose the right bank.
Credit and Debt Management:
Understanding credit scores, debt management strategies, and responsible borrowing.
Investing
Introducing the basics of investing, different investment vehicles (stocks, bonds, mutual funds), and the concept of risk and return
Taxes
Providing knowledge about taxation, understanding tax forms, deductions, and tax planning.
Financial Planning
Long-term financial planning, including retirement planning, saving for major expenses, and setting financial goals
Consumer Awareness
Teaching about consumer rights, avoiding fraud, and making smart purchasing decisions.