Knowledge in Basic Money Management, financial transactions like bank account, cheque, loan, insurance, etc helps in daily life and living independently during higher education
How does it help in well-being? Helps mainly in money and finance matters so that one doesn’t lose money at the same time starts to build life savings
How does it help in Learning & Performance? Learning money, finance is useful to get a practical applications of Mathematica concepts learnt in schools
Key Skills
Money basics:
Basics of money & how it is used online & offline
Banking:
Types of accounts, their benefits and when to use them
Insurance:
Types of insurance, need for it and relationship to savings/retirements & family
Investments:
Types of investments, risks versus rewards
Borrowing:
Difference kinds of borrowing methods – loans, cards, etc
Online transactions:
Types of online transactions, tracking and safety guidelines
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