Financial Awareness Workshop by TopperLearning - What is it and Why is it Important?

Do you keep track of your earnings and outlays? Do you keep track of your spending? Do you give your kids pocket money and include them in household chores? Do you keep an eye on where your children spend their pocket money? Have you ever let your children handle your monthly grocery budget?

Take a minute to consider the inquiries. Do you recognise something? Yes, having a solid grasp of money and learning how to manage it at a young age is a crucial life skill.

What is financial literacy?

Financial literacy is the ability to understand and use financial concepts and use these as skills to make informed decisions. It includes knowing how to manage money. How much money should one have for daily needs and in case of emergencies? What other options should one have to manage money effectively? 

Why is financial literacy important?

Financial literacy is essential, especially from an early age, as it shapes financial decision-making skills, which are very important to acquire.

It helps to-

• Take informed- decisions
• Be financially independent
• Stay less stressed
• Protect from fraud and scams
• Achieve various financial goals
• Build wealth

What are some essential financial literacy skills?

As we all know, managing money is a skill that helps make informed decisions. One should also know about budgeting, saving, investing, understanding credit, protecting assets, managing debts, tax planning, retirement planning, etc.

Can children and teenagers benefit from financial literacy?

Absolutely! Being financially literate, they can

• Learn how to budget and save money.
• Understand the difference between savings and investments.
• Learn about credit and how to use it responsibly.
• Learn about the importance of insurance.
• Know about the importance of saving for retirement.

Can financial literacy help me achieve my financial goals?

Yes! Financially literate people can

• Set realistic financial goals
• Create a practical budget
• Help to invest money wisely
• Help to avoid debt traps
• Protect their assets much better than others.

In what ways can TopperLearning help with this mission?

Join TopperLearning for an online session led by a qualified financial expert to thoroughly understand this crucial skill necessary for students, teens, and young adults.

Contact us to know more.

FAQ’s

Q 1. What will I learn from these Financial Awareness sessions?

Ans: One will understand the importance of money and ways this can be managed from an early age.

Q 2. Do I need to have any qualifications to enroll in these sessions?

Ans: You need to be determined to LEARN! No set qualifications are required. You only must register and subscribe.

Q 3. What is the timeline for completing the sessions?

Ans: There are three batches of 2 Live sessions each on financial awareness with engaging activities, assignments, and e-booklets.

a. Batch 1 – 11th May and 15th May

b. Batch 2 – 18th May and 22nd May

c. Batch 3 – 25th May and 29th May

Q 4. Do we get any extra sessions/help after completing the sessions?

Ans: You will get access to recordings and 1 week of support for the activities and assignments to submit.

Q 5. Will there be an exam at the end of the session?

Ans: There will be no exam, but the sessions will be engaging, and activities and worksheets will be given afterward. 

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