Financial Wellness Assembly Talk

Description

“Hey, remember me? Your classmate from our school days…” “Get a free deal now and you just need to download an app to pay for the delivery fee” “Calling from DHL, DBS Bank, ICA, Post Office that requires your immediate attention” In an age of easy access to credit and complex financial products, financial literacy acts as a shield against predatory practices such as investment and love scams. It fosters a critical mindset, encouraging individuals to evaluate financial options and avoid falling victim to fraudulent schemes. Financial literacy promotes responsible money habits, teaching the young on how to live within their means, save for emergencies, and invest for long-term goals like education, homeownership, and retirement. It also instills a sense of confidence and independence, enabling them to plan for their future and make sound financial choices. Understanding concepts like budgeting, saving, investing, and managing debt empowers young people to navigate the complexities of the modern financial landscape. It is getting more urgent to understand the importance in handling our finances as the cost of living is soaring. Learn to differentiate between needs and wants, ways to turn our home into an asset class and how to save for rainy days with the power of compounding. Additionally, financially literate individuals are more likely to contribute positively to the economy. They are better positioned to create wealth, invest in businesses, and support their communities. Make all you can, save all you can, and give all you can - it is more blessed to give than to receive. Join us for the Financial Wellness Assembly Talk, an engaging and informative session designed to boost your financial literacy and overall well-being. This talk covers key topics such as budgeting, saving, investing, investment discernment and managing debt.