Methodology/Technique-The study examines 150 young working adults between the ages of 18-35 years old, working in accounting firms in Malacca, Malaysia. Hence, this research intends to explore the personal financial literacy of young adults in Malaysian accounting firms. This will have an impact to their lifelong financial well-being. According to Wolla (2017), less than one-third of youths have basic financial knowledge. High financial knowledge may encourage young adults to carry less debt, increase their wealth and have a better financial retirement plan. This lesson serves as an introduction to financial education and provides an A-Z collection of keywords, fun facts and engaging discussion questions.Īdditional Information: It is highly recommended that this resource is downloaded with our other SLEducation Financial Literacy – Financial Literacy A-Z resources.Objective-In the twenty-first century, financial competencies are an essential tool in understanding the connection between financial behaviour and knowledge of individual financial problems. As teachers, it is important that we equip young people with the tools they need to be financially independent. Student loans, flex culture and lack of awareness on this subject, unfortunately makes room for many young people to fall into financial turmoil. It is important that young people have a good understanding of financial literacy, as it can prevent them from making poor financial decisions, and can encourage them to help them manage their money better. Topic: Financial literacy is the understanding of saving, finance, credit and debt management. This resource is aligned with components from the PSHE Association Programme of Study. Downloadable PowerPoint Presentation ready to use in your classroom!
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