2. About us Kids Financial Networks is dedicated to teach basic financial concept to Kids, Teens and college student. Our mission is to empower kids and teens to be RESPONSIBLE for themselves and live a problem free life. We have develop a short term interactive educational program to teach kids and teens about money. Currently we are conducting this session for age group 10-15 year old and soon we will start for age group 5-10 year old and for young adults.
3. Need of this course Financial literacy refers to the set of skills and knowledge that allows an individual to make informed and effective decisions through their understanding of finance. Financial Literacy is important to help individuals to meet their life’s goals and objectives Many of the children nowadays look at money as something for buying things. Financial literacy means understanding Money management, expenses, savings, budgeting, banking, spending and Investment etc. Financial literacy gives your child a life skill which helps them to take prudent financial decision later on in their life. As kids grow into teenagers they develop strong habits of spending. Teens due to peer pressure they would want to buy mobile phones, gadgets, branded clothes and do many things that their friend are doing so like other educational program financial education must be given to any individual at early age.
4. Syllabus Following topics will be covered in the session Basic Financial Terminology Money Banking Savings Salary and Basic tax planning Investment Insurance Personal Finance Entrepreneurship
5. Topics Covered To know why financial education is so important, learn basic terminology which will be used during the whole session To learn about money and what you can with money. To know banking process, various function of bank. What is budgeting? Why it is so important? How to make your own budget worksheet? Goal setting, Time value of money, Compound interest, Rule 72 and 114, Inflation Salary and its related information and knowledge about taxes. Basics of investment, Share market, mutual funds and its assessment. Basics of insurance, Different type of insurance. Different product for saving, Post office saving, PPF, NSE etc Business planning, Different types of company
6. Learner Course Duration- 10 to 15hrs Time – As per your convenient Place – At your home Medium of learning- The course will be conducted in English. Study Material- Learner will get print material.
