We make students learn about how to save and invest for future. We make students aware about money management and banking through our quick, easy and interactive course.
8. How to tackle rising prices! What is Inflation #%&@
These Bank people always fool me! Wish I had more knowledge about it!
I always find myself in “Income < Expenses” situation. I need Budgeting lessons.
When is the right time to `etire? How much money should I accumulate?!?!
Where should we Invest?
10. Our child doesn’t value money!
Our child’s expenses are rising heavily…
Our child demands items out of “peer-pressure”.
Pain-Points for Parents’
11. Can my child be more responsible towards money? Is there any way to make him learn about money? Will it be possible for him to sponsor his own future education?
15. What is
An engaging and interactive learning course on ‘Financial Literacy and Money Management’. Learners’ Group: 5th – 10th Grade students. Students to not just learn about basic financial concepts, but also, will be assisted to implement in their daily lives as well. Syllabus for the course is designed on the lines of ‘Reserve Bank of India’s Guidelines on Financial Literacy’ for school students. Focuses on a student’s FQ (Financial Quotient).
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16. Why
Managing your money requires skill & knowledge. It’s not a one-time exercise, but a habit. Why not harness it at an early age? No matter whichever career the students choose, managing finances will be a common task. Financial Literacy among the students will help them to understand the value of money and the benefit of delayed gratification. You don’t want to be a victim of the following:
a)‘Misselling’ of Financial Products
b)Lack of awareness of Investment avenues.
c)Holding idle-cash; leading to no income.
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17. How will we do?
Curriculum
•A 20-hour course for each grade.
•Topics to include Budgeting, Inflation, Investment, Banking, Behavioral Finance, etc
MyWallet Passbook
•Every student to get a ‘MyWallet’ Passbook which will help them record their daily monetary transactions.
•This will enable them to reflect upon their pattern and behavior towards expenses.
Assessment Test
•An assessment test for all the students (pre-sessions and post-sessions)
•Feedback to be given to parents about the students’ FQ.
18. ‘myWallet’ Passbook
Kids to track their expenses and savings on daily basis.
Expenses can be classified as a need or a want by the kids.
In order to involve the parents, they are required to sign. everyday against the savings amount.
After a while, it will help the kids will be able to analyze their spending behavior.
19. The End Result
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The kid will become more responsible and accountable towards ‘Money’. The kid will inculcate a new skill and will put it into use for a good purpose. The kid will generate some quantum of funds, which he can either use it for his future education, invest for regular income, or use for any other purpose. A break from regular subjects and a chance of learning something beneficial for him in the future.
20. Learning Pedagogy
Lecture
Reading
Audio-Visual
Demonstration
Discussion Groups
Learning by doing
-- THE LEARNING PYRAMID --
21. Frequently Asked Questions (FAQs)
Can a 5th grade student understand this stuff?
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Warren Buffet says “I made my first investment at age 11. I was wasting my life up until then”.
Just like other subjects; viz.; Science & Maths, Money is an important subject too. Plus, it’s no rocket science. It also needs to be encouraged at an early age.
Won’t the kids anyways learn about Money when they grow up?
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Yes they will! But the question is whether you want them to just learn or learn the right way?
Even grown ups are not comfortable in managing money. Hence, we are victim of mis-selling when it comes to financial products. We hire professionals who in return charge heavy price.
22. How will the kid benefit from this course?
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The kid learns about the value of money, power of investment, and most importantly, the responsibility and confidence to manage his own money! Through ‘myWallet Passbook’, the kid keeps a track of his daily expenses which, in the end, makes him understand his behavior towards money.
Won’t this course add additional pressure on the kid?
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Absolutely not! The course is designed taking the students’ schedule into consideration. Plus, the course involves case studies which the students can easily relate to. So it will be fun, engaging and interactive! And, the best part is ‘No Homework’!
23. Contact Us
Vinay Gada
+91-8286605940
vinay@thoughtinmotion.in
Yash Ghelani
+91-9619246834
yash@thoughtinmotion.in