The 1st bath of YUM's Financial Literacy students
Not many people realize the importance of financial literacy. This condition applies not only for youths but also for adults. There are many cases related to financial schemes and crimes that happen almost every day. Therefore, knowing how to use and manage money is an essential skill to have since an early age. Improving the skill of financial literacy can prevent people from falling into financial traps. With the kind support from ONE Championship and LU-Global, YUM was able to run our first Financial Literacy Workshop for some of the youths attending the Vocational Training Centre (VTC). The aim of this workshop is to increase understanding of the basics of financial management and entrepreneurship for young people.
There were 21 participants in total that were enrolled in this workshop and most of them were already active as YUM’s VTC students. The class was designed for them to be proactive. Each session consisted of personal reflection, writing, group discussions and presentations. At the end of the course, the participants worked on small exercises such as drafting a simple business plan. The students were very enthusiastic throughout all the sessions. In regards to the long-term impact, YUM hopes that the participants will be able to apply what they learned to help themselves, their family, and their surrounding environment.
YUM has been very fortunate to have immense support from generous individual donors as well as kind organizations. Considering the enthusiasm of the participants, YUM is very interested to see this kind of training continue in the future.
The tutor explaining how to use the module
The tutors help the participant to fill the module
The tutor explains about the module 2
The tutor explain about banks and its products
The Ice breaking session