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Buzz @ Beatty Semester 2 2018

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Sec 3 Financial<br />

Literacy Workshop<br />

22 October <strong>2018</strong><br />

Our Secondary three<br />

students went through a<br />

half-day financial literacy<br />

workshop which taught<br />

them basic concepts of net worth,<br />

assets, liabilities, investments and<br />

other concepts related to finance.<br />

The workshop equipped them<br />

with the useful skills of managing<br />

their money. Through playing<br />

the Pinnacle Life Challenge and<br />

taking part in an exciting “real-life”<br />

auction, the students experienced<br />

first-hand how the effective<br />

management of finances involves<br />

differentiating needs from wants,<br />

adopting the habit of saving early<br />

in life, delaying instant gratification,<br />

exercising smart spending, reducing<br />

debt and liabilities, and investing<br />

to grow their money. Together with<br />

the debrief sessions conducted at<br />

various junctures of the workshop,<br />

the trainers helped to consolidate<br />

the lessons learnt at each stage.<br />

The students had an interactive<br />

and fun time learning through play,<br />

and picked up useful concepts that<br />

will enable them to make sound<br />

financial decisions in the future.<br />

Pg. 12

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