On 25th March 2023, with the support from Student Engagement and Leadership (SEAL), Taylor’s Community and Taylor’s AKPK students initiated an educational talk on Financial Literacy called Cents of Wealth. A total of 24 refugee students from our beneficiary schools, MON and GHALC joined this program in Taylor’s Lakeside Campus to acquire knowledge on financial literacy. The participants learned about the importance of saving and earning money as well as budget planning. The participants began the class with a 70% understanding of Financial Literacy and ended the sessions with 88% of the knowledge received.
The module was conducted by AKPK students, Ed Idris and Ching Nam. Ed conducted the saving & earning money module, while Ching Nam led the budget planning module. The participants agreed that the most important factors to save money were Protection (75%), followed by Financial Goals (70.8%). They also learned the importance of planning their budget more effectively by understanding the differences between needs and wants. This method will instill a good habit in managing their finance by knowing what to spend and when to save money.
Moreover, the participants also had the opportunity to participate in activities and games carried out by AKPK such as Quizziz and Pictionary. At the end of the program, 10 lucky winners were chosen by AKPK, where the participants were rewarded based on their active participation during the activities and who scored the highest on the quizzes. The winners each received an RM60 AEON voucher for their efforts throughout the program. All the participants also received a gift bag that contained items such as a calculator and a money-saving box. They enjoyed the program and 100% agreed that the program was helpful for their future.
Thank you AKPK and your team for your amazing efforts in ensuring the program went well! Other thanks to SEAL for your continuous support and contribution to making this program a success! Taylor’s Community is looking forward to collaborating with you in the future program!
