Financial Literacy Program
The Asian Financial Crisis, the US 2008 Recession, and the Bangladesh Stock Market Crash of 2011. What do all of these have in common? These historical events show just how volatile economies can be, and they drive home an essential point: understanding finance is not just for investors or economists.
We engage in financial transactions daily, and though trillions of these transactions are made around the world, many of us are barely aware of the implications. Finance is not a remote concept; it has been integrated into our daily lives since the dawn of humanity. Yet, astonishingly, most educational institutions skip over this fundamental subject.
At Money Maker’s Academy, we aim to challenge the status quo by bringing finance education to the forefront. We believe that financial knowledge is necessary to navigate the vicissitudes of life. Our goal is to empower you with this knowledge, transforming complex financial concepts into accessible, practical tools that can be used every day.
So, this, in essence, is what the core of the financial literacy program at Money Maker's Academy is all about. We will delve into the dynamics of financial markets, the principles of personal and corporate finance, and the strategies that seasoned investors use to safeguard and grow their assets. Join us to demystify finance and gain the skills you need to thrive financially.
CHAPTER 1:
Introduction to Personal Finance
Chapter 1 introduces the basics of personal finance, teaching you how to manage money effectively. It covers key concepts like earning, spending, saving, and investing, explaining how these elements help you achieve your goals and make informed decisions. You'll learn the importance of budgeting and how to plan your money to cover needs, wants, and savings. The chapter also highlights the value of financial literacy, showing how understanding finance can boost confidence and help you avoid common mistakes like debt. Real-life examples and fun facts make the topic engaging, helping you apply financial principles to everyday situations.