What is Financial Education?
Financial education simply means having the ability or knowledge to make a financially responsible decision.
Importance of Financial Education
Financial education or financial literacy is becoming very important for individuals and families, especially those with limited income. When you are a student, graduate, a professional or a parent, learning how best to balance budgets when making decisions like:
- Pay students loans and bills
- Buy a home
- Fund children’s education
- An income before and during retirement.
As there is an increase in the cost of living, austerity measures cap on benefits/allowances etc, people and families are having to make tough money choices daily. Most people lack the ability and knowledge to make informed and better financial decisions. Individuals and families are obliged to make financial decisions without having the right training to companies or financial demands.
“Our attitude towards is perhaps the biggest barrier to effective money management, ability to save money and acquired financial security and freedom.” – Aloysius Y Fontama.
It is our mission at A&F Tutors to level the playing field. We do this by using tried and tested techniques to help young people, adults and professionals. We change their negative attitude towards financial issues to a positive one through, customised personal development programs.
We use workshops, 1-2-1 mentoring sessions, reflective practice, online sessions, personal development books alongside customised activities to help children, young people, adults and professionals bridge the gap between financial theories and practice by
- Teaching them about why and how to save and what percentage to save
- Teach them about the importance of compounding in acquiring financial security
- Impact of borrowing on individual/household finances
- Types of financial risks and fraud related money issues and how to protect yourself
Are you a student who wants to buy a house using your student maintenance loan?
Do you want to learn how to make money, keep money and invest money?
Do you want to invest in the Stock market?
Please do not hesitate to contact us on our ‘Contact Us’ form to find out more information on how we can support.