KUALA LUMPUR, Aug 21 (Bernama) -- In the Council’s efforts to help youth’s in Malaysia acquire financial literacy especially during this Covid-19 pandemic, the Council’s My Money and Me programme, is being organised virtually through a multi-stakeholder approach. Our collaborators include the Securities Commission Malaysia, CGS-CIMB, Federation of Investment Managers Malaysia, Inland Revenue Board, Agensi Kaunseling & Pengurusan Kredit and Bursa Malaysia Islamic. Central to MFPC’s existence is collaboration, allowing the Council to map a way forward to fund these programmes. The Council is extremely pleased that this programme has the endorsement of the regulators and the support of Malaysia’s Ministry of Youth and Sports. In addition, the Financial Education Network (FEN) recognises the programme as one of the initiatives of the Government’s five-year financial literacy strategy. The slightly over 4-hour programme will enable prospective youths to be equipped with basic literacy knowledge.
The core objective of the programme is to help youths make better financial decisions, as data indicates youths in Malaysia lacks successful money management knowledge. MFPC is convinced that a course on managing personal finance will help improve their literacy levels and induce their confidence level. Importantly financial behaviour changes will be the only determinant for youths to experience financial well-being. The number of Youths in Malaysia is 13.9 million representing 45.8% of the total population and hence their money management ability will be an important factor of uplifting their quality of life.
http://mrem.bernama.com/viewsm.php?idm=37967
The core objective of the programme is to help youths make better financial decisions, as data indicates youths in Malaysia lacks successful money management knowledge. MFPC is convinced that a course on managing personal finance will help improve their literacy levels and induce their confidence level. Importantly financial behaviour changes will be the only determinant for youths to experience financial well-being. The number of Youths in Malaysia is 13.9 million representing 45.8% of the total population and hence their money management ability will be an important factor of uplifting their quality of life.
http://mrem.bernama.com/viewsm.php?idm=37967
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