Private sector Programmes - Malaysia: Living Free with Effective Money Skills, Abacus For Money

Programme:

ABACUS LIVING FREE WITH EFFECTIVE MONEY SKILLS

 Malaysia

Date of creation: 2005

Sector, Sponsor,  Responsible body(ies):

Private sector: The Abacus For Money team of Kuala Lumpur, Malaysia, is made up of financial professionals.

Audience/Coverage:

For General Public, Women, SME & Entreprenuer, Vulnerable and Undeserved.

Corporate Human Resource Development Training program for employees

Public workshops for matured adults, working executives, business owners, parents, retirees.

Pre-retirement & post-retirement education program for employees.

Staff Retrenchment program.

Tools & Programmes:
Workplace

In the "Abacus Living Free with Effective Money Skills" workshop, the facilitators will help the staff to understand his or her financial personality in order to manage personal financial emotions and thoughts. At the same time, they coach the staff to reclaim the importance of taking ownership of money, leading down the path to financial freedom.

In this workshop, the participants will learn:
• How to discover their financial behaviour and emotions towards money
• How to understand their personal money management process and financial skills
• How to evaluate their personal spending habits and debt management skills
• How to analyse their financial strengths, weaknesses, opportunities and threats
• How to create their personal financial philosophy and practical financial disciplines
• How to manage their cash flow, credit card debts and loans
• How to calculate their retirement fund as their lifestyle and living needs change
• How to protect their assets and manage their financial risk as they age
• How to make sound spending or investment decisions
• How to create their Personal Financial Plan in line with their career goals.

See: http://www.abacusformoney.com/corporate-training.htm

Description (Aim & Needs):

This corporate financial training program brings value to each and every employee in realizing the importance of understanding their relationship with money. As each employee works to earn a salary, they must learn effective ways of managing their take-home pay to meet their living requirements for both themselves and their family, as well as be able to establish funds for their children's education and a comfortable retirement.

Employees will be participating in group activities and experience hands-on exercises that will:

• Develop their self-realization towards their relationship with money
• Create a caring bond with peers and superiors
• Enhance their lifestyle and work environment
• Reduce stress and work to achieve their career goals
• Improve work effectiveness

Assessment of Financial Literacy/Capability:

n.c.

Evaluation of the Programme:

n.c.

Resources/Available Material:

‘Smart Money-User’ book and ‘Money Rules’ book.

Weblink:

www.abacusformoney.com

Contact:

Carol Yip
Founder & CEO
Abacus Advisory Sdn Bhd
Suite 305, Block E, Phileo Damansara 1
9 Jalan 16/11 (off Jalan Damansara)
46350 Petaling Jaya, Selangor
Malaysia
Mobile phone Malaysia: 012 208 5090
Phone international: +60 1 2208 5090
Email: info@abacusformoney.com
Skype: carolyipkairong