Private sector Programmes - Malaysia: Abacus Abacus Smart Money Kid, Abacus For Money

Programme:

ABACUS SMART MONEY KID

 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 and teachers as well as kids aged 6 to 12.

Tools & Programmes:
School Program

To impart kids the skills and knowledge that are crucial to achieving financial independence in their adult years, Smart Money Kid — the fun and creative education program developed a themed workshop called “Money & Me and being a Smart Money-User”, which addresses 3 core important learning components:

• My self-esteem and self-worth
- Why I am important?
- What is my self-worth to my family and cultural community?
 
• My life and money values
- Why my family and cultural community values are important?
- How money and its values help create my family and cultural community values?
 
• My worldview with dreams and vision 
- Why having good life dreams and vision are important to me?
- How can money make my dreams and visions come true?

To achieve the above objectives, Smart Money Kid — the fun and creative education program facilitators use unique features:

• Stage play — a fun and interactive manner to create memorable impact on the kids and teach them the importance of good money values in life 
• Creative teaching methodology and tools:

- Smart Money Kid workbook  — reinforces the money skills learned in the workshop and is theirs to keep and refer to when needed

- Art drawing  — helps kids to visualize and express their dreams and vision

- Handicraft  — teaches kids the importance of saving, using money wisely to achieve life goals and safe-guarding their life values and financial dreams.

http://www.abacusformoney.com/smart-money-kid.htm

Description (Aim & Needs):

Smart Money Kid, the fun and creative education program is a physical and mental activity workshop that is undertaken purely for enjoyment or amusement in teaching kids about money. It is a personal money skills educational workshop that teaches kids how to appreciate money and create good life values and money habits such as:
• Using money in a purposeful way to heighten their sense of accomplishment and recognition with meaning life values
• Being wise with money and not allowing money to lure them into doing bad to themselves, family and their community
• Using money within affordability of their financial means and capabilities to avoid getting into money trouble.

 
By teaching kids on the subject of money and money values at a young age, the Abacus For Money team believes that this workshop will give kids a head-start in life enabling them to grow-up to be money-wise adults.
The facilitators use fun and creative art and craft, interactive fun activities and play approach as the teaching methodology to moderate kids to create memorable impression of good money value and money skills.
This is because kid’s ability to learn and gain knowledge from their surrounding is most effective via fun and creative activities.
Smart Money Kid — the fun and creative education program will readily impress money values in young kids’ minds with play activities, art and craft and will generate reflexive responses via their hearing, visual, kinesthetic and touch senses through activities they see and hear, actions they participate in, art and craft they create.

Assessment of Financial Literacy/Capability:

n.c.

Evaluation of the Programme:

n.c.

Resources/Available Material:

Art & craft drawing materials.

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