Private sector Programmes - Malaysia: Abacus Self-Empowerment Network (ASEN), Abacus For Money

Programme:

ABACUS SELF-EMPOWEMENT NETWORK (ASEN)

 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 the general public, women, vulnerable & undeserved, SME & entrepreneurs.

For small group of matured individuals who want to:
- solve financial issues, conflicts and financial troubles
- empower self to be financially successful.

Tools & Programmes:
Workplace

Groups of individuals come together regularly to share their financial issues and support each other by exchanging ideas and solutions to improve their financial life in a non-competitive, non-threatening environment.

Each session is facilitated by a qualified professional financial coach.

http://www.abacusformoney.com/group-coaching-ASEN.htm

Description (Aim & Needs):

Beyond this special combination of small group coaching, members have access to a financial coach who shares financial knowledge, information, advice and perspectives with the group in relation to the topic that is being discussed.

Some of the topics that have been discussed included:

1. What are the money mistakes that I have made or are making, and what can I do about it?
2. Can I afford to spend the money? If not, what can I do?
3. Financial infidelity: of a spouse, parent or partner
4. Starting over: life after divorce, separation or death of a spouse
5. Parents of a special child: financially readiness for the care of this child
6. Couples and money: how to communicate better to avoid arguments
7. Life after a business failure or bankruptcy
8. How to face a retrenchment and remain financially adequate
9. Some of the best practices in managing personal debts
10. What are young adults' financial grievances
11. How to survive better in times of financial crisis
12. How to survive a financial turmoil that is caused by a health crisis
13. How to say "NO" when a friend or relative asks for money
14. What are your daily struggles with money
15. How to get over something that still haunts you from your financial past
16. My expensive lifestyle - how can I manage to live within my financial means
17. Getting rid of bad habits such as gambling: how can I stop throwing away my money
18. Influenced by advertisements: how can I stop getting trapped by ads and spending money needlessly.

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