Today managing finances is not difficult, if you have the right skills, strategies, or knowledge then you can achieve all your financial goals easily. And if you begin to comprehend this financial terminology as a child, you will be able to manage your finances with ease as an adult.
As it is extremely difficult to change the financial behavior of adults. They may not have time for financial literacy programs and understand financial terms. They are busy with their own life, full of stress and responsibilities.
Working with children and teenagers, however, provides the chance to make an impact while they are still creating their habits and acquiring crucial socio-emotional skills that result in more responsible financial conduct. Because if they begin early, they will subsequently be able to make the right judgments and will quickly achieve financial independence.
That’s why governments and non-profits around the world are increasingly supporting financial literacy programs designed for younger people. As a result of this training, they are equipped with the information and abilities necessary to manage financial difficulties and emergencies as they may arise. The kids become more responsible and independent as a result. When they become adults, they are able to make good judgments for their future in addition to taking care of themselves. Consequently, starting a program to promote financial literacy is the best course of action.
Tomorrow's adults will be today's young adults. Therefore, concentrating on raising their level of financial literacy, supplying them with adequate, formal savings products, and encouraging healthy saving habits may promote financial equality and have positive effects on society as a whole for a very long time.
For the benefit of both adults and children, many financial institutions or advisors have started financial literacy programs. There are numerous programs available on a digital platform, so pick the one that appeals to you the most. To better manage your funds, you can also try the GuardianWealth financial literacy program.
OVO - Company financial technology or fintech payment OVO product launches financing Micro, Small, and Medium enterprises or SMES named DanaTara.
Based on BPS data, the contribution of SMES in GDP has already reached 60% and absorb 97,22% of the workforce nationally.
However, the penetration of financing in SMES is still low.
The low penetration of financing influenced by the limited access to financial services and financial literacy are not evenly distributed.
(Read: Grab Will Browse the Insurance Market to Finance in Indonesia in 2020)
DanaTara already available for the activists of the SMES that are incorporated in the e-commerce platform such as Tokopedia, Lazada, Shopee and BukaLapak.
Unfortunately, none of us have been taught about managing money and saving in schools, but what we are taught is trigonometry!
Having knowledge and skills to manage finances in an accurate manner once the college is over and amateurs are all set to begin with their work responsibilities is crucial.
To know more about what Luna does, don’t go anywhere and keep reading!
The app is currently free to download; however, the owners are planning to change it into a subscription-based model along with premium features.Lune sounds like a complete package of convenience to us.
Undoubtedly, technology has made it much easier for us to order food, shop, and do other activities, which traditionally required physical presence.
Talking about money management apps, it is an incredible initiative that’ll help people with financial planning.
