Financial Education will soon be taught in schools
Tuesday, 29 October 2024, 10:32 am
Assembling the blocks to build a savings culture in young minds had started.
The two-week Financial Education Content Alignment and Development Workshop will draw up teacher resource books and student activity books for preparatory to grade 6 students.
Funded by the Centre for Excellence in Financial Inclusion [CEFI] and facilitated in collaboration with the Department of Education [DOE]- Curriculum Development Division [CDD].
Twenty-five participants are primary school teachers, DOE-CDD curriculum officers, and CEFI staff are meeting in Port Moresby.
This workshop is a crucial step in integrating financial education into the national curriculum.
Participants are engaged in discussions and content writing, to create high-quality educational resources that cover important financial topics like savings, budgeting, banking services, debt management, investments, and insurance.
These resources aim to promote informed decision-making and improve students' financial awareness from an early age.
A follow-up workshop will be held before the year ends to develop resources for Grades 7-12, focusing on advanced topics like investment, superannuation, and retirement.
CEFI Executive Director, Mr. Saliya Ranasinghe, reminded participants that it is now mandatory for all Papua New Guinea students to undergo financial education in schools.
CEFI Deputy Director Mr. Peter Samuel encouraged participants to be "game changers" who will drive a positive impact for the next generation, stressing the importance of changing mindsets to prepare students for the future.
This workshop marks a significant step in embedding financial education into the education system to prepare young minds to become financially responsible adults.