1. Kids
2. Young adults
3. Adults
Likewise , it covers the following 5 custom-made aspects of Financial Literacy as seen fit by the Azaland Project: tagged The 5 Smarts.
1. Earn Smarter
2. Spend Smarter
3. Bank Smarter
4. Invest Smarter
5. Risk Smarter
Looking critically, these 5 Smarts cover everything about financial literacy both on personal and business levels. For example:
ES: this touches all aspects of earning or making money is ways that are guided by financial literacy knowledge and skills. It sharpens enrollees' sense of value of their time, what kinds of employment make sense, how to make more money and more. As fundamental knowledge, it will inculcate what money is, its characteristics and uses so that the student could understand money better.
SS: Spending is a critical aspect of the application of money knowledge. Poor Spending has thrown many into financial abyss. Whereas, Smarter Spending, allocation of money being a scarce resource, guided by budgeting, with clear financial goals set, will help propel anyone to greater level of financial, thus making better money (spending) decisions each day.
BS: Banking covers many aspects including saving, loans (debts), account operations, banking products like accounts, cards, apps and much more. This module will brighten enrollees' understanding of these modern banking concepts, their implications, bank charges, interest rates, and so much more. This will also cover regulatory aspects of money management like taxation and KYC.
IS: Investing is key. This module will expose students to all concepts of Investing and basics of entrepreneurship. It will xray the dynamics of various types of investments and risk implications.
MRS: Proper risk management will help cushion against loss. This module covers insurance, retirement, emergency savings and so much more.
This is just an intro into what Azademy is bringing on board.
Apart from the knowledge-first approach, a lot of practical role plays and projects are incorporated.
You can't wait to experience Azademy!
Its a school established to sharpen your financial literacy!
