The students have learnt multiple aspects in the course of their focus on financial literacy in the school and setting up the club to further the cause
An organisation formed by students of Canadian International School (CIS), Bangalore is educating people about financial literacy. The International Club of Financial Literacy (ICFL) is teaching participants to make informed decisions regarding investments, savings as well as spending. Considering that these are all key factors in determining quality of life and financial security, it is extremely beneficial and important to understand how these aspects of life are interdependent as well as how they impact the life of people. The International Club of Financial Literacy is creating awareness on these issues – the participants include CIS non-teaching staff, locals from neighbourhood and other community members.
The students have learnt multiple aspects in the course of their focus on financial literacy in the school and setting up the club to further the cause. The International Club of Financial Literacy members believe that insurance plans, making investments and saving money seem mundane, but, in reality, many people do not have the privilege to do these seemingly simple things which are crucial in securing a stable future. Not making these decisions limits their quality of life that may continue for future generations too. During this initiative, CIS students also learnt a lot about what goes into organising events for teaching, creating a website, coordinating with various departments of the club in order to achieve a common goal, networking and other aspects.