Financial Literacy

“Teaching kids to count is fine but teaching them what counts is the best.”

If you look around, parents and teachers focus a lot on teaching mathematics — they send kids to Vedic Math and Abacus classes to enable them to have numbers at their fingertips from a very young age. Amidst all the subjects and extra coaching we provide, we should never forget to give them an important life skill — financial literacy. Many of us probably pay our children pocket money but we don’t realize that this is not teaching them about the value of money or how to manage it. They need to understand the power of money and the consequences of their decisions as to how they spend. It’s far better that they commit mistakes at a young age with smaller amounts than commit financial blunders when they grow up. It has been felt for long that the school graduates need to be more literate financially . As we are aware that in many parts of the world, Financial Education is imparted from class VI onwards. Keeping in view the emphasis of Government of India on development of employability skills, DCM YES School is attempting a paradigm shift in school education from pure academics to orientation towards skill development and employability and therefore, has introduced various courses like Financial Literacy under Skill Education Program.