Financial literacy makes it okay for us to make small or big mistakes. On the other hand, being financial illiterate only makes those mistakes dire and regrettable.
CBSE has taken an initiative to sensitize teachers on the basics of Financial Literacy and the use of Digital Tools that are relevant in the current scenario. The session focused to create awareness about basic financial planning, how to avoid falling prey to phishing and cyber frauds, etc. This helped educators stay updated to plan their future in a better way and also disseminate their learning and extracted experience with the students so that they deal with the finances vigilantly. This initiative is part of Activities related to Investor Education and Awareness Initiative in terms of SEBI (Mutual Funds) Regulations, 1996.
The session was conducted in Salwan Public School Mayur Vihar III which is the lead collaborator school of Hubs of Learning. Teachers from different member schools of Delhi participated by registering themselves through the link provided by CBSE. A total of 92 teachers had participated.
The session was headed by CS. Mr. Gaurav Munjal. The session began by welcoming the guest speaker and the participants. Our Director, Brig. A.K Tyagi felicitated the guest speaker.
The key takeaways for the teachers were:
- Importance of SIPs/ shares/ mutual funds
- Investment and importance of life insurance and term plans
- How to deal with funds and finances
- Where and where not to invest
- Cyber Fraud and phishing
The real-life experiences and anecdotes made the session interesting. The session was interactive throughout. The teachers actively clarified their doubts and got satisfactory answers