Financial education is lacking in the Malaysian education system. More often than not, young adults start working life without much knowledge in managing their hard earned income. Invest two days of your time to improve your financial literacy so that it will prepare you for life. Learn to set realistic financial goals and put plans in place to achieve them and earn your financial freedom.
Objective of workshop
Learn how to manage money for life. Learn more about your take home salary, the nature of cash flow, income, expenditure, credit and savings. Set financial short term and long term financial goals and put plans in place to achieve them. Learn how to grow your savings by investing and the options for growth and protection. Participants will also be introduced to basic accounting concepts and financial statements.
Programme outline
Day 1 (Saturday)
Your take home pay and its components (EPF, SOCSO, net pay, taxes, EA form)
Tax planning with employment income to reduce taxes. Understanding your Borang B.
Sources of income
Types of expenditure
Understanding credit – credit cards & loans
Managing and prioritizing expenses
Savings for the future
Setting your financial goals
Day 2 (Saturday)
What is financial freedom?
Cash flow Quadrant concept
Growing your savings
Growing your investments
Investing in your first property
Returns on investments
Basic financial statements
Net worth calculations
Financial planning for retirement
Protection: understanding insurances
This workshop for working adults is run on Saturdays. For more information or registration, contact us at 03-7713 3239
In house training for adults and for retirement planning also available. Contact us for a proposal. This programme can also be taught in Bahasa Malaysia for in house programmes.
Frequently asked questions
Qs: What do I need to bring along?
Bring along a calculator, your EPF statement, unit trust and insurance statements and other financial reports that you want to understand. Take the opportunity to ask the course facilitator on your financial related questions.
