Living in the modern world, which is moving very fast and changing even faster, one can say that financial literacy is necessary but at the same time a largely ignored part of school study programs. Since we strive to prepare our students for life, the introduction of financial education will lay the foundation in school for making responsible financial decisions in further years. Gitanjali International School, Ludhiana, is a front-ranking CBSE-affiliated school that has recognized the need for preparation in financial literacy to empower its students for life.
Financial literacy encompasses a broad area of expertise in financial management, to the practice and tools involved. Examples are personal financial management, budgeting, investment, and others. It is somewhat like a knowledge base that gives someone the acumen they need to make profound decisions about personal finances and to enable them to avoid some of the general pitfalls financially, like debt and not investing properly.
At the heart of what financial literacy entails are elements such as balancing a checkbook, handling a savings account, knowledge of how interest rates work, and handling credit and learning about investments and even retirement planning. Such a need for financial literacy has never been in greater demand than in today’s world, since finance products are proliferating at an extremely fast rate and growing increasingly complex.
At Gitanjali International School, we know that financial literacy is of utmost priority for shaping the future of a child. Being among the top CBSE-affiliated schools in Ludhiana, we always attempt to provide an all-rounded curriculum where academic excellence does not become a singular focus, but other general life skills such as financial literacy also need to be considered. Below are some of the activities we conduct to ensure that our students develop and sharpen their sense of financial knowledge:
Our school arranges for interactive financial literacy seminars led by prominent professionals. These workshops help students gain practical knowledge about budgeting, saving, and wiser investment of money. The idea is to present these workshops in a way that is entertaining and enlightening so that the students may learn something useful in real life. 2. Integration of
We believe financial education should not be a one-time lesson. Instead, it should be incorporated into the learning process continuously. We integrate financial literacy with other topics, such as mathematics and social studies, so that students understand how financial principles work within their lives on an everyday basis.
Some of the best ways to learn finance are by actually doing it themselves. We encourage students within our program to be involved in relevant financial projects, including but not limited to mock budgeting, expense tracking, or even school-based investment simulations. This gives a real platform where the theoretical inputs are applied in a practical setting.
But the critical role of imparting financial literacy is also played by schools such as Gitanjali International School. The parents also have a significant role to play: encouraging regular saving of pocket money, making them understand the concept of interest, and involving participation in household budgeting will reinforce what they learn at school.
If schools and parents cooperate, a sound foundation will be laid upon which financial literacy can firmly stand and face the challenges of adulthood with some important lifelong skills.
Financial literacy in schools lays the foundation for lifetime learning. From this foundation established through school and on to college, and eventually into professional life, it will remain to guide them through crucial financial decisions from paying off student loans to investing in their first home.
School education can also provide students with a financial knowledge that can serve to pursue a career in finance, business, and entrepreneurship, fields looked upon nowadays constantly.
It is not mere teaching of how students can manage money, but to equip them with the ability and the knowledge to make informed responsible decisions in this complex financial landscape. Gitanjali International School Ludhiana aims at providing a secure future to its students with the respect for money management and saving and its opportunities for investment.
We want our students to graduate academically prepared and as financially capable citizens who can navigate their financial futures with confidence.
For more information, please contact us. Our friendly staff will be happy to assist you. We look forward to welcoming your child to Gitanjali International School.
Gitanjali International School is among the list of best schools in Ludhiana. We are committed to providing quality education. Our world-class infrastructure and expert faculty ensure your child’s success. Join GIS, one of the leading CBSE affiliated schools in Ludhiana, and give your child the best education.
GIS stands tall in the list of schools in Ludhiana. We are proud to be recognized as Ludhiana’s best school. Choose GIS for a bright and successful future for your child. Visit us today and experience the difference.
