– Money & Me, Financial Literacy programme for secondary school students in collaboration with The Edge Education Foundation –
One of our Corporate Responsibility area of focus is to promote financial literacy among high school students. Since 2016, we’ve been collaborating with The Edge Education Foundation (TEEF) to run workshops based on the theme ‘Save, Spend, Earn, Grow, and Give’ to a group of Form 4 students at Methodist Girls School Kuala Lumpur (MGSKL). The workshops (facilitated by our volunteers) runs from March to July, followed by a ‘Sales Day’ and a two-day Boot Camp. During Sales Day, students had to use their financial skills and design thinking skills that they had learnt to innovate, produce and compete to market and sell their merchandise of choice. In 2018, one team from MGSKL won second place under the team category and received a smartphone each.
The team also secured RM3,000 from TEEF for their school for winning second place in the overall school category. The average post-assessment score showed an improvement of 5% from the pre-assessment score of 51% on financial literacy for the participants. We are also proud to note that 14% of participants made the decision to open a bank account after going through the programme (59% owned a bank account at the beginning of the programme). This was one of the key learnings from the workshop series, which covered the importance of saving with a bank. We also have similar education programmes at the homes and schools that we support. Read the CR section of our Annual Report or check out our hashtag on social media #PwCMYCR for more information.