Financial Literacy through Character Development
A Unique Framework
Financial Literacy through Character Development (ABCs of Wealth
) is an innovative approach that provides a framework for combining character development with financial education, in order to raise a generation that is mentored to become financially stable and independent, and to use various forms of WEALTH such as knowledge, expertise, talents, money, and time as well as physical, mental, emotional, and spiritual muscles (virtues/character traits: Patience, Responsibility, Moderation, Thankfulness, Selflessness, Generosity, Truthfulness, and many more) to build stronger families, neighborhoods, communities, and a new world.
The ABCs of Wealth curriculum can be implemented in any micro economy throughout the world. Generic lesson plans are independent of any local economy.
Basic Level program is appropriate for all ages with emphasis on children and youth and concentrates on developing habits and muscles.
Advanced Level program is appropriate for ages 16 and up and includes various elements of banking services, credit, earning & taxes, retirement, and investing.
Through our financial literacy curriculum, attendees learn to build a solid foundation in saving, investing, sharing, and spending by developing key habits and muscles. This development is complemented by learning the goal setting, consultative decision making, borrowing, and budgeting processes. Furthermore attendees learn the value and concept of WEALTH and various elements of local financial services. While participants attain the necessary understanding of financial systems during workshops, they are mentored to work as teams within their family and community structure to implement and practice this knowledge in their daily financial lives as well as others around them.
Financial Literacy Habits are Essential
The ABCs of Wealth financial literacy program focuses on helping participants develop various habits, therefore workshop learning must be practiced at home and in the community environment. In this context, although not required, it would be best if participants have the capability to receive allowance (from parents or guardian) or generate their own income on regular basis (amount is not important at all). Every lesson in the Basic Level includes a take-home handout that allows participants to share their learning with family and community members.