Financial Well-being Workbook
This module helps learners understand how to manage money wisely and prepare for independent living. It explains the difference between needs and wants, introduces simple budgeting methods like the 50‑30‑20 rule, and shows how saving regularly can build security. Learners also explore tools such as Systematic Investment Plans (SIPs) and the power of compounding to grow their savings over time. The aim is to build confidence in handling finances, avoid debt, and plan for a stable future.
Introduction
This module helps learners understand how to manage money in everyday life. It uses simple exampl...
Session 1: Money Basics
You would explore the difference between needs and wants and practice the 50‑30‑20 budgeting rule...
Session 2: Earning Money
This session explains different ways of earning income, including jobs, salaries, stipends, and p...
Session 3: Making a Budget
Learners practice planning monthly spending based on income. The session highlights how to balanc...
Session 4: Saving and Growing Money
This session introduces savings options like bank accounts, SIPs, and mutual funds. Learners disc...
Session 5: Money in Real Life
Learners connect financial skills to everyday situations. The session covers digital safety, frau...