- Financial literacy programme Fun(d) for Life utilises its digital technology expertise to educate students, parents and educators about money
- Cash prizes of up to RM20,000 to be won throughout Malaysia’s 3rd edition of Financial Literacy Month
- Collaboration with various financial institutions including Bank Negara Malaysia and Credit Counselling and Debt Management Agency (AKPK) in support of the Financial Education Network’s efforts in building financial resilience in Malaysians
KUALA LUMPUR, 4 OCTOBER 2022: The rapid development of digital technology post-COVID-19 pandemic has increased the need for increased awareness, confidence and skills of the public towards digital financial services.
However, there are still many Malaysians who not only lack the necessary skills for digital financial services, but also have difficulty mastering personal financial skills.
Realising this, at least 1,000 students, educators and parents throughout Malaysia will be directly involved in financial education activities by Fun(d) for Life, in conjunction with the Financial Literacy Month organised by the Financial Education Network (FEN), an inter-agency collaboration co-chaired by Bank Negara Malaysia and the Malaysian Securities Commission with the theme ‘Financial Wellbeing: Go Digital Confidently’ in its third year running.
The Fun(d) for Life programme by FWD Takaful Berhad (FWD Takaful) and Arus Academy is free, and is the first bilingual financial education programme for young people, parents and educators in Malaysia.
During the National Financial Literacy Month from 1 to 31 October 2022, Fun(d) for Life will collaborate with various financial institutions including Bank Negara Malaysia and Credit Counselling and Debt Management Agency (AKPK) in support of the Financial Education Network’s efforts in building financial resilience in Malaysians.
According to Wan Ahmad Najib Wan Ahmad Lotfi, Chief Strategy & Digital Distribution Officer of FWD Takaful, "Financial well-being can be achieved when an individual masters the pyramid of financial management which starts with protection, savings and investment. We’re leveraging FWD Takaful's expertise and interest in digital technology to help more people improve financial literacy in these three aspects as early as when they’re in school, including groups of educators and parents."
Since earlier this year, the Fun(d) for Life programme has implemented various online and in-person financial education programmes with nearly 5,000 students and educators across the country, including a two-week long money camp in Sabah and Sarawak. The Financial Literacy Month will be the culmination of all the activities carried out through the Fun(d) for Life Financial Education Summit involving teachers, students and community members.
To participate for free in the various activities of the Fun(d) for Life programme which offers cash prizes of up to RM20,000 in conjunction with Malaysian Financial Literacy Month, please visit www.fundfor.life/FLM2022.
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