Financial Literacy:
- Upper Primary Classes VI to VIII
- Secondary Classes IX to X
- Senior Secondary Classes XI to XII
Course Structure
The course should consist of modular video lessons, each focusing on a core area of financial literacy. Each module should be designed to be self-contained, engaging, and aligned with students' learning levels and to be uploaded in the school LMS. Topics include:
Introduction to Money and Savings
- Understanding money and its evolution
- Importance of saving from an early age
- Differentiating needs and wants
Budgeting and Expense Tracking
- Basics of income and expenditure
- Creating a personal budget
- Practical exercises in tracking daily expenses
Understanding the Banking System
- Types of bank accounts and their usage
- How to open and operate a savings account
- Use of ATM cards, passbooks, and mobile banking basics
Digital Payments and Online Transactions
- Overview of UPI, digital wallets, and QR code payments
- Setting up secure transactions
- Cyber safety and precautions for online payments
Loans, Interest, and Insurance
- Concept of borrowing and lending
- Simple and compound interest explained with real-life examples
- Basic understanding of insurance and its relevance
Financial Planning and Investment Awareness
- Concept of short-term and long-term financial goals
- Basics of investment options like fixed deposits and mutual funds
- The power of compounding and starting early
Responsible Financial Behaviour
- Avoiding impulsive spending
- Understanding credit traps and debt cycles
- Building habits of mindful and ethical financial decisions
