Calling all concerned parents and progressive school mentors of bright and energetic pre-teen middle-schoolers. Your wards, in classes 6-8, are probably in their most impressionable phase, on the verge of becoming teenagers and entering high school. We have designed this innovative, interactive, extra-curricular module to channel their vast energies into learning something exciting and valuable. 

“A2Z of Money”- is an introduction to the magical world of money, banking, and finance, presented in easy-to-understand modules. Please find below the snapshot of the course:

Section 1: Traditional Mode of Exchange

Learn about the barter system, a medium of exchange in ancient times. 

Section 2: Evolution of Medium of Exchange

Explore the origin of currencies and how coins evolved into promissory notes.

Section 3: An Era of Modern Banking System

• Understand the evolution of the banking system and the significance of the Central Bank as an apex institution.
• Learn about the various types of bank accounts, the concept of interest, and the differences between simple and compound interests. Additionally, you will explore the functions of a cheque as an essential banking instrument.

Section 4: Introduction of Digital Money & Wallets

• Understand what digital money is.
• Explore various ways of cashless payment by studying the concept of debit & credit cards, interest on cards and Equated Monthly Installments (EMI).

Section 5: Effective & Efficient Utilization of Money

Learn why it is considered a scarce resource, techniques to discipline yourself for savings, and where to put your savings to work effectively.

Section 6: Concept of Budgeting

Learn how to effectively manage your income & expenditure, spend smartly and understand the difference between saving and budgeting.

Section 7: Understanding Important Concepts of the Economy

• Gain an introduction to the basic macroeconomic concepts such as economic cycles, demand-induced and cost-push inflation.
• Explore the participants in the ecosystem- Government, Businesses and Households.

Section 8: A step towards Investment

Understand the first step towards investment, i.e., savings.