malaysiangKUALA LUMPUR, In conjunction with this year’s Financial Literacy Month (FLM), the Credit Counselling and Debt Management Agency (AKPK) has introduced a four-series publication with the salient objective of improving the current economic landscape through financial empowerment of individuals of all ages.
Entitled the ‘GROW’ series, it said the initiative, which comprises four books, namely Gaining Knowledge, Realising Potential, Optimising Resources and Wealth Wisdom, provides financial guidance specifically designed to suit the four key stages of one’s life beginning from the tertiary education years up until retirement.
‘The first series is meant to empower tertiary students with knowledge on personal savings, budget management, net worth and healthy credit score. The second series guides young workers on loan and credit card management, creation of emergency funds and learning how to invest.
‘The third series further guides families on ways to maximise their financial resources to secure a sustainable f
uture through proper protection and investment instruments. Finally, the fourth provides guidance for future retirees on retirement planning, estate management and optimisation of their Employee Provident Fund (EPF) contribution,” it said in a statement today.
It added that the GROW series is a valuable and complete resource in guiding an individual’s financial journey through important stages of their life.
‘With the collective application of the principles and strategies in the GROW series through serious promotion of this resource, it is set to contribute to the overall economic health of society,’ said the statement.
Also in conjunction with FLM, AKPK, together with Bank Negara Malaysia and the EPF – as part of the Financial Education Network (FEN) – co-organised the National Financial Literacy Symposium 2024 (NFLS 2024) that ran from Oct 2 to 3 at Sasana Kijang here.
‘The annual event provides a platform for important discourse in promoting financial literacy and inclusion. The initiative prioritises
financial literacy as a core element of its policy agenda under the National Strategy for Financial Literacy 2019-2023.
‘This strategy aims to develop responsible financial habits, enhance financial planning and build financial resilience among Malaysians,’ it added.
Source: BERNAMA News Agency
