Young people are in transition from childhood to adulthood, from financial dependency to independence. Their role in society is changing and they have new economic responsibilities. It is essential to equip the youth with financial knowledge and management skills to enable them to set goals in life and make plans for realizing them. Youth also need access to affordable and sustainable financial services including credit, savings, and insurance to help them to achieve these goals. Importantly, they need to know how to use these financial services and be able to make informed choices about saving and increasing saving capacity, about borrowing, about protecting themselves against risks. To address the specific needs of young women and men in Nepal, the ILO brought its expertise on social finance, youth employment and gender equality together to develop the training package Financial education for youth.
This training package aims at assisting organizations reaching out for youth to teach them basic knowledge and management skills in finance such as financial decision making, earning and spending wisely through budgeting, and using financial services. As a result of this, young entrepreneurs can retain and maintain their micro-businesses for the longer period of time leading to increased employment for the youth.
#ILO #2011 #FinancialEducationForYouth #Trainer'sManual #TraineesGuide
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Publisher:
ILO
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(2011
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Type / Script:
Publication
in English
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Keywords:
YOUTH, YOUTH ORGANIZATIONS, YOUTH SERVICES, DEVELOPMENT FINANCE, BUSINESS MANAGEMENT, CASH MANAGEMENT, EDUCATIONAL EXCHANGES, TRAINING PROGRAMMES, EDUCATIONAL ASPECTS, EDUCATIONAL NEEDS, CURRICULUM DEVELOPMENT, EDUCATIONAL ASSISTANCE, MANPOWER DEVELOPMENT, TRAINING AND RESEARCH INSTITUTIONS, FINANCE, FINANCIAL ASPECTS
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Thematic Group:
ILO
:
International Labor & Labor
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Thesaurus:
11.02.00
- Educational Facilities And Technology
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Reference Link:
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