Financial Literacy ToT

Financial Literacy Training the Trainers:
Helping Financially Vulnerable Families

19-20 & 21 November 2014
Giving Youth a Financial Head Start
24-25 November 2014

Workshop highlights:

• Highly participatory
• Packed with training examples and awareness builders ready to use with your clients
• Behaviour focused and client-centred, and adapted to Cambodia context
• Wide variety of training programmes, short sessions and awareness builders 
• Empowering: your trainers learn to manage their own money to be able to train your clients and practise training during the workshop – includes a test to identify key learning points that participants have not understood by day 2.
• Free access to our online training database.

Course objective:
Participants understand the main tools to better control expenses and debt and to save. They identify the challenges of becoming financially literate, especially the behaviour and social parts. They apply these tools to better manage their own money. They practise training examples that they can use straight away with your low income clients. Extension on 24-25 November: specific focus on youth, especially behaviour, social pressure, family support, life decisions (study vs. work, renting a new home, equipment purchase, getting married…), ethics and scams.

Who should attend?

• Local and International NGO staff,
• Social workers,
• Community workers,
• Micro-credit institutions officers,
• Educational centres and school teachers.

Financial Literacy Training the Trainers: 
Helping Financially Vulnerable Families(19-20 &21 Nov 2014)

Day 1: Learning the basics of financial literacy for low income families

• Analyse the consequences of not managing money through a story
• Get a clear understanding of how debts grow and impact future expenses
• Overview of simple money management main tools through games (planning next month and prioritising basic monthly expenses, tracking, controlling spending by using envelopes, tracking, following a plan despite emergencies, inflation…)
• Analyse how we spend/choose (social pressure, short term, emotional…)
• Practise planning and managing irregular/non-monthly expenses and save for emergencies and yearly expenses and analyse where to keep savings.

Day 2: Helping our clients better manage their money

• Assess training needs and resistance: how to change habits (awareness building vs. training)
• Build effective programme: long term prevention and crisis solutions
• Set relevant learning objectives and key learning steps to help our target groups climb the financial ladder and become less vulnerable
• Addressing budget and time constraint challenges: how to integrate financial education in existing programmes (health, nutrition, GBV, livelihood...),
• Practise sessions: participants start drafting their training plan, select a training activity or awareness builder from day 1 and facilitate it.
• Training tips and  do’s and don'ts of financial education,
• Written test on financial concepts and participatory training.

Day 3: Building financially literate communities

• Test review: explain key points that are not assimilated yet.
• Involve families in money management
• Practise communicating effectively and sensitively about money
• Project management and decision taking applied to big expense (motorbike, wedding, move...)
• Controlling debt level: planning how to pay back before taking a new debt
• Analyse how to manage irregular incomes
• Quick introduction on business profit
• Ethics: other challenges of money
• What is wealth: exploring non-financial assets (health, education, attitude, relations…)
• Action plan, course evaluation, certificates and group photo

Financial Literacy Training the Trainers:
Giving Youth a financial head start (24-25 Nov 2014)
Day 1: Discover our financial tool-kit for youth

• Analyse the role of money in our lives and our feelings about money,
• Understand why it is important to manage money and what happens if we don't,
• Get a clear understanding of how debts grow and impact future expenses
• Analyse how we choose (emotions, pressure…)
• Practise using our money management tool box: limits and reminders
• Tips to spend wisely (includes mobile phone, clothes…)
• Analyse how money impacts our relationships with others and how to build sound ethical values
• How money impacts our community and environment: building financial responsibility
• Practise setting and save for goals
• Build good habits
• Analyse how to take decision and finance a project through a case
• Identify how to support family in a sustainable way
• Reflect and define wealth

Day 2: Help students make the most of their future income

• Review key points
• Practise sessions: participants start drafting their training plan, select a training activity from day 1 and facilitate it.
• Feedback on practise sessions,
• Communicating with future spouse/managing money together
• Long term savings: life cycle and retirement
• More on banks and where to save
• Managing life events: risks, unemployment
• Growing our main assets: ourselves
• Action plan, course evaluation, certificates and group photo

Trainer’s profile: Sophie Paine (a+b=3- Founder and Managing Director)
Sophie holds a DECF (Qualified Accountant), a Master degree in business studies (Institut d'Etudes Politiques de Paris), a post-graduate in finance and banking (Paris-Dauphine) and a diploma in Islamic Finance (ETHICA). She has worked in financial management and accounting in international corporations and non-profit organisations for more than 15 years. She has facilitated numerous training workshops around Asia, and in USA and Africa. Since 2005, a+b=3’s programmes have reached more than 8,000 people. Our mission is to help people make better decisions with money to have a more harmonious and healthier life. This workshop will be co-facilitated in Khmer by a VBNK trainer. www.aandbmake3.com  

Our Approach:

participatory, group activities, case studies, training demonstration and practise sessions. Our training workshops put finance in context and include behaviour and social issues. They are only one step in our endeavour to contribute to poverty alleviation: participants will also have access to our training database and technical review notes, plus support to implement their own training programme.

Why you can’t miss this workshop:

• Learn how to help your clients reduce their financial vulnerability ,
• Learn how to help your students get a head start and manage their money wisely,
• Learn how to include financial education in context and engage your clients,
• Offer holistic financial education workshops.
• Encourage youth to reflect and internalise ethical behaviour,
• Gain confidence by practising facilitating,
• Address your clients’ reluctance to change their financial habits,
• Improve your workshops’ attendance and measure their impact.

Impact your clients’ lives!

REGISTER TODAY

Course:      Financial Literacy Training the Trainers: Helping Financially Vulnerable Families
Date:          19-20 & 21 Nov 2014 at 8:00-17:00 (including a 90 minute lunch break)

Fee:            US$195 (lunch, refreshment, training material and certificate from a+b=3 included)

Course:      Financial Literacy Training the Trainers: Giving Youth a Financial Head Start
Date:          24-25 Nov 2014 at 8:00-17:00 (including a 90 minute lunch break)

Fee:            US$130 (lunch, refreshment, training material and certificate from a+b=3 included)

Venue:        VBNK, #23, Street 554, Boung Kok 1, Toul Kork, PO Box 2307, Phnom Penh

Language:  English and Khmer, Information in Khmer Tel: : 023 885 805, 023 885 815

Deadline for registration: November 8th 2014 Early bird discount: October 25th 2014 ($20 off). Group discount (three and more participants – please ask us).

Inquiries : info@aandbmake3.com , REGISTER ONLINE