- July 13, 2021
July 13, 2021, Dubai, United Arab Emirates:
- Knowledge of common financial products and terminology is explained in the course of the program through fun exercises. The program is curated to be fun and interactive.
- F@ST modules are already adopted by schools such as The Millennium School and Our Own English High School (OOEHS) in Dubai
- "I gained information on the vast plethora of the financial decisions that I should or should not make as an individual." - GEMS school participant, Dubai
A unique simulation-based program 'F@ST'
is launched in Dubai with a focus on equipping Millennials and GenZ's with personal finance skills. The Financial Awareness Simulation Training ("F@ST") is curated specifically for the new generation to help them take financially responsible decisions, learn to make informed personal finance choices and develop positive money habits.
The F@ST program is completely online, delivered via ZOOM and on the G-Suite applications platform. The participants access the program from their personal laptops over the internet, with an interactive and front row view of the interface. Modules are spread across two days and 6 enriching facilitated sessions, simulating the financial journey of a family over a 15-year period and encouraging constructive debates and discussions between participants around the four pillars of personal finance – household budgets, long term goals, asset allocation
and managing uncertainties.
Commenting on the launch, Vijay Srivastava, Co-founder,
F@ST said, "Everyday decisions made by the younger generation on their spending, saving, growth and retirement planning are all directly dependent on their financial awareness. This makes Financial Literacy a crucial life skill. Young adults are under prepared for life outside the comfort of their homes, at university and beyond due to critically low levels of awareness. A unique teaching methodology, F@ST is an effort to invest in the future for the future generations as they learn to build a positive outlook towards taking the right financial decisions."
"With the unprecedented uncertainty the world is going through, it becomes even more important for young people to plan their financial future carefully and equip themselves with knowledge to have better control on their finances through different life stages." he added.
F@ST has already benefitted many young adults in the UAE and India. F@ST modules are already adopted by schools such as The Millennium School
and Our Own English High School (OOEHS)
in Dubai. With a clear focus on addressing the critically low levels of financial literacy, F@ST is creating interest and growing financial knowledge among young adults, encouraging positive personal finance habits.