Financial literacy for youth – sign up for the course at the Youth Center – Gabrovo
A two-day financial literacy course for youth is organized by the Youth Center - Gabrovo during the weekend of November 30 and December 1. It will be led by specialists from Junior Achievement and is aimed at young people aged 15 to 25. It aims to give them basic knowledge about their money and how to manage it.
What is the attitude of Bulgarians towards money – a study of folk psychology. How do I make a budget? How much do I cost my parents? What is credit and how can I avoid its traps? What should I invest my money in?
Through different case studies, young people will find themselves in different financial situations and will have to manage money wisely, invest it and achieve financial independence. They will also be able to enter into different financial roles – Minister of Finance, Saver, Investor, Lender and Insurer. Of course, there will be prizes for those who do the best.
The training is free and will be held in the Ritual Hall of the Municipality of Gabrovo from 9:30 a.m. to 5:30 p.m. You can register via the registration link on the website of the Youth Center – Gabrovo https://youth.gabrovo.bg and on the center's social networks Facebook and Instagram.
– Create and manage a personal and family budget to achieve their financial goals
-Recognize credit products and avoid debt
– Understand the basic principles of investing and how to achieve financial independence
– Use risk management tools and know the basics of insurance
• Introduction to personal finance: examining the folk psychology of money in Bulgaria and the key principles for managing a personal budget.
• Setting personal financial goals and creating a financial plan.
• Main roles in financial management: Minister of Finance, Saver, Investor, Lender and Insurer.
• Examining personal budgeting in the context of family finances through a practical assignment with case studies. • The role of banks in personal finances: an overview of credit products, leases and how they affect the budget.
• Lifestyle and financial independence: how to create different sources of income and avoid liabilities.
• Basic principles of investing: tools and strategies for youth
• Risk management: how to minimize financial risks through insurance and long-term planning.
• Debt prevention: how to avoid financial traps and plan for the long term.