Planning Part I

2. Financial and Social Literacy Program Planning Part I • Maintaining the Personal Passbook • Identifying Needs and Wants

3. Financial and Social Literacy Program • Make them listen to the story of Aflatoun Kids on Passbook

4. Financial and Social Literacy Program • Once you are done with the story ask them if they want to learn how to make their own Passbook • Tell them, ‘Let’s do an activity today’ • Distribute blank sheets to the class and ask them to fill in their details (Name, Section, School, Date) • First ask them 1) How many of them get pocket money 2) What did they do with the money 5 days back 3) Their spending and saving details of last to last month • Now, make them realize the importance of penning down every transaction

5. Financial and Social Literacy Program • Make a chart on the board and ask them to quickly draw it on their sheet • Explain the table and ask them to fill the sheet for 1 week and bring back in next Aflatoun Club Session Personal Passbook

6. Financial and Social Literacy Program • Also, make them draw the table for Needs and Wants • Once they are done with their Personal Passbook, they must divide the things in two columns ( things on which they spent), Needs and Wants Needs and Wants

7. Financial and Social Literacy Program • Wants • Wants are goods or services that are not necessary but that we desire or wish for • Increasing the quality of life • Needs • Needs would be defined as goods or services that are required • This would include the needs for food, clothing, shelter, health care • These are things you must have to live • Essentials of life

8. Financial and Social Literacy Program End of Session

9. Financial and Social Literacy Program Planning Part II • Setting up the target • Budgeting

10. Financial and Social Literacy Program • Recap of the last session • Collect the assignment sheet of the last session • Distribute new blank sheets and ask the children to write the details (Name, Section, School, Date) • Now ask them to write down all the things which they want to buy within a specific time and the cost expected Setting up the target

11. Financial and Social Literacy Program • Once they know where all do they want to spend money, they should make a budget to save maximum money to achieve their target • Parallel they should keep maintaining the personal pass-book

12. Financial and Social Literacy Program Budget • Monthly Income Pocket Money ……………………………………. Monetary Gift ……………………………………. Other ……………………………………. Total Income ……………………………………. • Monthly Expenditure Saving ……………………. Clothes…………………………. Gift ……………………. Food …………………………… Other ……………………. Stationary ………………….. Total Expenditure……………………………………. Total Income – Total Expenditure = Savings

13. Financial and Social Literacy Program • Give them the assignment and ask them to come with it during the next session • In the next session, ask them to continue their habit to become good Aflatoun Kids

14. Financial and Social Literacy Program End of Session