Financial literacy was included in high school curriculum by the Ministry of Education. However, for most teachers that don’t have a finance background, how to prepare for these courses is a huge challenge. To make financial knowledge more accessible and narrow the gap between urban and rural areas, KGIL headed to Taoyuan Municipal Luo Fu Senior High School to hold seminars in which financial literacy games were incorporated to help students build their financial literacy, laying a solid foundation for a happy life in the future.
The financial literacy game simulates life after graduation: how to budget your income and how to allocate your asset when unforeseen events happen, for example, unexpected illness or economic volatility. Students learnt the importance of risk transfer and personal financial planning during the game.
After the game, the instructor then reminded students again properly managing your personal finance is crucial and advised them to save first, spend later. The course built upon the concept of risk planning and linked it to the insurance products that can transfer risks. Through this linkage, students learnt insurance can cover damage and the protection features of main insurance types.
According to the director of students affair of Luo Fu high school, most students do not come from a well-off family and parents often don’t have enough knowledge in insurance and financial management. He thanked KGIL for using games to teach students financial knowledges. This seminar not only taught students how to manage their personal finance to face future challenges but also allowed them to pass useful financial knowledges onto their family members, creating an opportunity to change the life of not only themselves but also the entire family. In the future the Company will continue to expand the accessibility of financial knowledge and build a friendly environment by working internally and externally. We strive to be the warm guardian of the diverse society.
