Educational training for OSH students on the course "Fundamentals of financial literacy"
On February 27, 2026, B.N. Sikhimbaeva, Deputy Head of the Department of Finance and Accounting at the Higher School of Economics and Business and Senior Lecturer, conducted a training session on "Basics of Financial Literacy" for students at Comprehensive School No. 2 in the Zhetysu District of Almaty. This training session was aimed at improving the students' financial awareness, developing basic knowledge and practical skills in personal finance management, and fostering a responsible approach to financial decision-making as future economically active citizens.
The main goal of the training was to develop an understanding of the importance of sound financial management, the need to plan income and expenses, and the role of financial discipline in ensuring stable and sustainable well-being. In today's context of economic digitalization, the rapid development of financial technologies, and expanding access to banking and investment services, developing financial literacy among young people is particularly important. It is during school age that the foundations of economic thinking are laid, behavioral attitudes and skills for rational financial management are formed, which subsequently determine a person's financial stability and well-being.
The educational session was organized in line with Sustainable Development Goal 1 "Poverty eradication," which aims to ensure sustainable economic development, increase employment, and create conditions for decent work. Financial literacy is an important tool for achieving this goal, as it helps develop the skills of the younger generation to effectively manage financial resources, increase economic responsibility, and reduce vulnerability to financial risks.
During the training, students received a detailed explanation of the basic principles of personal and family budget planning, methods for tracking income and expenses, as well as approaches to setting short-, medium-, and long-term financial goals. Particular attention was paid to saving, developing skills for rational use of funds, and understanding the importance of creating a financial safety net. Additionally, students learned about basic financial instruments, including bank deposits and investments, their features, advantages, and potential risks, and gained an understanding of the principles of diversification and long-term financial planning.
A separate module was devoted to financial security, including recognizing common fraudulent schemes, protecting personal and banking data, and fostering responsible and informed financial behavior in the digital environment. The training was conducted in an interactive format, using practical examples, discussing real-life situations, and engaging students in dialogue. This contributed to their increased interest in the topic, developing analytical and critical thinking, and developing practical skills.
Upon completion of the training, students expanded their knowledge of financial literacy and recognized the importance of financial planning and responsible management of personal finances.
Educational initiatives in this area contribute to the development of an economically literate and socially responsible young generation capable of making informed financial decisions, effectively managing personal resources, and building the foundation for their own financial stability in the future.
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