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On May 25, 2026, Umut Kuanyshbekovna Dosniyazova, a specialist, project manager, and lecturer actively involved in improving financial literacy in Kazakhstan, delivered a lecture on “Fundamentals of Financial Literacy” to first-year students of the Finance and Accounting educational programs at the Higher School of Economics and Business. The lecture was held within the framework of the memorandum of cooperation between the Higher School of Economics and Business and Freedom Life.

The purpose of the lecture was to enhance young people’s financial literacy and provide comprehensive information about the national financial system and savings opportunities. The educational lecture was organized in accordance with Sustainable Development Goal 8, “Decent Work and Economic Growth,” which aims to promote sustainable economic development, increase employment, and create conditions for decent work.

The main objective of the lecture was to teach students financial literacy from an early stage, as it serves as the foundation for future stability and informed decision-making, as well as to foster a responsible approach to financial matters among future economically active citizens.

Freedom Life is a major Kazakhstani life insurance company that has been operating since 2014. It is part of the internationally recognized Freedom Holding Corp. The company specializes in digital services and offers life insurance, health insurance, and investment programs.

One of the objectives outlined in the President’s Address to the Nation, particularly within the framework of the “Debt-Free Society” project, is to explain the importance of financial literacy to students through educational lectures. The President emphasized the need to promote financial culture among the population, especially in order to address the problem of dependence on loans. Therefore, improving students’ financial literacy is an important step that meets modern needs and is aimed at preparing the younger generation for financial stability. Students will learn not only how to spend money, but also how to increase it systematically, set financial goals, and accurately plan ways to achieve them.

The lecture was conducted in an interactive format and included practical examples, discussions of real-life situations, and active student involvement. This approach increased students’ interest in the topic, developed their analytical and critical thinking, and strengthened their practical skills.

The main goals of the lecture included developing students’ knowledge and skills in saving and preserving financial resources; teaching them how to spend money effectively; helping them understand the sources of their personal funds, including income sources, savings, investments, loans, and other financial instruments; and explaining economic and financial operations, suspicious financial organizations, the reasons for their emergence, their structure, and operating mechanisms.

Robert Kiyosaki, the author of the bestselling book Rich Dad Poor Dad, noted that a person’s financial and economic literacy includes knowledge of the tax code, theoretical and practical knowledge of accounting, the ability to prepare a basic income and expense plan, as well as an understanding of the concept of “money” and how to use it. These foundations are directly related to students’ financial literacy and to the sustainable development goals of the faculty, which trains specialists in the field of Finance.

In this regard, financial literacy helps students achieve the goals and objectives of sustainable development and successfully implement their plans to receive quality education. In other words, the better students understand basic and advanced economic concepts, the better they will be able to improve their lives in the future. One of the important components of quality education for students is financial literacy.

Financial literacy classes at the university are important because they teach students how to manage money, prepare a budget, save, and handle financial resources responsibly. This knowledge contributes to the development of a healthy and financially stable society.