Assembly Presentation on 25/3/25- Grace & Ishaan, Class 10D. Teacher i/c Sir Shyam Thapa, Maths Dept.

In today’s fast-paced world, where money decisions are a part of everyday life, understanding the basics of financial literacy has become more important than ever. In a recent school presentation titled “Financial Literacy for Students: The Basics of Saving, Budgeting, and Spending”, students Grace and Ishaan of Class 10 D guided their peers through the essential skills of managing money wisely.

The talk began by addressing a simple yet powerful truth—everyone uses money, but not everyone knows how to manage it well. Whether it’s buying snacks, saving for a school trip, or budgeting pocket money, the importance of smart financial habits was made clear through relatable examples.

Grace and Ishaan introduced the three pillars of financial literacy:

1. Saving – Putting aside money for future needs.
   
2. Budgeting – Planning how to use money wisely.
   
3. Spending – Making thoughtful decisions before using money.
   

They explained that financial literacy is more than just knowing how to handle money—it’s about making informed choices that lead to a stable and secure future. Students learned that building smart financial habits early in life can help prevent debt, foster independence, and create a solid foundation for future responsibilities.

The presenters shared practical tips for saving, such as:

1. Setting clear goals, using the 50-30-20 rule (50% for needs, 30% for wants, and 20% for savings), 
2. Using a piggy bank. 

Budgeting was presented as a vital skill that helps in tracking income and expenses, setting realistic limits, and avoiding unnecessary purchases.

When discussing smart spending, Grace and Ishaan encouraged students to differentiate between needs and wants, follow the 24-hour rule before making purchases, compare prices, and avoid peer pressure spending. They also emphasized the value of investing in quality rather than just price, and how small changes in daily habits—like reducing waste—can make a big financial difference.

The session ended on a powerful note with a quote by Warren Buffett: “Do not save what is left after spending, but spend what is left after saving.” This sentiment encapsulated the essence of the talk—be intentional, be mindful, and be prepared.

This informative and engaging presentation left students better equipped to make wise financial choices, setting them on the path to becoming financially responsible individuals.