OpenAcademy Joins Hands with BNM: Transforming Financial Literacy for Youth

OpenAcademy teams up with Bank Negara Malaysia to launch 'Duit Yourself', a vital step towards empowering Malaysian youth with financial literacy.

OpenAcademy Joins Hands with BNM: Transforming Financial Literacy for Youth

OpenAcademy, a pioneering ed-tech platform based in Malaysia, has unveiled a groundbreaking initiative aimed at bolstering financial literacy among the nation’s youth. This newly launched financial education series, aptly titled “Duit Yourself,” heralds a new era in personal finance education, according to TradingView.

A Transformative Partnership

In collaboration with the Financial Education Network (FEN), Malaysian Financial Planning Council (MFPC), and the Financial Planning Association of Malaysia (FPAM), OpenAcademy strives to create a holistic financial education ecosystem. This initiative underscores the significant role of collective efforts in imparting financial wisdom.

Unveiling the Duit Yourself Series

“Duit Yourself,” hosted on the OpenAcademy app, offers 11 specially curated lessons that provide a comprehensive guide on money management. With topics ranging from payslips, EPF, SOCSO, to budgeting and long-term planning, this free educational series equips young Malaysians with the tools needed to navigate the financial complexities of adulthood.

Tackling Modern Financial Challenges

During a panel discussion, Anuar Shuib from MFPC highlighted a prevalent issue among youth: the attraction to immediate gratification facilitated by ‘buy now, pay later’ schemes. The series addresses such behavioral financial challenges, offering strategies to mitigate impulsive spending and cultivate financial responsibility.

Embracing Digital Innovation in Learning

Anuar emphasized the importance of digital learning formats over traditional classroom settings. The programme’s digital nature aligns with contemporary youth educational consumption habits, allowing learning to happen seamlessly on personal devices. This approach promises greater engagement and a lasting impact on financial education.

A New Dawn for Financial Literacy

“Duit Yourself” marks a vital step towards shaping a financially savvy generation. By making financial knowledge accessible and relatable, OpenAcademy and its partners are pioneering a cultural shift in how financial literacy is perceived and taught. Join the journey and empower yourself today.

This initiative is not just about education; it’s about creating a future where financial awareness is deeply rooted in the early stages of one’s life, ensuring that the next generation is better equipped to face the monetary challenges of tomorrow.