The Key to a Successful Future: Students Learned Personal Budget Management and Financial Literacy
The ability to manage finances effectively, save money, and understand the basics of investing is an essential foundation for the success of every modern young person. With this goal in mind, Senior Lecturer M.M. Turganbekova of the Department of Information and Communication Technologies, together with the students of group TP-25-22r1 and faculty members, organized an educational curatorial session on the topic “Financial Literacy as the Key to a Successful Future.”
The main objective of the event was to help prevent unnecessary spending and debt dependency among young people while encouraging students to develop conscious personal budgeting skills.During the session, participants actively discussed the importance of achieving financial independence from an early age, ways to protect themselves from financial fraud, and the necessity of creating an emergency fund, often referred to as a “financial safety cushion,” for unexpected situations. Students shared several practical strategies that can be applied in everyday life:Budget Planning: actively using mobile applications to track income and expenses;
The 50/30/20 Rule: allocating 50% of income or scholarships to essential needs, 30% to personal wants, and 20% to savings;
Investment Basics: not only saving money but also learning how to use financial tools wisely, such as opening savings deposits and exploring the securities market.
During the curatorial session, it was emphasized that proper financial management enables individuals to achieve major goals and fulfill their dreams without relying on debt, using only their own resources and planning skills.According to the curator: “Financial literacy is not only about earning money but also about the art of preserving and growing it. By helping students develop conscious spending habits, we are preparing them to avoid financial difficulties in the future.”
At the end of the event, participants exchanged recommendations for useful books and mobile applications on financial literacy and agreed to apply the knowledge they had gained in their daily lives.
