KOTA KINABALU: The University College Sabah Foundation (UCSF) recently hosted its Financial Literacy Day as part of its comprehensive Financial Literacy Programme.
Dr. Rafiq Idris, the Vice Chancellor of UCSF, highlighted the importance of this initiative in equipping students with essential skills in finance, alongside green, digital, and entrepreneurship knowledge.
Financial literacy, defined as the ability to manage financial resources for long-term financial well-being effectively, was the focal point of the event.
The Head of Financial Literacy Programme, Dr. Frederica, said the Financial Literacy Day featured a range of engaging activities, including a financial quiz competition, a financial games competition, and the second installment of the Financial Literacy Talk Series 2/2024.
Additionally, food trucks and product vendors were present to cater to students’ and staff’s culinary and shopping needs. Information booths by RHB Bank, Bank Islam, and Prudential Takaful provided valuable insights into banking and insurance services.
The highlight of the event was the Financial Literacy Talk Series 2/2024, held at the UCSF Main Hall, where industry experts Mr. Azrizal Tauffique Ahmad from Prudential Takaful and Ms. Natasha Asbi from RHB Bank Berhad shared insights on emergency preparedness, financial planning, banking facilities, personal banking, and investments. This informative session aimed to enhance financial literacy awareness among UCSF students. Their talks were on “the importance of preparing for emergencies with appropriate financial planning, protection, and security measures” and “banking facilities, personal banking, and investments,” respectively.
In a bid to promote charitable values among students, the Financial Literacy Unit organised a donation drive in support of The Needy Children’s Home of Toboh, Tambunan. The act of charity not only fosters financial success and stability but also contributes to overall happiness.
The UCSF Financial Literacy Day was a resounding success, offering students a fun-filled day of activities, including Lucky Draws, while imparting invaluable knowledge on financial literacy.
