Skip to main content

Five Core Elements, Parents have to teach your children about Financial.

Five Core Elements

Aflatoun’s programme is grounded in a belief that children around the world should have an understanding of their rights and responsibilities. Furthermore, they should also know, and have access to, the financial tools they need to realise these rights. Therefore, Aflatoun’s programme involves two key trajectories of learning; one focused on social skills, the other on financial education. While the concept seems new, it represents a culmination of years of refinement and innovation – from its beginnings as a field action project in Mumbai, India in 1991 through to its current programme.

All books and activities included in the current Aflatoun programme address these issues through ‘Five Core Elements’ that are balanced throughout the curriculum.

1. Personal Understanding and Exploration

Aflatoun increases a child’s confidence and understanding by helping them explore their own identity from an early age.

2. Rights and Responsibilities

Aflatoun’s programme is grounded in the UN Convention on the Rights of the Child. Children increase their understanding and knowledge of their own rights as well as those of others.

3. Savings and Spending

Children are interested in and collect things that they think have value. Aflatoun promotes a broad and positive definition of savings. Children save money and objects of personal value and learn how to spend responsibly.

4. Planning and Budgeting

Planning and budgeting allow children to set both personal and financial goals for the future. The concept of thinking ahead and planning is a life skill, and is key to individual development. Children learn how to make concrete steps towards a goal that they have set for themselves.

5. Social and Financial Enterprise

Social and financial enterprise have children making social change or money to learn about the world and realising that they are able to accomplish things together.