“Education begins at home. You can’t blame the school for not putting into your child what you don’t put into him.” – Geoffrey Holder
Some of you may already be familiar with the best-selling personal finance book of all time, “Poor Dad Rich Dad” by Robert Kiyosaki, a must-have for wealth building. The book advocates the importance of financial independence through real estate investing and owning businesses, as well as increasing one’s financial intelligence.
Not many, in the past, are offered opportunities in receiving a proper financial education, as its importance is often overlooked, given that most of the parents themselves have not taken up any financial education.
Financial education has long been considered as knowledge that is learned outside the school. We’re speaking about financial intelligence besides Accounting, Economics and Finance. With the recent explosion of information technology, it is hard not to see the importance of financial education and intelligence in order to stay competent.
“Little Tauke”, a new start-up from Ipoh, is the brainchild of two young entrepreneurs, Pui Yee and Cheron Ng. Both experienced the negative consequences of having poor financial education and parental guidance. They saw many young adults who had gone broke trying to look rich and ending up as bankrupts.
Little Tauke believes that financial education teaches more than just being rich but is a tool to achieve happiness and success in life.
The concept originated from USA in 2002. It has taught over 15,000 children, teens and adults on how to develop a mindset and skills to achieve financial freedom, and now it has arrived in Ipoh.
The programme offered is “Camp Millionaire”. The core subject is “The Money Game”. It provides values on financial wisdom which are useful for a lifetime.
Little Tauke organised a Camp Millionaire recently at Algol Management Services involving 25 participants, aged between 3 and 13. The two-day camp, loaded with fun games and activities, promoted learning such as, ‘How to Make and Manage Money’, “How to Save’, ‘How To Invest’, ‘Teamwork’, ‘Public Speaking’ and more.
The subjects were taught by trained educators and trainers. Responses and approvals from parents were most encouraging.
The next Camp Millionaire will be held in Penang on August 5 to 6 at Wawasan Open University. For more information, visit Little Tauke’s website at www.littletauke.com.
Vivien Lian
