KAFI Anthem
Financial Foundations
What is Money?
Money is a tool used to buy things we need or want. It can be coins, paper notes or bills.
Needs and Wants?
Needs are essentials for survival like food and shelter. Wants are things we’d like to have but don’t need to survive.
What is Pension?
Money received after retirement as a thank you for years of work, saved by you or your employer.
Record Keeping
Writing down financial info so you can track your allowance and spending to make better future decisions.
What is Retirement?
The time when a person stops working full-time, usually because they are older and have worked many years.
Smart Management
What is Saving?
Putting money aside for the future. You’re making sure you’ll have money when you really need it!
Scam and Fraud
Tricks people use to take your money or info. It’s important to be careful so you don’t fall for them.
SMART Goals
Specific, Measurable, Achievable, Relevant, and Time-bound ways to set clear, achievable goals.
What is Spend?
Trading money for things you need or want. It is important to spend wisely so you don't run out later.
What is Tax?
Money paid to the government to help pay for community services like schools, parks, and roads.
Philosophy & Risk
Time is Money
Time spent can be as valuable as money. Using time wisely helps achieve goals and success.
Money Is A Game
Money operates within rules and strategies. Success requires learning, patience, and growth.
Financial Risk
The chance money might be lost. Balance being careful with taking chances for your future.
What Is Earn Money?
Getting paid for doing work. It's a reward for your time, skills, or effort.
What Is Debt?
Borrowing money with a promise to pay it back. Helpful but requires great responsibility.
Responsibility & Stability
What Is Budget?
A plan to manage money by tracking what you have versus what you spend and save.
Financial Responsibility
Making smart choices about earning, spending, and saving to secure a better future.
What Is Insurance?
Financial protection against potential losses like accidents, health issues, or damage.
Living Within Means
Managing finances so expenses do not exceed income, fostering stability and security.
What Is A Bank?
An institution that stores money safely and provides services like loans and interest.
Ethical Growth
What Is Charity?
Helping others in need through donations of money or time. It teaches empathy and generosity.
Financial Health
Taking care of money in a smart way so you can feel secure and ready for life's surprises.
Real Estate
Buying land and buildings. It is a common way to invest as value often grows over time.
What Is Etiquette?
Rules and manners that help people behave nicely and show respect to others.
What Is Loan?
Money borrowed that must be paid back later, usually with an extra fee called interest.
Investment & Planning
What Is Invest Money?
Using money to buy things hoping they grow in value, making your money work for you.
What Is Cryptocurrency?
A type of digital money online that uses blockchain technology for secure transactions.
Assets and Liabilities
Assets are things you own with value; Liabilities are things you owe to others.
Financial Planning
Making a step-by-step roadmap for your money to reach goals and prepare for the future.
Emergency Funds
A safety net of savings kept for unexpected situations like repairs or emergencies.
