Building a Financially Savvy SIT Alumni Community
The collaboration between SIT Alumni Career Network and Endowus paves the way for ongoing financial education initiatives for alumni.
On August 28, 2024, the SIT Alumni Career Network, in partnership with Endowus, held an engaging workshop titled “Money Mastery for Young Adults.” The event aimed to empower SIT alumni with the essential skills and knowledge needed to navigate their financial futures confidently.
Attended by a diverse group of participants, the workshop covered crucial topics related to personal finance. Alumni learned about the Basics of CPF Contribution and Usage, providing them with insights into Singapore’s Central Provident Fund and how to make the most of its benefits. Additionally, the session addressed How to Save for Big Financial Commitments, such as property down payments. Attendees explored effective budgeting techniques and strategies to achieve their financial goals.
A key part of the workshop was the Checklist Before You Start Investing, designed to help participants evaluate their readiness to enter the investment world. The session concluded with Investing Best Practices, where alumni gained valuable tips on risk management and investment strategies.
Feedback from attendees was overwhelmingly positive. Toong Hui Ling, an alumna from Class of 2015, shared her experience: “My biggest takeaway is that I learned more about the various ways my money could work for me and a good entry level to money mastery for someone with very little knowledge about the topic.”
The event underscored the importance of financial literacy among young adults, equipping them with practical tools for managing their finances effectively. The collaboration between the SIT Alumni Career Network and Endowus proved invaluable in fostering a community focused on financial empowerment.
As the demand for financial education continues to grow, the SIT Alumni Career Network plans to organize more workshops in the future, ensuring that alumni have access to the resources they need to thrive financially. Stay tune for more updates from the SIT Alumni Career Network!
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