Please note that this is an overdue event

Money Matters Camp

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This 5-day camp focuses on money matters and entrepreneurship.

Students will learn about the 4 tenets of money (earn, save, spend, invest) and identify their financial goals and create a budget to save up for it.

For a hands-on practice in earning money, campers will also learn the financial aspects of running a "brick-and-mortar" business - this could be as Market Day, or by setting up an e-store on Carousell. They will learn about personal branding, pricing strategy, and safe ways to conduct a sale.

At the end of this camp, campers will:

Have identified their money personality

Understand the tenets of money - Save, Spend, Earn and Invest

Identify their own financial goals and design a plan and budget to achieve that

Understand the concepts of revenue, cost, and what it means to make a profit

Experience having to hustle and sell their products at their Kids' Market in order to earn money

Have experienced and acquire key 21st century skills of critical thinking, problem solving, collaboration, and communication.

Schedule:

Day 1: Students will learn about the 4 money properties: Earn, Save, Spend, Invest. They will identify what their money personality is.
Day 2: Students will set their own tangible goals and create a financial budget to achieve their goals. They will also learn some life tips on price comparison during purchasing.
Day 3: Students will dive deeper into finance, learning about inflation, time value of money, the importance of investing (Note that this is not a stock picking investments class). Students will get the chance to participate in a private investing challenge to drive home the concepts of investing in fixed deposits, bonds, stocks, commodities and fixed income.
Day 4-5: We will dive into one way of Earning money - through entrepreneurship. Students will gain an introduction into entrepreneurship and the ways to gauge consumer demand.

In a team, students will decide on what products they would like to sell (regardless of physical or online store). They will learn about branding, logo creation, pricing strategy, marketing strategy and customer service etiquette. They will also learn about costs and revenue in running a business.

* Note that due to intermingling restrictions during COVID-19, In December 2020, instead of a goods bazaar, students created a carnival with games booths, and their customers comprised of other students. They still learnt the business fundamentals of pricing and marketing!

The Kids Market may also be conducted via e-shopping / social commerce, where students learn to craft a sales pitch and market their goods on our (secured) social commerce app! We reserve the rights to tweak the format, with 100% assurance that we have at heart our students' learning experience.

What students get: