In a groundbreaking move to fortify the financial knowledge of the nation’s youth, Malaysian ed-tech pioneer OpenAcademy has launched a revolutionary financial literacy education series, aptly titled ‘Duit Yourself.’

A Visionary Partnership

The initiative is a collaborative venture with the Financial Education Network (FEN), endorsed by Bank Negara Malaysia, and fortified by the strategic support of the Malaysian Financial Planning Council (MFPC) and the Financial Planning Association of Malaysia (FPAM). Anuar Shuib from MFPC emphasized this sweeping alliance, stating, “We are marrying today’s technology with traditional financial planning to democratize financial wisdom.”

Innovative Learning Through Technology

Hosted on the intuitive OpenAcademy app, ‘Duit Yourself’ comes to life through 11 self-paced lessons, ensuring engaging and practical financial education is right at the fingertips of young Malaysians. It is a free resource designed to illuminate complex topics such as payslips, EPF, SOCSO, budget crafting, debt control, saving, investing, and strategic long-term financial planning.

Addressing Challenges of the Youth

During the launch, a dynamic panel discussion illuminated the financial behavior and hurdles faced by youths today. Anuar shared insights on youth’s material aspirations, heralded by convenient installment options, “The allure of ‘buy now, pay later’ complicates their financial landscapes,” he noted, reaffirming the app’s digital format as a perfect remedy to this educational quagmire.

Adapting to the Modern Learner

Anuar highlighted the shifting paradigms in learning preferences, observing, “The confinement of traditional classrooms is off-putting. Empowering learning through personal devices at their own pace has a deeper impact on youth.”

As stated in TradingView, OpenAcademy’s ‘Duit Yourself’ is set to redefine how young Malaysians perceive and manage finances, providing a robust foundation for their prosperous future.