KUALA LUMPUR, Jan 22 (Bernama) -- A total of 2,771 teachers across 12 states have benefitted from the Train-the-Trainer (TTT): Personal Financial Management for Teachers programme, a key initiative under the Financial Industry Collective Outreach (FINCO) since its launch in August last year.
In a statement today, FINCO said the programme, implemented in collaboration with the Financial Education Network (FEN), has recorded an increase in participants’ ability to apply financial knowledge from 59 per cent prior to training to 75 per cent post-workshop.
FINCO Chairman Tan Sri Azman Hashim said the support from the financial industry and FEN has been crucial in achieving the programme’s outcomes, underscoring FINCO’s commitment to contributing meaningfully to the national agenda of fostering financial resilience and literacy across Malaysia.
“With TTT in particular, the tangible improvement that we are seeing in teachers’ financial well-being and confidence highlights the importance of investing in them as they are the primary conduits for knowledge transfer,” he was quoted in the statement.
FINCO said the FINCO Annual Awards 2025, held recently, introduced two new awards to celebrate the progress of the TTT programme and to recognise dedicated educators and students.
The first new award, the Outstanding Trainer Icon, was presented to six dedicated trainers from Port Dickson who achieved exceptional results, including a 49 per cent increase in participant confidence in delivering financial-literacy knowledge and a 99 per cent satisfaction rate.
The second, the Outstanding Caretaker Award, was awarded to Stalin Juan Anak Thomas from the Sarawak State Education Department for his guidance and commitment in leading a team of trainers.
Meanwhile, Team Bags & Books from Sekolah Kebangsaan Rantau Panjang, Selangor, emerged as the champions of the 2025 Good SENS (Social Enterprise Network for Schools) National Dragons’ Den competition, clinching the title of Best Overall Social Enterprise 2025 at the annual awards.
Their social enterprise upcycled 122 kg of banners and 85 kg of old jeans into 1,000 bags, generating over RM4,400 in income. They paid community members who helped sew the bags, donated RM850 in books to pupils in need, and plan to use RM2,210 of the profits to continue the business.
Meanwhile, Team M.E.I Enterprise from SK Taginambur, Sabah became the runner-up with their "honesty kiosk" - a business model based on trust that allowed them to sell snacks and stationery not available in their school without having to man the booth.
FINCO Chief Executive Officer (CEO) Clare Walker noted that seeing primary school students build real businesses and champion social causes each year indicates that the work carried out in schools ensures students understand financial principles from a young age, which is a foundational life skill.
Good SENS is FINCO’s flagship financial literacy programme, developed to address low financial literacy skills amongst young people in Malaysia.
In 2025, the programme trained over 430 students and 84 teachers and saw students across Malaysia successfully set up 62 social enterprises, generating over RM50,000.
Teachers were also trained to support students during the six-month programme.
-- BERNAMA