NAMA Women Advancement Establishment is planning to launch the ‘Financial Literacy Programme’ to enhance women’s financial knowledge and boost their financial management skillsets. The program will be held from April 28 to May 22 in Kalba, Dibba Al Hisn, Sharjah City and Al Mudam. This initiative aims to equip more than 200 women with the tools and give them confidence to make informed financial decisions and achieve lasting economic security.
The programme will impart participants with the skillsets to reinforce their professional careers, achieve financial independence, build wealth and boost financial security. The programme will cover essential topics such as financial goals, budgeting expenditure & spending, borrowing and debt management by providing actionable advice and strategies.
Additionally, the programme will be helping the participants to achieve their personal objectives. The initiative is targeted at retirees, housewives, employees, and students who want to improve their skills in budget management, saving and investment, or seeking advice on money management. This programme is also for mothers wishing to develop smart financial habits and business acumen in their children.
Empowering women through knowledge and practical skills
Commenting on the announcement, HE Mariam Al Hammadi, Director General of NAMA Women Advancement Establishment, said: “Under the directives of Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of His Highness the Rule of Sharjah and Chairperson of NAMA, we continue our mission to equip women on both professional and personal levels. The Financial Literacy Programme elevates the participants’ capabilities by offering them practical tools that help foster the concepts of strategic planning and economic sustainability.”
Al Hammadi added: “At NAMA, we believe that enabling women starts with creating a supportive environment that fosters growth and prosperity, and this is what the Financial Literacy Programme is designed to provide. It includes hands-on workshops, case studies, and mentoring sessions that will pave the way for the participants to long-term financial stability and prosperity.”
Four pillars towards financial independence
The programme highlights that financial literacy encourages women to make financial decisions. The roadmap to financial independence begins with wise financial management. The participants will learn key methods to set clear, measurable financial goals, distinguish between essential and non-essential needs to make better financial decisions, as well as create a dedicated budget that balances income and expenses.
Participants will also learn how to implement smart savings strategies and techniques, evaluate borrowing and credit, compare the pros and cons of borrowing, and use credit cards responsibly. The programme will provide insights into identifying the best investment opportunities and options in line with risk tolerance and available funds. It will also help the participants plan for large purchases, manage debt, and create a protection plan that includes the allocation of an emergency saving budget through risk management strategies.
Personal and group mentoring
The participants will also receive an optional mentoring session that provides individual and group support, helping them to apply their learnings in practice. They will also receive expert feedback and step-by-step guidance to build smart financial habits, which will enable them to manage their money confidently and achieve long-term financial success.
Registration is open via the link: https://survey.zohopublic.com/zs/9tf4W9.
