Financial Literacy for a Successful Future

On 12 November, the Faculty of Chemistry and Chemical Technology at Al-Farabi Kazakh National University held a seminar titled “Financial Literacy for a Successful Future.” Third-year students from the Pharmaceutical Production Technology and Petrochemistry programmes attended. K. Toshtai, PhD, professor and academic adviser at the Department of Physical Chemistry, Catalysis and Petrochemistry, organised and led the seminar.

            The seminar focused on managing personal finances. Students learned how to draw up a monthly budget, track income and expenses, identify essential expenses and set money aside. They also discussed how to estimate the amount needed for a financial goal, set a savings timeline and calculate how much to save each month.

            The seminar covered informed choices about financial services. Students considered interest rates, fees, payment schedules and contractual obligations when comparing banking products.

            The seminar relates to UN Sustainable Development Goal 8, Decent Work and Economic Growth, particularly its focus on expanding access to financial services. It helped students understand the terms of those services and make informed decisions about their personal finances.

PhD, professor and academic adviser K. Toshtai, 

 Department of Physical Chemistry, Catalysis and Petrochemistry