When young people get to know, how to manage money, they are equipped with a skill that is key to making their dreams a reality and bringing reality to their dreams. I always be a finance person, budgeting, financial systems management from roots to higher multi donor reporting, I always enjoying and passionate about my work, but the turning point of my entire career came when I have joined national financial literacy prgrame from state bank of Pakistan, as a trainer, I thoroughly enjoying and excited while providing facilitation and trained hundreds of young bright people for the very basic of financial education. I always aims how I can we help young people prepare for adulthood? Creating and promoting developmental, opportunities and support.

According to UNDP’s 2018 National Human Development Report (NHDR), 64% of Pakistan’s population is below the age of 30, whereas 29% is between the ages of 19 to 29 years. The population of youth always has to face both challenges and opportunities.

To help young generation for achieving financial literacy is a roadmap to success of the nation; this is a serious issue that about 100 million (50% of population) adults in Pakistan have no access to formal and regulated financial services.

This is a matter of concern that according to World Bank’s 2017 Global database, Pakistan has been ranked the lowest in terms of financial access rate with 100 million unbanked adults, considering the current situation, improved financial literacy will shape and strengthen public confidence in financial institutions specially banking system and leading to more savings and long-term financial investment.

Literate young people and get them realize is a unique blending of knowledge that why Financial literacy is important and why the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing is a key of success in a personal and professional both fields.

To be financially literate, young people will be capable to manage their money smart and efficient way. This means learning how to pay bills, how to borrow and save money responsibly, and how and why to invest and plan for future. Take the initiative to self-educate and grow your financial knowledge, by beginning with the basics of money management and maturing into a smart spender. Putting time into your financial development improves saving and investing decisions.

A lack of financial literacy is a problem in not only emerging or developing economies like Pakistan also consumers in developed or advanced economies also fail to demonstrate a strong grasp of financial principles in order to understand and negotiate the financial landscape, manage financial risks effectively, and avoid financial pitfalls. Nations will grow, when majority or ideally, all the population understand financial basics and apply financial management from households to business empires.

Infect, financial literacy has an impact on families as they try to balance their budget, buy a home, fund their children’s education, and ensure an income at retirement. The National Financial Literacy Program for Youth (NFLP-Y is a unique and most desirable innitative towards youth empowerment and building nation on a progressive direction. We all together nurturing our bright future towards prosperous country. One must beware of can do nothing without money, and those who want to do everything with money.

About Qazi Arshad Hussain Siddiqui:
He has possess a decade specialized experience in the field of financial management, an entrepreneur, trainer and passionate about exploring nature and wild life. He can be access through
qazi.arshad.siddiqui@gmail.com