Today’s FinLit Buzz: United Arab Emirates, Sri Lanka, and More

The financial literacy community is buzzing about the recent announcement by the Emirates Foundation for Youth Development relating to a partnership between their youth division and Operation Hope. This partnership will look to create an education curriculum on financial literacy to be operational in the United Arab Emirates starting next academic year. CEO of the New York Market for Operation Hope, Mary Hagerty Ehrsam, says that Operation Hope is very excited to “assist the foundation in building curriculums that will help university students develop good financial habits.” Operation Hope wants to “empower people worldwide” and by educating the Emirati youth on effective financial management, as well as teaching them good spending and saving habits, Operation Hope is poised to do so. For more information on the partnership, please click here.

Also creating buzz in the financial literacy space is the recent initiative by Sri Lanka’s IIFL to boost financial literacy. Sir Lanka’s IIFL Ceylon, a unit of India Infoline Group, will launch a book, 108 Mantras for Financial Success, in hopes of sparking awareness for the subject. “This book provides simple but factual information on financial concepts and processes so that anyone can make the right and informed decisions to further their financial prosperity,” said IIFL Ceylon in a statement. With many people only having a limited understanding of the fundamentals of personal finance, this book looks to help create a better understanding on the subject. For more information on the release of the book, please click here.

In other financial literacy news, InCharge Debt Solutions, a nonprofit credit counseling agency, announced that its Teach Money program has reached 1,000 educators in Central Florida. The program, funded by Chase, is designed to address one of the fundamental steps outlined by the Consumer Financial Protection Bureau – to create consistent opportunities and incentives for teachers to take financial education. With many educators not knowing how to properly teach personal finance, this program should give teachers the skills needed to increase financial literacy. For more information on InCharge’s financial literacy efforts, as well as the Teach Money program, please click here.