If I am giving you $100 dollars, should you take it now? Or should you take $105 dollars 1 year later?
To answer this question, we must know about depreciation. What’s what – you may ask?
Welcome to SMART Investment Institute, a youth led organization that promotes financial literacy for youth under 25.
Celebrating the future of financial literacy as part of core education, the Institute has designed the SMART Framework. It’s the acronym for Strategy, Management, Analysis, Research, and Technology. These 5 pillars are the foundation for all the works and efforts we make. The institute also aims to address SDG number 8 (decent work and economic growth) and number 4 (quality education).
After this session, you will walk off with extensive knowledge on time value of money. At the end, we will also be providing ways for you to stay on top of the inflation by giving you insights into GIC, Certificate of Deposit, and bonds.
