Why is money management important for domestic helpers?
Good money management and financial stability mean that a domestic helper can avoid distractions of financial stress while working in Hong Kong. While some employers think that just by providing accommodation and food, domestic helpers can accumulate their income, it’s important not to underestimate their needs as well as their family’s. To allow domestic helpers to reach their financial goals, money management is an essential skill to equip them with.
What is our money management course?
“Introduction to Money Management” is an online course designed for domestic helpers who want to make the most out of their stay abroad. Available in English, Fair Employment Agency offers this money management course free-of-charge through the online education platform of Uplifters, a Hong Kong charity that provides online money management courses.
The course can be completed in 4-5 hours, or 20 to 30 minutes per day. It consists of three modules:
Introduction to Money Management Module 1: Shape and uplift your life
- The importance of developing rituals
- Knowing a helper’s rights and responsibilities
- Having a growth mindset
Introduction to Money Management Module 2: Understand the basics of money management
- The 3 Golden-S of money management
- Introduction to Percentages
- Tips on saving before spending
- Stopping loans and tracking expenses
Introduction to Money Management Module 3: Learn to budget
- Sticking to a personal budget
- Teaching family members how to budget
With the right knowledge and tools, an individual can become financially independent by developing good habits for money management.
This course is designed to be accessed through Facebook Messenger on a smartphone, where students will be redirected to the Uplifters platform, making money management resources convenient and readily accessible.
If you’re a domestic helper looking to learn about money management, enroll to Introduction to Money Management here (redirects to Facebook Messenger).
Last updated on February 27th, 2024