Financial education workshop at America House Chisinau: How to manage your money wisely  

America House Chisinau is organizing the workshop “Basics of financial education: managing income and loans”, an interactive program for young people interested in learning how to responsibly manage their personal finances. The event, structured in two sessions, will take place on February 22 and March 1, starting at 11:00 am, at the America House Chisinau office.

The program aims to provide participants with the necessary knowledge to manage their income and expenses properly, to understand concepts such as saving, investing and borrowing, and to discover the benefits of a legalized business. The workshop is aimed at young people aged 16 to 30 and is free of charge. Those interested can register by filling in the registration form available here.

Workshop structure and topics

First session – February 22: Fundamentals of financial education

This first session will introduce participants to the essential concepts of financial education and highlight the importance of financial planning in everyday life. Topics discussed include:

•  Sources of income and managing expenses for a healthy financial balance
• Effective saving and budget planning techniques
•  Strategies for avoiding debt and managing borrowing responsibly
• Ways to protect savings and financial security in today’s context
•  Case study on taking out a loan: costs, risks and selection criteria

In the practical session, participants will develop a personal budget, analyze unhealthy financial habits and discuss solutions to improve money management.

Second session – March 1: Entrepreneurship, taxation and financial responsibility

The second session will focus on the legal and tax aspects of managing finances, providing participants with information on how to start a legalized business and what tax obligations taxpayers have. Topics covered will include:

•  The differences between employee and entrepreneur: advantages and challenges
•  Legal forms of organizing a business and criteria for choosing the right one
•  The tax responsibilities of an entrepreneur and how to comply with the regulations in force
•  Using Tax Service platforms to manage financial obligations
•  Simulating the choice of a legal form for a small business

In the practical part, participants will carry out a business planning exercise, choosing the appropriate legal form and analyzing the tax implications. They will also create a personalized financial action plan, setting short, medium and long-term objectives. At the end of the session, an interactive quiz will consolidate the acquired knowledge in a dynamic way.

How to register?

To participate in this workshop, interested young people should fill in the registration form available at this link.