Financial Planning Program
While learning budgeting is not a high priority for most teenagers, teaching money management skills is as essential to a child’s development as reminding them to brush their teeth and eat their vegetables. Everyone needs to be smart about money. Because the school systems in Armenia lack financial literacy curricula, the responsibility for ensuring orphaned Armenian children have a stable financial life rests on the shoulders of orphanage directors and volunteers across the world who are willing and able to assist. The Financial Planning Program (FPP), established in June 2015, provides education to orphaned Armenian children in the areas of budgeting, employment, identity theft, and money management.
The FPP is overseen by SOAR-Oxbridge.
Graduation Day for the young employees and residents of "Rainbow House" and Zatikavan.
We began the second phase of the Financial Planning Program on February 20, 2017, with the young employees and residents of "Rainbow House" and Zatikavan.
Besides the main objective "How to Be Smart About Money", we also explore skills to help them become more employable. This is done through matching strengths with interests, improving sense of initiative and creativity, as well as writing and tailoring.
We work with them on CV creation, how to behave on a job interview, learning about entrepreneurship, and much more.
Our main goal is to increase their chance of employment, to help these vulnerable young adults beyond the doors of the facility.
Completion of training and New Year celebration for the girls at Mer Doon
The girls at Mer Doon participating in the Financial Planning Program
Children from Vanadzor/Orran participating in the Financial Planning Program