BUDGETING, SAVINGS AND INVESTMENT PEDAGOGY: AN IMPERATIVE FOR GRADUATE SURVIVAL AND SUSTAINABILITY

This book chapter is on budgeting, savings and investment as an imperative for graduate survival and sustainability. Its objectives are not limited to equipping the student with the understanding of the complexities of budgeting, savings and investment, acquainting them with knowledge of the importance of budgeting and its types, savings schemes and types, appreciating benefits of savings pedagogy in other to adopt wholesome investment approaches. The book chapter discussed concepts of budgeting, savings, and investments, and elaborated on types of financial investments that would assist graduates to survive and be sustained after their studies. The scope of teaching and learning of budgeting, importance of budget, and components of savings were also discussed. The book chapter also discussed benefits and techniques of budget, savings and investment pedagogy for graduate survival and sustainability. It was concluded that the skills and knowledge of budgeting, savings and investment, should be considered prime in the school programme. It was recommended, among others, that curriculum planners should include budgeting, savings and investment in the school curriculum at higher levels, and that schools and governments should organize seminars, workshops and conferences for teachers and students with qualified and capable resource personnel.