Watch/Listen: 3p’s skill development online session held on 9th July@ at Observation Home For Boys, DCPUD Unit by clicking here – https://www.youtube.com/watch?v=IX9J_1CIbq4 Topic - Money management Overview - During today's session, the importance of money management was discussed with the children. The below in line with this topic was discussed - The 3 golden rules for money management are - #1: Don't spend more than you earn. #2. “7-Day Rule” #3. Budgeting - This is done through the 25% / 50% / 25% rule -

• Savings – 25%.
• Spending – 50% (Needs 30% and Wants 20%).
• Investment – 25%.