SINGAPORE — Three teachers who used to work at the same special needs institution spotted a crucial gap after their students graduated at the age of 18 — they no longer received financial literacy education.
"But as a neurodiverse , there’s a lot of fear because once you graduate out of the system, there are not many places you can go to to further your education," she added. The smart wallet being developed by the trio aims to help vulnerable adults independently carry out financial transactions in the community – while also providing their caregivers with a level of control, via a smartphone application, to protect them.
“Given that persons with disabilities are more vulnerable, caregivers are concerned about the increasing prevalence of online scams and fraud, and how their care recipients may become victims,” said Mr Tan.Given that persons with disabilities are more vulnerable, caregivers are concerned about the increasing prevalence of online scams and fraud, and how their care recipients may become victims.
To date, the team has also conducted a trial of the system in their community – partnering a local convenience store near one of their beneficiary institutions to allow students to practise making their own purchases and financial transactions. The team, which has won funding of S$20,000 from YAC, adopts a four-step process – save, clean, curate and test:To clean and handpick salvageable itemsTo test them for protein, nutrition and food safety levels
Source: Education Headlines (educationheadlines.net)
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