TOPIC

IC-REALISING THE VALUE OF

MONEY AND
HOW WEALTH CAN BE A FORCE OF
GOOD
LEARNING OBJECTIVES

1.EXPLAIN HOW TO AVOID

FINANCIAL COMPLICATIONS

2.UNDERSTAND HOW LESS

FORTUNATE PEOPLE CAN BE
FINANCIALLY SUPPORTED
 We can realize the value of money more
when we face a FINANCIAL COMPLICATION.
Financial complication or financial pressure is a
situation where money worries are causing
you stress and the impact on mental health
can be significant.

Some of the causes are of financial

complications are:
 Causes:
1.Poor budgeting: If a person is spending more
than he is earning. Eg- Use of credit cards,
loan interests.
2. Unemployment and Loss of income.
3. Expensive Emergencies. Eg- Sudden medical
expenses.
4.Unprofessional or poor financial advice.
5.Risky Investments. Eg- Stock market.
 6.Inadequate Retire plans.

Task-

List 5 steps to avoid

financial complication.
 WHO TAKES CARE IF THE WORLD FACES A
FINANCIAL COMPLICATION?
1. THE NON-GOVERNMENTAL
ORGANISATIONS.
2. SOME PROFIT ORGANISATIONS TAKING
SOCIAL RESPONSIBILITY.
3.THE GOVERNMENT.
4.THE UNO.
 TAKE A LOOK AT FIGHTING COVID 19
The director of one international NGO, who preferred to
remain anonymous, told TNH that COVID-19 had severely
disrupted his operations in Kenya. Programmes were
either at a standstill or “operating at 50 percent”. But
donors have so far been flexible, agreeing to no-cost
extensions. In Dadaab and Kakuma refugee camps, home
to 493,000 people, national staff are now far more reliant
on refugee volunteers who they monitor and guide by
phone. “We’ve invested in masks, gloves, and sanitation
for the refugee volunteers,” the director said. Movement
into the camps has been sharply reduced. 
 TAKE A LOOK AT FIGHTING COVID 19

• Southern Africa: Keeping food aid flowing

• A regional food crisis is affecting tens of millions.
South Africa, the port and logistical centre for much
of the region’s humanitarian response, has closed 
35 of 49 border posts. The South African
government has assured the World Food
Programme (WFP) that its food supply chain – which
supports some 20 million people in the region –
won’t be affected by lockdowns and border closures.
“
 TAKE A LOOK AT FIGHTING COVID 19

• Ricky Martin
• Ricky Martin has launched a new campaign to
help health care workers save lives across the
globe through the nonprofit organization Project
Hope. “In a situation like this, I need to do stuff,”
SRK, Priyanka, Lata Play Good Samaritans, Donate
For Covid-19 Relief to Maharashtra CM’s relief
fund, Narendra Modi’s PM cares etc.
Risk assessment level for Covid 19
• https://www.cdc.gov/coronavirus/2019-ncov/
travelers/map-and-travel-notices.html
 Group Activity-Create a mind map
Choose one country at high risk.
• Find out how wealth is being used for good in
that country by any one of the following-
• The government of that country
• A personality of that country
• Other Nations towards that country
• United Nations
• Non-profit organizations
 TAKE CARE; BE RESILIENT
WE CAN HELP OTHERS IF WE ARE
BALANCED: