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Important news for youths in Kuching

Published by admin on February 13, 2009 in Press Release. 1 Comment

PRESS RELEASE

 

 

FOR IMMEDIATE RELEASE

Contact: Greg Wee

Handphone: +6012 887 5989

Email: gregywee@yahoo.com

 

 

WORKSHOP TO HELP CHILDREN LEARN IMPORTANCE OF MONEY

 

Kuching, Feb 3, 2009 – A workshop to help children learn the importance of money organized by ArtSchool in collaboration with My Money Tree Sdn Bhd will be held on Feb 28 here.

 

The two-hour introductory workshop called MoneyTree – Developing Tomorrow’s Financial Genius is aimed at addressing the lack of practical business and financial knowledge and skills which have created several problems in the world – the most obvious being Debt Driven Poverty.

 

Credit card debts amongst the younger generation is at an all time high as young entrepreneurs are closing down their businesses as fast as they are being set up while rising costs of education made it difficult for lower income groups to raise their status in life, thus creating a situation of hopelessness amongst the needy.

 

My Money Tree Sdn Bhd firmly feels that education is the only path with long terms results and the problem needs to be addressed early while the individual is still at an age where good habits can be taught easily.

 

The workshops are divided into two levels: Junior level for ages 9 – 13 and the apprentice level for ages 14 – 18.

 

The contents for the Junior level include the principles of personal financial management, the principles behind wealth creation, an introduction to some of the more common investment instruments, and understanding the banking system.

 

For Apprentice level, the contents include the supply – demand impact on price, the impact and implications of inflation, an in-depth look at other investment instruments, and understanding the conditions and requirements of entrepreneurship.

 

MoneyTree is created for children to learn the skills of a practical investor and most importantly, to learn how money is related to their life and people around them. They will also learn positive values of networking, cooperation, competitiveness, value of reading and current affairs.

 

The content is build upon three principles, namely RIM for Relevance, Interactivity and Measurability.

 

For relevance, actual practices in the commercial world, current market conditions and the business and investment landscape are taken into account, and students are taken on an educational journey that gives them an insight to the spoken and sometimes unspoken rules that govern the world of commerce and industry.

 

For interactivity, students learn best when they are engaged through visual and audio forms, participation in experiential learning, and sharing of experiences in highly interactive sessions which draw them into participation.

 

For measurability, a student’s progress is tracked via assessment measures like work sheets, assignments, simulations, portal games and activities which are in place every step of the way to ensure that inherent weaknesses can be addressed for optimal results.

 

Tickets for the workshop are priced at RM 50 per child inclusive of parent. For enrolment, please call the organizer at +6012 887 5989 or +6012 8988768 or log on to http://www.moneytree.my for further details.

 

 

About the MONEYTREE™ Programme:

 

The MONEYTREE™ Programme is a unique programme designed to educate and create financial savvy-ness in today’s young generation so as to prepare them for the financial challenges they will meet in their future

20080520 Money Tree Malaysia Set To Create Waves In Financial Training For Kids And Teenagers.

Published by admin on May 20, 2008 in Press Release. 0 Comments

KUALA LUMPUR, May 20, 2008

My Money Tree Sdn Bhd, a subsidiary of Money Tree Asia Pacific, plans to open 10 to 15 academies nationwide by year end as part of it’s expansion plan.

It’s Marketing Director Andrew Ong said the academies will provide training for children and teenagers on basic financial matters as well as entrepreneurship.

The company planned expand its academies into areas like Penang, Johor Baharu, Kuching, Kota Kinabalu, Ipoh and Kuantan, he said.

Currently, it has an academy in Petaling Jaya.

“We at My Money Tree are training kids and teenagers on the importance of finance and entrepreneurship. Our classes are conducted in the form of interaction consisting of lessons and activities”

Classes are divided into three levels, namely junior levels for those between nine to 13 years old, apprentice level for 14 to 18 years old and entrepreneur level for those aged 19 and above.

Andrew said the students are taken on an educational journey to give them an insight to the spoken and sometimes unspoken rules that govern the world of commerce and industry. We believed in setting a right financial path for the younger generation before they move into adulthood.

Students are also given exposure about actual account practices in the commercial world, current market conditions and the business and investment landscape, he said.

“Our content evolves around the findings that students learn best when they are engaged visually and through audio, participate in experiential learning and ultimately share their experiences,” Andrew said.

All sessions are highly interactive, drawing students to participate fully, and the classes are conducted once a week, he said.

Our participation in the WCIT 2008 event marks a new phase in our brand awareness among both the local and international scenes. On Wednesday, 21st May 2008, Money Tree will be signing an MOU with a reputable Bahrain corporation in the setting up of the Money Tree Program in the Gulf states. A number of agreements are set to be established with interested parties from other countries like Egypt, Bangladesh, Australia, etc, following the WCIT event.

Hong Kong based Money Tree Asia Pacific, which owns the rights to the Money Tree Programme worldwide, has a 40 percent stake in My Money Tree Sdn Bhd which has a RM1 million paid-up capital.

Note to Editors

  1. The MONEYTREE programme is a proprietary program developed by Money Tree Asia Pacific Ltd. The objective of the programme is to provide a high standard of financial education that meets the needs of all their learners. Further information can be obtained from:

My Moneytree Sdn. Bhd.

EL-11-13A, Amcorp Business Tower,

No. 18 Persiaran Barat, 46150 Petaling Jaya, Selangor.

Tel: 03 79544514 Fax: 03 79540128

Website: www.moneytree.my Email: andrew@moneytree.my

  1. MONEY TREE is currently being conducted in Malaysia, Singapore, Hong Kong with more centres opening soon in Brunei and Indonesia

20080513 Providing the Platform for Young Investors

Published by admin on May 13, 2008 in Press Release. 0 Comments

Kuala Lumpur, 12 May 2008

Teenagers who are in search of a deeper understanding of the different investment instruments available , may not need to be in the dark for much longer.

My MONEY TREE Sdn Bhd, a local company which runs a proprietary investment and business program, recently initiated the set up of the Young Investors International (YII) with a group of young entrepreneurs. The objective of YII is primarily to provide a high standard of business & investment education that meets the needs of college students.

According to Bernard Hor, founder of YII, “ The initial idea to set this up was to fill a gap of knowledge in the area of investment amongst teenagers, especially college students. Most of them only start really learning about this much too late.”

As part of the initiative to get college students involved in YII, the group with the help of My Money Tree, has actively pursued student groups in local colleges to start an Investors’ Club . My Money Tree will provide monthly interactive training sessions which would include the use of simulations.

The key to the this programme is its effective learning model which uses various interactive scenarios, whereby participants are given credit cards, cash, investment certifications and put through a ‘mini economy’ in which earning, spending, saving and investing are part of the syllabus in the programme.

At the forthcoming World Congress for Information Technology (WCIT 08), which will be held in Kuala Lumpur beginning 18th May, YII will be presenting their development plans . YII hopes to get interested parties to support their ongoing plans .

Additionally, in recognition of both the need of such programme and the quality of the MONEY TREE Programme, OPEN UNIVERSITY of MALAYSIA (OUM) will be siging a Memorandum with MONEY TREE to enable participants of the programme to qualify for some of its academic and career certifications, thus enabling MONEY TREE graduates to obtain a headstart in building their career future.

Note to Editors

The MONEYTREE programme is a proprietary program developed by Money Tree Asia Pacific Ltd. The objective of the programme is to provide a high standard of financial education that meets the needs of all their learners. Further information can be obtained from:

My Moneytree Sdn. Bhd.

EL-11-13A, Amcorp Business Tower,
No. 18 Persiaran Barat, 46150 Petaling Jaya,
Selangor Darul Ehsan, Malaysia
Tel: 03 79544514 Fax: 03 79540128
Website: www.moneytree.my
Email: andrew@moneytree.my
MONEY TREE is currently being conducted in Malaysia, Singapore, Hong Kong with more centres opening soon in Brunei and Indonesia..

20080423 WCIT 2008

Published by admin on April 23, 2008 in Press Release. 0 Comments

MEDIA ANNOUNCEMENT

FOR IMMEDIATE RELEASE

Money Tree Youths to show business ideas at WCIT 2008

Wednesday, 23 April 2008, Kuala Lumpur, Malaysia

Youths from 15 to 18 years old will be very much a part of the “Olympics of ICT” (Information and Communication Technology) when they present and showcase their business ideas at next month’s World Congress on IT (WCIT) taking place from 18 to 22 May at the Kuala Lumpur Convention Centre.

These very young adults will be in the company of the giants of the IT world such as Dr. Vinton Cerf, Chief Internet Evangelist at Google and Father of the Internet, Dato’ Dr. Craig Barrett, Chairman of Intel Corporation, and many other luminaries from the ICT world.

These youths have completed the Money Tree programme, which teaches and coaches children from 9 to 19 years old on financial, investment and entrepreneurship. The presentation of their business ideas is the culmination of their training in Money Tree.

Several of these ideas are ICT related and have real world solutions in mind. Such as the online event organizer or the search engine enhanced by social networking are ideas that seek to bring greater innovation and improvements to our life.

“Ideas and ICT have created positive impact to the Global economy. Ideas can come from anywhere including youths. For this reason, Money Tree is proud to show what the young are capable of during WCIT2008”, says Andrew Ong, Marketing Director of My Money Tree Sdn Bhd, the Malaysian licensee and subsidiary of Money Tree Asia Pacific Ltd (Hong Kong).

The Money Tree programme has trained more that 2,000 youths in the past 1 year. The key to this programme is it’s effective learning models, comprising of an Academy that delivers face-to-face coaching sessions, a portal that enable continuous learning via e-learning and its many activities, boot camps and workbooks, all combining to deliver an impactful learning experience.

It’s effective learning model through various interactive scenarios, whereby participants are given credit cards, cash, investment certifications and put through a ‘mini economy’ in which earning, spending, saving and investing are part of the syllabus in the programme.

Andrew adds, “Our mission in empowering youths to build a sound financial future does not stop here. In fact, we are in the midst of setting up a Young Entrepreneur Start-up Fund (or better known as the Y.E.S. Fund) that will complete the whole development process. Under the Y.E.S Fund, we will provide young entrepreneurs from our programme with both the financial resource and skill sets required in their pursuit of setting up a business.”

Note to Editors

1. The MONEYTREE programme is a proprietary programme developed by My Money Tree Sdn Bhd with license from Money Tree Asia Pacific Ltd. Further information can be obtained from:

My Money Tree Sdn Bhd

EL-11-13, 11th Floor, Amcorp Business Suite
18 Persiaran Barat, 46050 Petaling Jaya
Selangor Darul Ehsan, Malaysia

Tel: +603 7954 4514
Website: www.MoneyTree.my

Fax: +603 7954 0128
Email: andrew@moneytree.my

2. MONEYTREE is currently being conducted in Singapore, Malaysia, Hong Kong with more centres opening soon in Brunei and Indonesia.

3. Attach photo of Money Tree graduates together with the Money Tree team.

Click Here to download Press Release

20080402 Importance of Financial Literacy Among Youths

Published by admin on April 2, 2008 in Press Release. 0 Comments

The Importance of Financial Literacy Among Youths

Competency in managing money appears to be a skill that doesn’t come naturally to everyone. Unless a person is exposed to the practice of money management, they are less likely to understand how it works and its long-term benefits. It is easy to develop poor spending and financial habits resulting in significant negative consequences such as amassing huge credit card debts, bad credit ratings and bankruptcy, to name a few. Early financial literacy is the best way to prevent such consequences.

Recognizing this, My Money Tree Sdn Bhd started the Money Tree program, a financial and investment training program developed to educate and prepare youths for the financial journey that they will face during their adulthood.

Since its inception in 2007, The Money Tree programme has trained more that 2,000 youths (aged 10 to 18 yrs old). The key to this programme is it’s effective learning models, comprising of an Academy that delivers face-to-face coaching sessions, a portal that enable continuous learning via e-learning and its many activities, boot camps and workbooks, all combining to deliver an impactful learning experience.

In fact, the programme’s effectiveness is clearly visible when in the recently concluded Entrepreneur In Youth Challenge organized by AIESEC Universiti Kebangsaan Malaysia, two teams of secondary students aged between 12- 17 (trained by the Money Tree Programme) edged other teams comprising varsity students to be placed among the TOP 5 teams.

Mr. Andrew Ong, Marketing Director of My Money Tree Sdn Bhd says “Our mission in empowering youths to build a sound financial future does not stop here. In fact, we are in the midst of setting up a Young Entrepreneur Start-up Fund (or better known as Y.E.S. Fund) that will complete the whole development process. Under the Y.E.S Fund, we will provide young entrepreneurs from our programme with both the financial resource and skill sets required in their pursuit of setting up a business.”

Note to Editors

1. The MONEYTREE programme is a proprietary programme developed by My Money Tree Sdn Bhd with license from Money Tree Asia Pacific Ltd. Further information can be obtained from:

My Money Tree Sdn Bhd

EL-11-13, 11th Floor Amcorp Business Suite
18 Persiaran Barat, 46050 Petaling Jaya
Selangor Darul Ehsan, Malaysia

Tel: +603 7954 4514
Website: www.MoneyTree.my

Fax: +603 7954 0128
Email: andrew@moneytree.my

2. MONEYTREE is currently being conducted in Singapore, Malaysia, Hong Kong with more centres opening soon in Brunei and Indonesia.

Click here to download Press Release

20080326 Developing Youths Into Savvy Investors

Published by admin on March 26, 2008 in Press Release. 0 Comments

Developing Youths into Savvy Entrepreneurs & Investors

Kuala Lumpur, 26 March 2008

Prepare yourselves to take a back seat, mums and dads - your children could soon be taking over the family finances, thanks to a new programme on financial education for children and teenagers.
Aptly call the MONEYTREE Programme, it is one of the first resources to be made available to the Malaysian public to allow parents to educate and prepare their children for the financial journey that they will face during their adulthood.
The key to the this programme is it’s effective learning model through various interactive scenarios, whereby participants are given credit cards, cash, investment certifications and put through a ‘mini economy’ in which earning, spending, saving and investing are part of the syllabus in the programme.
In fact, it is so successful that Mr. Jonathan Chong, the proud father of one 10 years old graduate of the camp said “It’s amazing. My son is now telling me how inflation is making us poorer by the day and how misuse of credit cards can result in serious debt.”
Apart from teaching children on financial savvyness, the programme also helps develop entrepreneurship in them. A good example is the recently concluded Business Game organized by AIESEC Universiti Kebangsaan Malaysia, where two teams of secondary students aged between 12- 17 edged other teams comprising varsity students to be placed among the TOP 5 teams.

Both teams were trained under the Money Tree program, a financial and investment training program developed by Money Tree Asia Pacific Limited.

Recognizing both the need of such programme and the quality of the MONEYTREE Programme, OPEN UNIVERSITY of MALAYSIA (OUM) will be signing a Memorandum with MONEYTREE to enable participants of the programme to qualify for some of its academic and career certifications, thus enabling MONEYTREE graduates to obtain a head start in building their career future.

Professor Selvaraja of OUM said: “Good quality financial education gives pupils many of the skills they need to succeed at school and in their careers. It also helps young people to handle money matters sensibly in their personal lives and avoid the problems of debt. I want our schools to deliver effective, imaginative and inspirational programmes of financial education which provide long term benefits for young people.”
So parents, look out for the next MONEYTREE learning centres near you as it may provide your child with the knowledge they need to chart their financial future.

Note to Editors

1. The MONEYTREE programme is a proprietary programme developed by My Money Tree Sdn Bhd with license from Money Tree Asia Pacific Ltd. Further information can be obtained from:

My Money Tree Sdn Bhd

EL-11-13, 11th Floor Amcorp Business Suite
18 Persiaran Barat, 46050 Petaling Jaya
Selangor Darul Ehsan, Malaysia

Tel: +603 7954 4514
Website: www.MoneyTree.my

Fax: +603 7954 0128
Email: andrew@moneytree.my

2. MONEYTREE is currently being conducted in Singapore, Malaysia, Hong Kong with more centres opening soon in Brunei and Indonesia.

Click here to download Press Release

About MoneyTree

The current high credit card debt amongst young adults and the high percentage of retirees whom are unable to meet their daily expenses, has made Governments across the region more aware of the need to educate the young on matters pertaining to Financial Management and Retirement Planning These factors provide for an excellent environment in which to launch the Money Tree programme, as a ready market is available.

MoneyTree was established to provide the financial skill and knowledge to youths aged 9 – 22 , which would be required to build a career or business, as well as plan for their financial freedom. It has been created to fill the void left by the education system and school curriculum and to explore the opportunities available worldwide to further the dissemination and propagation of high-quality e-learning programmes utilising state of the art technology, and to groom the next generation of entrepreneurs.

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