Class 10 – Financial Fitness – Training for a Strong Future introduces students to essential money management concepts, equipping them with the knowledge to make informed financial decisions. It covers the importance of financial literacy, explaining how money flows in an economy and why individuals must plan their finances wisely.
The book provides an understanding of banking systems, including different types of banks, how they operate, and the role of digital payments. It explains how to open and manage a bank account, use debit and credit cards responsibly, and understand UPI, net banking, and mobile wallets.
A strong focus is given to budgeting and expense management, helping students differentiate between needs and wants. It teaches them how to create a personal budget, track expenses, and cultivate a savings habit from an early age. Various savings and investment options, such as fixed deposits, mutual funds, stocks, and public provident funds, are introduced, along with the concept of risk and return.
The book also explains loans and credit, detailing different types of loans, how interest rates work, and the importance of maintaining a good credit score. It introduces students to the basics of taxation, including GST, direct and indirect taxes, and why paying taxes is essential for a nation’s growth.
Insurance concepts are covered to help students understand risk management and financial security. Different types of insurance—life, health, and general insurance—are explained, along with government-backed schemes that promote financial protection.
A section on entrepreneurship and business finance familiarizes students with the basics of starting and running a business, sources of funding, and financial planning for entrepreneurs.
The book also emphasizes financial scams, fraud prevention, consumer rights, and responsible online financial behavior. It highlights the importance of secure transactions, recognizing fraudulent schemes, and being an aware consumer in the digital age.
Overall, this book provides a comprehensive foundation in financial literacy, preparing students for real-world financial responsibilities while encouraging smart money habits from a young age.
Class 10 – Financial Fitness – Training for a Strong Future introduces students to essential money management concepts, equipping them with the knowledge to make informed financial decisions. It covers the importance of financial literacy, explaining how money flows in an economy and why individuals must plan their finances wisely.
The book provides an understanding of banking systems, including different types of banks, how they operate, and the role of digital payments. It explains how to open and manage a bank account, use debit and credit cards responsibly, and understand UPI, net banking, and mobile wallets.
A strong focus is given to budgeting and expense management, helping students differentiate between needs and wants. It teaches them how to create a personal budget, track expenses, and cultivate a savings habit from an early age. Various savings and investment options, such as fixed deposits, mutual funds, stocks, and public provident funds, are introduced, along with the concept of risk and return.
The book also explains loans and credit, detailing different types of loans, how interest rates work, and the importance of maintaining a good credit score. It introduces students to the basics of taxation, including GST, direct and indirect taxes, and why paying taxes is essential for a nation’s growth.
Insurance concepts are covered to help students understand risk management and financial security. Different types of insurance—life, health, and general insurance—are explained, along with government-backed schemes that promote financial protection.
A section on entrepreneurship and business finance familiarizes students with the basics of starting and running a business, sources of funding, and financial planning for entrepreneurs.
The book also emphasizes financial scams, fraud prevention, consumer rights, and responsible online financial behavior. It highlights the importance of secure transactions, recognizing fraudulent schemes, and being an aware consumer in the digital age.
Overall, this book provides a comprehensive foundation in financial literacy, preparing students for real-world financial responsibilities while encouraging smart money habits from a young age.