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- A workshop on personal financial management and housing savings was held at al-Farabi Kazakh National University
A workshop on personal financial management and housing savings was held at al-Farabi Kazakh National University
On November 10, 2026, an educational workshop for students entitled “Personal Financial Management Strategy: Otbasy Bank's Housing Construction Savings System” was held at Al-Farabi Kazakh National University.
The event was organized by the Department of Finance and Accounting of the Higher School of Economics and Business at Al-Farabi Kazakh National University. The organizers were M.Zh. Daribayeva, Head of the Department of Finance and Accounting, and E.A. Sigayev, Doctor of Economic Sciences and Associate Professor.
The main objective of the workshop was to enhance students' financial literacy, develop practical personal financial management skills, and introduce young people to modern savings instruments designed to help them purchase their own homes.
In the context of Kazakhstan's rapidly developing financial system, the issues of rational income allocation, personal savings accumulation, financial planning, and responsible borrowing are becoming increasingly relevant. The ability to manage personal finances effectively is an essential prerequisite for achieving financial stability, financial independence, and long-term well-being.
The invited speaker was Zhanar Talanova, a consultant at Otbasy Bank, a member of the Expert Council of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM), and a financial consultant.
During the workshop, participants were introduced to the fundamental principles of Otbasy Bank's housing construction savings system, the specifics of saving money for home purchases, housing financing mechanisms, and opportunities to benefit from government support measures.
Particular attention was paid to setting financial goals, planning personal and family budgets, identifying effective savings strategies, and assessing individual financial capabilities.
The practical focus of the workshop enabled students not only to obtain relevant information from a representative of the financial sector but also to gain a deeper understanding of how to apply the knowledge acquired in their everyday lives.
Participants broadened their understanding of available financial instruments and gained knowledge necessary for making more informed decisions about their financial future.
Organizing such educational events contributes to strengthening cooperation between the university and representatives of the financial industry, promoting practice-oriented education, and preparing a new generation of financially literate professionals.
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