Author
SMU Office of Corporate Communications
Date
15 December 2021
Singapore Management University (SMU)’s Financial Literacy Program for Young Adults which is supported by Citi Singapore and funded by Citi Foundation, organised the inaugural FInHack 2021 from August to October to catalyse innovative solutions to address real world needs. The virtual competition attracted 59 inter-school teams comprising of more than 120 undergraduates and postgraduate students from the six autonomous universities in Singapore.
Nine problem statements championed by several organisations, including CPF Board, MoneySense, Life Insurance Association and non-profit organisation Aidha, were developed in line with the competition’s theme “Financial Literacy in the Digital Age”. They include budgeting and savings for emergencies, retirement planning, early investing, health insurance, engaging youths with special needs on money management topics, women & financial education.
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