National Cashflow Competition 2021
NCF 2021 will be using L Cube which will not only introduce the participants to education and career pathways, economic literacy concepts, income tax and CPF, but also expose them to the fundamentals of various investment instruments. L Cube is designed and developed by SmartCo with support from the Lifelong Learning Council. L Cube provides a simulation of real life situations where students can learn to make financial decisions and manage their money, which teaches financial literacy and the importance of Life Long Learning.
The experiential learning also takes them through the impact of the different economic cycles. The game equips students with the necessary knowledge to make informed decisions for the successful transition from school to further education or workplace.
This event mainly targets students from secondary schools, junior colleges, polytechnics and universities, and is open to the public. Through NCF, NTU-IIC hopes to inject an element of fun and spark the players’ interest in financial literacy, as well as raise awareness on the importance of planning for their financial future.