National Cashflow Competition (NCF) 2023
The National Cashflow Competition (NCF) 2023, a pinnacle event in financial education, unfolded on March 11, 2023, at the prestigious Prudential Tower. Spanning from 9:00 AM to 7:00 PM, the event brought together students and educators from across Singapore, fostering a vibrant learning environment.
Open to all students and teachers in Singapore, NCF 2023 featured two distinct categories to cater to diverse educational levels. Category A welcomed secondary school students, while Category B extended its embrace to junior college, polytechnic, ITE, university students, and school teachers. Participants vied for coveted prizes, including iPad Air, AirPods Max, Apple Watch, and shopping vouchers, underscoring the rewarding nature of the competition. Beyond these, additional prizes were up for grabs, adding an element of excitement and reward to the NCF 2023 experience.
A feature of NCF 2023 was the introduction of L Cube, an innovative board game designed to impart financial literacy and emphasize the significance of Lifelong Learning. This interactive game provided participants with a holistic view of the world of work, delving into education and career pathways, economic literacy concepts, income tax intricacies, retirement funds, and the nuanced impact of different economic cycles. The Pro version of L Cube focused on the crucial skills of budgeting and cash flow management, offering a practical dimension to financial education.
In a noteworthy collaboration, NCF 2023 partnered with the Institute for Lifelong Learning (IFL) to present a seminar for participants on the day of the competition. This collaboration aimed to enrich the educational experience by providing valuable insights and perspectives on financial matters, further enhancing the knowledge base of participants.
To enhance the participant experience, participants received an exclusive tote bag and goodie bag. This gesture, beyond being a token of appreciation, reflected the commitment of the organizers to create a memorable and rewarding experience for those actively engaging in the National Cashflow Competition.
NCF 2023, with its multifaceted approach to financial education, not only fostered healthy competition but also served as a platform for experiential learning, empowering participants with the skills and knowledge necessary for navigating the intricacies of personal finance and lifelong financial well-being.