Global Money Week 2014

article | March 21, 2014

Global Money Week, a yearly worldwide celebration organized by the Child and Youth Finance International Secretariat aimed at empowering "the next generation to be confident, responsible and skilled economic citizens" was celebrated this year between March 10 and March 17.

All YouthSave countries participated in the celebration through a wide range of activities including: organizing school-based financial education workshops, dedicating media time to issues related to child and youth finance, creating video competitions about savings-based themes, holding bank tours, organizing policy roundtables, and supporting peer-to-peer financial education programs. Below are some highlights of the media coverage these activities received.

Columbia: Canal RCN covered financial education workshops that sought to reach over 60,000 minors. Facilitators covered financial topics including savings, interest rates, credit, and spending habits. According to one young workshop participant, developing good financial habits are a good idea in order to "live well and not end up in the streets."

Kenya: Ghetto Radio 89.5FM featured a Global Money Week spot in partnership with the Kenya Bankers Association describing the benefits of making a budget, regardless of income size, and developing a savings habit. Ultimately, the ad urges, "Your future is in your hands. Start saving today with a goal of investing in the future. No matter how small your savings, every coin counts." Great advice for YouthSavers!

Nepal: The Gulf Times and Xinhuanet reported on a March 15 rally in Hanumandhoka in Kathmandu where students and other youth carried placards urging youth to participate in formal banking.

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