Day 5 of Learn Money Week was IMMENSE as Young Global Leaders, MyBnkers and volunteers spread the word of financial literacy far and wide on three continents.
In Zambia, former MyBnk loanee turned international enterprise superstar, Sabirul Islam, helped bring lessons, inspirational speeches and money games to nearly 20,000 young people. Part of the Bank of Zambia’s Financial Literacy Week, Sabirul gave a TV interview on ZNBC & a radio interview promoting the positive effects of knowing how to manage your money, borrow responsibly and financial inclusion.
At the end of one speech in Kitwe, he had a standing ovation from government officials, policy makers & financial regulators. “I feel honoured and proud” he said.
He spent 10 minutes on his 1st budget & £9.50 was knocked off his weekly spend!
In two schools in Düsseldorf, Germany, 150 students aged 8-10 discussed spending, saving, investing and donating money – they even got a piggy bank!
The initiative was led by one of the co-founders of Learn Money Week and Child Youth Finance Board member Henrik Naujoks and was conducted by employees from management consultancy Bain & Company.
In Istanbul, YGL Ozlem Denizmen, Head of Strategy at Dogus Holding and Board Member of the Istanbul Stock Exchange, led eight school seminars for 350 young people.
Participants each received a certificate from the Financial Literacy Association. They discussed with children 9-14 years old topics like “What is money ?” and “How to manage money “.
Back in the UK, MyBnk helped young adults with survival money managment skills at crime prevention charity Nacro with our Money Works programme.
Hands up for financial education in Turkey!
We also helped 200 Year 7 students at Mossbourne Academy with Money Twist in four all-day sessions covering:
My Money: Payslips, tax, national insurance, government spending, minimum wage and careers.
My Choices: Needs vs. Wants, choices & lifestyle, budgeting, saving and goals.
Other events included an open day at our youth-led microfinance scheme in Walthamstow School for Girls and free 1-2-1 Money Advice sessions for young tenants at Peabody Housing Association.
