In a transfer to deal with vital gaps in monetary literacy amongst Ghana’s youth, Absa Bank Ghana has unveiled its ‘Money Matters’ initiative.
Launched in Accra, it goals to equip junior and senior highschool college students with important monetary data and abilities to navigate today’s complicated financial panorama.
The Money Matters initiative addresses an pressing want for enhanced monetary schooling in Ghana.
It gives a curriculum developed in collaboration with the Ghana Education Service, the Young Investors Network, and the National Banking College. This curriculum consists of sensible monetary abilities like budgeting, saving, and make investmentsing.
“Financial literacy is about more than just understanding numbers; it is about making informed financial decisions that can transform lives,” Mr Adolph Kpegah, the Interim Managing Director of Absa Bank Ghana, stated on the occasion launch.
“The programme is designed to demystify financial concepts, making them accessible and relatable to young minds,” he stated.
The initiative seeks to succeed in 60,000 college students in 300 faculties throughout 4 areas. Its objective is to foster a technology well-versed in monetary issues, able to making knowledgeable selections that contribute to private financial stability.
Tracy Tetteh, one of many participants from St. John’s Grammar SHS, described the programme as very related and essential to the youth.
“This programme by Absa is very relevant because it teaches us not only about financial literacy but the importance of saving and managing our monies so that we can secure our future and this I think is very important for young people to learn,” she stated.
For his half, Agbedanu Woelorm, a ultimate yr pupil at Presec Legon, recommended Absa Bank for this initiative which has uncovered the youth to the difficult world of cash and finance. “The knowledge gained from such programmes helps you to make informed choices and also make us more financially responsible to save towards our future,” he stated.