EBA Odesa for Kids: Financial Literacy
The modern world is filled with great opportunities and the most of them become achievable with the availability of money. On the occasion of World Savings Day, the EBA Odesa Office gave a good opportunity to the youngest generation of businessmen to find out how to become more financially efficient.
Financial literacy is about the skills of financial planning and accumulation, as well as your relationship with money. A rational approach to the cash flow makes it possible to create capital – a kind of “financial safety cushion”, which is necessary for solving strategically important life challenges. Proper funds’ distribution can help not to depend on money, but to learn how to manage it.
Lidiya Zhogalko, Head of the regional branch of Pivdenny Bank invited teens on the the excursion and Vadym Dumanchuk, Head of Regional Communications, shared main thoughts about:
- Money and its time value.
- How much money do you need to be happy?
- Protection from financial fraud.
- Planning of own budget.
- Financial cushion and the rules of reasonable savings.
Saving is the shortest path to wealth. That is why banks offer their young investors a wide range of programs and services, thanks to which they can become more confident in oneselfs and future! So, turn money into a tool of opportunity that will work for you!