Right on the money

Youngsters are discovering what money means to them in their everyday lives with the Kids Finance Initiative. The programme covers everything from saving and investing to sensible borrowing, the use of finance tools such as credit cards, and more. 

“This initiative is something we didn’t have growing up, so we learnt the hard way,” says Shilpi Sengupta, mum to Raashi. “I’ve already observed that Raashi is becoming very understanding towards saving; for the first time, she’s talking about saving money, and wanting to understand the value of that money.”

Ramzi Soujah, father of Leena and Vera, agrees and admits that prior to starting the programme his children had no sense of the value of money. “This course is providing some hope that a professional can get the message across to them that they need to think twice before blowing their pocket money on senseless things, things they don’t need. After only three sessions we’re seeing them change their behaviour, and they have even started questioning our behaviour and our purchases!”

Kids Finance Initiative founder Marilyn set up when she realised that piggy banks and weekly allowances just weren’t cutting it for her kids. “They were cavalier with their allowances, flippant with their purchasing choices… just being kids, really. But I felt they needed more direction and more of an understanding of what finances really mean.”

The next eight-week Kids Finance Initiative programme starts on 15th April.

www.kidsfinanceinitiative.com

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