KILLARNEY CREDIT UNION LAUNCHES ROCKIN’ YOUTH FINANCIAL EDUCATION INITIATIVE
GR8 SAVERS WEEK RUNS FROM 6th – 12th MAY 2019
Killarney Credit Union is encouraging children in the South Kerry to get rocking with their savings this May! The credit union launches its ‘GR8 Savers’ financial education initiative this week (May 6th to 12th). The financial awareness week aims to get parents and teachers talking to children about the importance of saving for the future.
Experts believe that the age you learn about responsible money management and how to save has a huge impact on how you will handle finances as an adult. The wide-scale study by behaviour experts at Cambridge University also revealed that financial habits in adults are typically set by age seven. So it is never too early for children to start learning prudent financial behaviour!
Speaking about the Gr8 Savers initiative, Helen Courtney Power, Killarney Credit Union said: “A huge part of our ethos at XX Credit Union is financial education for the community. As part of our commitment to the local area, we want to ensure that our future generations are financially educated and empowered. Sound financial planning and prudent money management are skills that can be nurtured from a young age. Encouraging children and young people to develop a regular savings habit during GR8 Savers Week can assist them greatly in the future, especially when they need to manage budgets while at college or in their first job. So we’re encouraging all children to rock on down to us here at the credit union and open their very first savings account!”
During GR8 Savers Week, Killarney Credit Union will have give-aways, competitions and activity sheets for younger savers, while staff will be on-hand with helpful tips and guidance for parents on financial education. The awareness week is designed to be fun and enjoyable for young people, while also highlighting the value of money and the benefits of prudent spending. Insert some examples of events planned for the week here.