Ashly DhaniBusiness Writer
Old Mutual is once again demonstrating its commitment to financial inclusion by offering a free online Financial Literacy Bootcamp for children and youth. The program, set to run during the upcoming August 2024 holiday season, aims to equip young people with essential financial skills.
“We believe that instilling financial literacy at a young age is crucial in nurturing responsible financial habits and promoting long-term financial stability,” said Old Mutual in a statement to its customers.
The bootcamp will cover a range of topics, including budgeting, saving, investing, and the importance of financial planning. Through interactive sessions and engaging activities, children will learn how to make informed financial decisions and develop a positive relationship with money.
“It strives to empower them, enabling informed decisions and helping to build a solid foundation for their future financial well-being.
“Through engaging workshops, interactive activities, and expert-led sessions, kids and youth will have the opportunity to learn about budgeting, saving, investing, and other fundamental aspects of personal finance in an enjoyable and accessible manner.”
Research has shown that financial literacy is essential for young people to navigate the complexities of the modern world.
By understanding basic financial concepts, children can build a strong foundation for their future financial well-being. This can help them avoid financial pitfalls, make informed career choices, and achieve their long-term goals.
Old Mutual’s Financial Literacy Bootcamp is open to children and youth of all ages and backgrounds.
The online format makes it accessible to participants across the country, regardless of their location.
By providing free access to financial education, Old Mutual is demonstrating its commitment to social responsibility and empowering the next generation. The company believes that by investing in financial literacy, it is contributing to the overall development of the country.
Bongani Ndlovu