• Latest
  • Trending
Sparkassenstiftung educates young girls on financial literacy

World Savings Day: Sparkassenstiftung educates young girls on financial literacy & savings

November 10, 2021
Afenyo-Markin denies claims of supporting GH₵1 Dumsor Levy

“Present Your Evidence Publicly” — Afenyo-Markin Refutes Wereko-Brobbey’s ECG Loss Allegations

July 6, 2025
Youth advised to stop "Galamasey", leverage government policies for development

Youth advised to stop “Galamsey”, leverage government policies for development

July 6, 2025
Thomas Partey set to Marry day after being charged with Rape

Thomas Partey set to Marry day after being charged with Rape

July 5, 2025
Liberia inaugurates West Africa’s largest iron ore concentrator, advancing $1.8 billion mining expansion

Liberia inaugurates West Africa’s largest iron ore concentrator, advancing $1.8 billion mining expansion

July 6, 2025
Prime Minister Sir Keir Starmer pays tribute to Diogo Jota

Prime Minister Sir Keir Starmer pays tribute to Diogo Jota

July 4, 2025
Obenfo Nana Kwasi Gyetuah appointed Board Member of National Schools Inspectorate Authority

Obenfo Nana Kwasi Gyetuah appointed Board Member of National Schools Inspectorate Authority

July 4, 2025
Krowor MCE calls for a peaceful Homowo Festivities

Krowor MCE calls for a peaceful Homowo Festivities

July 4, 2025
Works and Housing Minister proposes merger to boost public works efficiency

Works and Housing Minister proposes merger to boost public works efficiency

July 4, 2025
DCE for Asikuma Odoben Brakwa charges residents to be environmentally conscious

DCE for Asikuma Odoben Brakwa charges residents to be environmentally conscious

July 4, 2025
Catholic Bishop Blasts Clergy for Silence on Environmental Destruction

Catholic Bishop Blasts clergy for silence on environmental destruction

July 4, 2025
The Ghana Police Service establishes new 24-Hour Security Secretariat to back the 24-hour economy policy

 Ghana Police Service establishes new 24-Hour Security Secretariat to back the 24-hour economy policy

July 4, 2025
Thomas Partey charged with rape and sexual assault

Thomas Partey charged with rape and sexual assault

July 4, 2025
Happy Ghana
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home Sports

World Savings Day: Sparkassenstiftung educates young girls on financial literacy & savings

in Sports
Sparkassenstiftung educates young girls on financial literacy
Share on FacebookShare on TwitterShare on Whatsapp

German Sparkassenstiftung Western Africa in partnership with Konrad Adenauer, The Delegation of German Industry and Commence in Ghana and the German Embassy in Ghana has organized a training programme for students of Accra Girls’ Senior High school on financial literacy and the benefits of savings. The training forms part of activities to mark the 2021 World Savings Day.

World Savings Day is celebrated annually to call attention to the importance of savings as a way to reduce poverty, promote financial literacy, and educate people about saving and managing their finances.

Speaking at the event, the Regional Coordinator of the German Sparkassenstiftung Western Africa, Kwang-Yung Jung, admonished the young girls to consider savings as a way to ensure financial stability.

“World Savings Day is to showcase or to give young one’s an idea of savings and how to inculcate the habit of saving money. The aim of this training programme is to open their eyes at a young age to learn the habit of savings. Financial literacy, financial capability and saving goes hand in hand. This can create a brighter future for them. Also, saving is not only about money, it’s about planning right and foresight. So, it’s not about we trying to educate these children to open bank accounts, no, the key message here is to open their eyes and to show them how to plan for a better life and future”, he said.

Mr. Yung also bemoaned the discouraging savings culture among the youth in the country.

Read also: Avoid these mistakes in your active working years so you don’t retire ‘broke’

“In Germany, the culture of savings and how to deal with money is already part of the education system. The children are growing up with the habit of saving part of their pocket monies, this is something very precious to them. When I came to Ghana, I realised this savings culture does not really exist. Of course, you have a savings account and pocket money but this culture of these youth ones saving for themselves doesn’t exist”, he added.

For her part, the Technical Advisor in charge of Pre-Tertiary education at the Ministry of Education, Sheila Naa Boamah said holistic education implies that young girls are taught complementary things such as the important elements of savings which will support their outcomes in the education they aspire for.

“Even as workers, sometimes, we struggle to achieve targets. And, it may be because we didn’t start the habit of saving early enough. Young girls seem to have the opportunity to be informed about the benefits of cultivating the savings habit early, which is very good. Basically, we are supporting this initiative to encourage the youth to cultivate the habit of savings and that habit would go a long way to make them functional and productive when they are out of school”, she said. The German Sparkassenstiftung is an international Non-Governmental Organization (NGO) partnering with local institutions to achieve core topics in Capacity Development, Financial Literacy, MSME Finance, Institution Building, Rural and Green Finance in West Africa.

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Victims of suicide give hint before going ahead – College of Counseling and Psychology

Next Post

Vodafone Wins Telco of the Year and Product of the Year at CIMG Awards

Next Post
Vodafone Wins Telco of the Year and Product of the Year at CIMG Awards

Vodafone Wins Telco of the Year and Product of the Year at CIMG Awards

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • “Present Your Evidence Publicly” — Afenyo-Markin Refutes Wereko-Brobbey’s ECG Loss Allegations
  • Youth advised to stop “Galamsey”, leverage government policies for development
  • Thomas Partey set to Marry day after being charged with Rape
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.