… Advises Students To Form Habit Of Saving

Photo caption : L-R: Representing, CRC, Credit Bureau Limited, Brand and Communications Manager, Osasikemwen Ighile; President, Finance and Business Online Publishers (FIBOP), Charles Onwuatogwu and Corporate Communications Dept., Fidelity Bank Plc, Dan Preston Nwaokorie at the Maiden edition of FIBOP, Mid-Year Summit 2024 on Financial Literacy themed “Financial Literacy in a Digital Era: Catching them Young” at Muson Centre in Lagos

Fidelity Bank and CRC CRC Credit Bureau at the weekend collaborate to educate over 100 students  and youths across Lagos schools through early-life money management tips.

The children from various schools, who in their numbers converged on the Muson Centre in Lagos,to defy the early morning downpour  and the mid-term break to be part of the epoch-making basic financial literacy class organised by the Finance and Business Online Publishers (FiBOP).

Delivering a lecture on the theme, “Financial Literacy in a Digital Era: Catching Them Young,”   Dr. Tunde Ahmed Popoola, Group MD/CEO of CRC Credit Bureau, who was represented by Osasikemwen Ighile, in an interactive session, drilled the children on how to start their life with prudence through the practical orientation of savings of the little money they get from their parents.

He urged  the students, who are between the ages of 12 to 18 years, to start planning their future financial independence, urging the kids to imbibe the attitude of keeping aside a fraction of their earnings through a gradual savings process which will eventually become a culture in their lives as they grow older.

Having realised that most of the students have interest in owning their own businesses as well as engaging in salary paying jobs,  Ighile, highlighted the significance of developing the savings habit early in life to enable them to fulfil their future ambitions.

She advised the students to start with saving part of their pocket money they receive from their parents and others. “That money you get on a daily basis when going to school as pocket money, try to save a little out of it. You can be saving such in the hands of your parents or you can have piggy boxes where you can keep that small amount,” she advised.

The CRC spokesperson underscored the importance of self-discipline, noting that no amount is too small to save.

Also speaking, the representative of Fidelity Bank, Dan-Preston Nwaokorie, challenged the students to imbibe the culture of financial discipline by setting aside some of the amount of money they get frequently even at their early age.