Global Money Week is being celebrated from March 21 – 27. Coordinated by the Organisation for Economic Co-operation and Development (OECD) with partnerships in 176 countries worldwide, this initiative ensures youth access to high-quality financial education, to ensure their future resilience and well-being.
As part of Global Money Week, SamuelFields Consulting Group (SFCG), a consortium of financial wellness experts has launched the Youth FinLit Toolkit. This free digital resource provides a range of innovative tools to help the youth and their families improve their financial literacy. This is a prelude to the Virtual Youth Opportunities, Lessons and Outcomes (YOLO) Summit, which will be staged in April as part of Financial Literacy Month. Every week leading up to the event, the toolkit will be updated with an array of financial literacy information and tools.
Although today’s youth are technologically savvy, many remain ill equipped with the means to manage their money effectively, particularly during a pandemic. The Virtual YOLO Summit will harness the creativity and innovation of the youth, during a day of self-discovery, learning, leadership building and networking around the theme of financial literacy. An Innovative Incubator and Ideas Lab are among the fun and interactive activities that will inspire the youth to save, invest, select a career path, or pursue entrepreneurship opportunities.
“This event is designed to help map the future path of financial empowerment for our youth. Mentally burnt out, yet flush with more savings, many young people are willing to explore their options and take risks to achieve the quality of life that they desire, without following the financial path typical of their parents,” said Megan Samuel-Fields, CEO of SFCG.
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