• About
  • Advertise
  • Careers
  • Contact Us
Friday, June 27, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home Economy Finance

Children’s Day: FairMoney Launches Free Financial Literacy for Kids

by Techeconomy
May 27, 2022
in Finance
0
UBA
Advertisements

If you randomly ask people to explain some of the most basic financial concepts like loans, savings, assets and so on, you will find that not a lot of people understand these concepts despite their importance in everyday financial transactions.

To make it even more interesting, if we ask you to explain these financial terms to a 5 year old kid, it becomes a real struggle.

Low Financial literacy is a global reality – According to Standard & Poor’s Ratings Services Global FinLit Survey, supported by the World Bank Research Group, Nigeria has only 26% of its adult population being Financial literates, behind other African countries like Botswana (52%) and South Africa (42%).

Despite countries like Denmark, Sweden and Norway having 71% of their population financially literate, the global financial literacy level is less than 40%. This is low.

Financial literacy is simply the knowledge and understanding of key financial skills and concepts, and the ability to put them to use in your life and affairs.

People who are financially literate have the ability to make informed financial choices regarding saving, investing, borrowing, and more.

Without an understanding of basic financial concepts, people are not well equipped to make decisions related to financial management.

Considering the low financial literacy level among Nigerians and globally, FairMoney MicroFinance Bank, in line with its vision of closing the financial inclusion gap, has decided to promote Financial Literacy among kids.

This is strategic to closing the gap, as simplifying financial concepts for kids helps to build a more financially literate society from its foundation.

Celebrating Children’s Day: Introducing FairMoney Financial Literacy for Kids eBook Series

To “catch them young”, and equip kids with valuable financial knowledge early in life, FairMoney is celebrating this year’s children’s day by launching the first ever, Financial Literacy for kids ebook series in Nigeria – a compilation of financial terms and concepts expressed with easy to understand animal stories and illustrations made for kids.

This e-book will serve as educational material and learning aid to be used by parents, teachers, guardians as well as financial experts to educate kids on financial literacy. What better way to wish our kids a Happy Children’s Day than giving them the gift of financial literacy.

Download Vol. 1 of the FairMoney Financial literacy for kids ebook HERE.

This release is the first edition in a series of Financial Literacy materials that will be regularly released.

[Promoted Content]

Loading

Advertisements
MTN ADS

Author

  • Techeconomy
    Techeconomy

    View all posts
0Shares
Tags: Children's DayFairMoneyFairMoney financial literacyFinancial Literacy eBook
Techeconomy

Techeconomy

Next Post

FBNHoldings Records 99% Growth in FY 2021, Declares N166.7bn PBT

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Keystone bank And CBN

CBN Speaks on Stability of Keystone Bank

4 months ago
Africa’s smartphone market

Africa’s Smartphone Market Projected to Grow 1% in 2025

6 months ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.