Starsaver lessons at Dendethu Primary School in Mandeni
Ithala Development Finance Corporation which promotes development in KwaZulu-Natal partnered with the Lion Match South Africa for the rolling out of the Abantwanabethu campaign comprising of Starsaver lessons.
‘Starsaver’ is a Banking Association SA national savings campaign which draws attention to the important role that volunteer bankers and financial sector professionals can play in educating the nation’s youth to become lifelong savers.
Grades 4 to 12 learners are targeted with the programme to be rolled out to township and rural schools across KwaZulu-Natal over the next two months.
“Instilling a culture of saving in children when they are young will have a positive and lasting effect on the economy which needs more financially literate and empowered individuals,” said Andile Mabaso, Ithala’s Stakeholder Engagement Manager. “We talk about needs and wants in order to address the “instant gratification” syndrome which exists among the youth.
Many young people do not save because they think they do not have enough money to save and believe that this is a luxury they cannot afford,” added Mabaso.
