"Beyond the Buzz" Blog Series Post #3: Creating Financially Capable Youth: Is There an App for That?
Wednesday, September 11, 2013
"One’s stickiest behaviors, those most resistant to change, occur early in life. Ensuring financial capability early in life – particularly during adolescence, a time of transition and in which youth often make serous life decisions – could be critically important in counteracting the psychological barriers that notoriously inhibit positive financial behaviors, and thereby make saving and other positive financial behaviors an instinctive process, instead of a tedious and reflective one."
Monday, July 1, 2013
Register and participate in the upcoming "Exploring the Business Case for Youth Savings" webinar, hosted by CGAP on July 2nd, 2013.
Tuesday, April 30, 2013
"The market research behind BoK’s “CYBY” youth savings product revealed some seemingly contradictory findings. A significant proportion of the 500 youth respondents, approximately 80% of whom were low-income, actually said that they wanted a portion of their money locked away to help them accumulate more savings over the long-term. However, they also said that they needed emergency access to their savings to deal with unforeseen circumstances."
Monday, April 22, 2013