"Beyond the Buzz" Blog Series Post #3: Creating Financially Capable Youth: Is There an App for That?
"Ensuring financial capability early in life – particularly during adolescence...could be critically important in counteracting the psychological barriers that notoriously inhibit positive financial behaviors..."
Register and participate in the upcoming "Exploring the Business Case for Youth Savings" webinar, hosted by CGAP on July 2nd, 2013.
"Measure Twice, Cut Once" Blog Series Post #3: A Simple Solution For Complex Needs: How BoK Used Pilot Findings to Focus On What Really Matters
"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."