Youth Savings Accounts
Thursday, January 3, 2013
The findings about the complex development impact of savings on youth are just coming to light, but already as Pramod Tamang simply said in the questionnaire: "I feel more secure about my dreams now."
Monday, November 26, 2012
"Many assets and savings-related studies have covered the first step of establishing relationships between assets and potential health, educational, and psychological outcomes, but they have focused on short-term impacts. To build on what we know without reinventing the wheel, the important next step in this body of work was to get closer to testing long-term effects of youth savings."
Tuesday, November 6, 2012
"Like a sprout breaking through compact soil, HFC Bank has recently emerged through the hard earth of financial regulations on child and youth savings in Ghana to present to low-income youth a gleam of hope for a better financial future. The Enidaso Account, meaning Hope Account, gives young adolescents the opportunity to develop saving habits, which is an important step in creating a financially secure future. The account is adapted to the income levels and trends of low income adolescents."
Friday, November 2, 2012
"It is exactly through asset ownership that an individual has the choice to focus on her/his long-term dreams and goals rather than struggle for day-to-day survival."