The 2022 Global Money Week was scheduled to
take place from the 21st – 27th of March 2022 and this year marks the 10th
anniversary of the annual event with the theme, “Build your future, be smart
about money.”
With a series of educational programs lined
up for the celebration, Heritage Bank was able to raise awareness amongst over
10,000 teens and youths across the 36 states and improve the capabilities of
young people to make sound decisions when it comes to financial matters to
secure their futures.
One of the activities to herald this year’s
GMW was the partnership with the Heart-to-Heart Foundation on building
successful families by educating married couples, counselling teens and young
adults and holding awareness campaigns and to enlighten them on Financial
Literacy.
The Executive Director, Jude Monye
reiterated Heritage Banks’ commitments to further entrench financial inclusion,
seeing financial literacy as a key enabler in the bank’s quest to driving
financial inclusion, which could also be achieved when young Nigerians are
properly educated on the importance of making sound decisions on money matters.
Speaking at the Heart-to-Heart conference
titled, “The Cheating Mind,” Ozena Utulu, Ag. Group Head, Corporate Communications
stressed the importance of financial intelligence, as this would aid in
securing the future of the young ones, enable them to make better financial
choices, create a sense of responsibility with money which would in turn
finance their skills in the future.
She added that to make money, time
management is imperative and should be well understood.
Utulu advised the youths to “start saving
now, make the right choices while spending money by creating a budget, identify
the needs and wants and also imbibe the culture of savings, be smart about how
money is spent and spend money wisely.”
Utulu disclosed to the youths that money
was exchanged in the past by trade by barter, which today cash, cheque books,
Automated Money transfer, Automated Teller Machine (ATM) Card amongst other are
in use today.Cross-section of Representatives of various schools in attendance and the Convener and partners of the conference, during the bank’s partnership with Heart-to-Heart Foundation conference in Lagos
She disclosed that Heritage Bank as part of
engendering saving culture, Heritage Bank would assist commence saving with the
various account opening packages like the Bud account for students and Tier 1
account for young adults.
Also speaking at the event, the
Co-convener, Heart to Heart Foundation, Dr. Stephine Oarhe commended Heritage
Bank for being at the forefront to instil financial knowledge and saving
culture amongst the young generation.
She admonished parents not to entrust their
responsibilities to children and allow them grow before assuming the adult
responsibilities.
He advised the students were further advised to focus on themselves as they ensure they are better than who they were yesterday.