In today’s ever-changing economic landscape, safeguarding one’s finances is more critical than ever. With the theme of Global Money Week 2024 being “Protect your money, secure your future,” it’s essential for South African youth to understand the significance of this message.
South Africa’s savings rate has been alarmingly low in recent years, with many individuals struggling to set aside funds for emergencies or future investments. However, fostering a culture of saving not only benefits individuals but also boosts the economy as a whole. Savings provide individuals with financial security, allowing them to weather unexpected expenses and plan for long-term goals such as education, homeownership, or retirement.
Junior Achievement South Africa’s “More than Money” program aims to equip South Africa youth with financial literacy skills. This program, taught in primary schools, introduces children to basic financial concepts and skills, empowering youth to make informed financial decisions from a young age. By instilling these principles early on, JASA equips youth with the tools they need to navigate the complexities of the financial world and secure their futures. Learning through play and analyzing modern realities that can be tweaked to cultivate a savvy saving.
In conclusion, the theme of “Protect your money, secure your future” underscores the importance of financial literacy in today’s society. By educating South African children on the value of saving and investing wisely, we are not only shaping responsible individuals but also laying the foundation for a prosperous future for our country.
About JA South Africa
Junior Achievement (JA) South Africa is one of South Africa’s largest and most-impactful youth-serving NGOs. JA South Africa has a presence in all nine provinces and has reached over 600,000 youth since its inception in 1979. It is JA Africa’s oldest chapter and reaches youth through work readiness, financial literacy, and entrepreneurship. Visit www.jasa.org.za for details.
Media Enquiries:
Bernadette Bule
Junior Achievement South Africa
Marketing and Communications Manager
+27 82 656 9746
