Setting up Financial Clubs for young Nigerians

Dear Esteemed Donor,

The last quarter was a blend of excitement and enlightenment as our team reached out to the community for feedback on the impact of the Financial Literacy Club on their financial well-being. We designed a survey form and deployed it to schools at the end of July 2023.

We received 46 responses from students across three of the sixteen schools we cover. Respondents’ feedback showed that 95.7 percent applied the skills and knowledge they acquired from the club activities in their daily lives, while 97.8 felt more confident in managing their finances after attending the club activities.

In the month of August, we had a financial literacy session with 50 young people at a Teenagers' Summer Camp in Jimeta–Yola. Topics discussed during the session can be summarized as follows:

a). Making Money

b). Managing Money

c). Multiplying Money

Among the resources recommended to the teenagers were "The Richest Man in Babylon and Think and Grow Rich."  We had fun with the Teenagers, playing money games; "Monopoly, etc."

While we remain committed to raising financially savvy youths, we acknowledge that we couldn't have achieved this feat without your continued support. Therefore, we want to thank you, our dear donor, for contributing to realizing this noble ambition.

As we prepare for the next academic year, we will focus on improving our program delivery while expanding our reach to more communities. We believe that our collaborative efforts will transform more lives in our communities as we continue to create the right attitude towards money among youth, preparing them to make the right decisions in the future and reduce the poverty gap in Nigeria.

Warm regards from out team!

• Club Activities Survey Analysis (DOCX)

 Dear Amazing Donor,

This year started on a good note; all thank you.

During the year's first quarter, we experienced another dimension of raising financially savvy youths.

In line with our mission statement, "to provide exciting and unique opportunities for learning and community building. We strive to bring together children and youth from diverse backgrounds, uniting them under the common objective of learning financial and money skills while having fun," our team carefully planned two significant events to commemorate Global Money Week 2023, which theme is "Plan your money, plant your future."

Those two events we held to commemorate GMW 2023 were:

1. A webinar with Denu's Money Circle (DMC), tagged "Let's Talk about Money."

2. A Symposium (hybrid event) which featured interesting and exciting fun-filled moments that encouraged young people to develop healthy interests in money matters.

The symposium constituted the following activities, amongst others:
i. Playlet by students on the GMW 2023 theme.

ii. Panel Discussion with discussants from both the academic and business (banking) sectors.

iii. Virtual Keynote Address by the Co-Founder of Building Financial Freedom, Rachel Labi, from the USA, who inspired the young people in attendance with her story.

iv. Q&A and networking sessions.

We aimed all these at localizing the theme and helping those young people to develop the culture of planning their money. We reached out to about 50 young people in the GMW 2023 program. We can do more, and that's our resolve; to keep raising financially savvy youths.

A testimonial by one of the event attendees stood out for us. It reads, "I got value from the Let's Talk about Money conversation. Thank you for the opportunity to be a part of it".

The testimonial represents the voices of so many young people that we have the privilege to interface with because of your giving. Therefore, our Board, Management, Staff, and Volunteers are super excited and grateful for your giving, enabling us to raise financially savvy youths further and contribute to attaining SDG 1 (No Poverty).

We look forward to seeing more lives changed in our communities because of your buy-in to our vision "to create the right attitude towards money among the youths, preparing them to make better financial decisions in the future, and reducing the poverty gap in Nigeria."

Accept our team's warmest regards!