Global Money Week (GMW) is an international annual financial awareness campaign, aimed at inspiring children and young people to learn about money matters, livelihoods and entrepreneurship. The GMW was initiated by Child and Youth Finance International (CYFI) in 2012 and is now being coordinated by the Organisation for Economic Co-operation and Development International Network on Financial Education (OECD/INFE). The GMW’s official slogan is “Learn, Save, Earn” while this year’s theme is “Take care of yourself, take care of your money.”
The GMW initiative has touched the lives of more than 40.2 million children and young people in more than 175 countries since its launch in 2012. The GMW facilitates various activities and events that promote knowledge and interest in financial matters for the children and young people. The 2021 Global Money Week celebrations will go a long way in promoting the financial inclusion and empowerment of children and young people.
As the Bindura University of Science Education, Faculty of Commerce, Banking and Finance Department, we celebrate as we are stakeholders of the global financial and banking initiatives.
More information on GMW can be accessed on https://orcid.org/0000-0003-4786-0860
IMPORTANCE TO BUSE
- Recognition as the world’s think tanks in banking and monetary issues.
- Fulfilling our mandate as an international institution.
- Platform to link with the outside world.
- Platform for linking and displaying what our alumni hold.
- Heeding calls by the central bank to participate and be recognised by industry.
- This puts BUSE on the map as the links and presentations reach the global community.
- A social responsibility by BUSE, Banking and Finance family.
A working team has proposed the following two major activities as part of the celebrations:
- Digital Activities
There will be a quiz targeting the youth across the country. Pro Profs Quiz Marker platform shall be used for one to answer 20 questions with instant feedback. The questions will be on financial literacy, banking, investments, etc. The link shall be available on various platforms that include students’ WhatsApp platforms and BUSE official social media
There will be 10-15 audio/video presentations as follows:-
i. Dr Mashizha – Topic: Financial Literacy – How do you save?
ii. Mr Simbarashe Bhunu (Alumni), an entrepreneur – Topic: Entrepreneurship and financial investment- How do you invest for profit?
iii. Mr Givemore Maguju (Alumni), Topic: Financial Education. This will be on a video.
- Media Platforms
The above activities will go a long way in improving knowledge on financial products to the community. More importantly, they help to increase financial inclusion with excitement.