The Smart Investor, the Capital Market Authority’s (CMA) financial literacy program for children participated in the Global Money Week 2016 activities held between March 14 and 20.
The event is organized by Child and Youth Finance International (CYFI) on the second week of March each year and aims at empowering the next generation to be confident, responsible and skilled money-smart citizens.
The event is held in over 80 countries worldwide with participating organizations and communities.
The 2016 Global Money Week theme was #TakePartSaveSmart to highlight the importance of cost careful and smart habits among children.
The Smart Investor kicked off its activities during the Global Money Week by participating in the Riyadh International Book Fair.
Organizers of the Smart Investor program distributed moneyboxes, the program's saving boxes to children and explained to them the concepts of managing money into three sections: Spending, saving, and charity.
The Smart Investor also visited many schools in Riyadh where lectures and plays were presented to children. Students learned about saving and personal financial principles. Topics such as personal development, responsibility, learning, creativity, teamwork, and budget planning were also emphasized.
In addition, the Smart Investor team organized a trip for 40 students to the Saudi stock exchange (Tadawul). Students were briefed about the purpose of the exchange, how it operates, and the role it plays in the Saudi economy.
Organizers of the program also visited the Disabled Children's Association (DCA) and offered a seminar on financial intelligence to children. The seminar focused on explaining the importance of saving and how to identify ways of money spending.
Gifts were distributed to children participating in the activity at the end of the event.
During the Global Money Week, the Smart Investor also visited malls in the capital and distributed moneyboxes and saving tips materials to children.
CMA’s Smart Investor program participates in Global Money Week
CMA’s Smart Investor program participates in Global Money Week
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