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Empowering the Youth: Financial Literacy Initiatives by PwC Cyprus Foundation

financial literacy youth empowerment

The PwC Cyprus Foundation launched an educational outreach programme during Global Money Week, focusing on enhancing financial literacy among the youth. Partnering with local ministries and organizations, it provides interactive sessions led by PwC volunteers to teach students vital financial skills, with the theme “Protect your money, secure your future.” This initiative highlights the commitment of PwC Cyprus Foundation to empower the younger generations with essential financial knowledge, ensuring a prosperous future for all involved.

What initiative has the PwC Cyprus Foundation launched to improve financial literacy among youth?

The PwC Cyprus Foundation launched an educational outreach programme during Global Money Week, focusing on enhancing financial literacy among the youth. Partnering with local ministries and organizations, it provides interactive sessions led by PwC volunteers to teach students vital financial skills, with the theme “Protect your money, secure your future.”

Cultivating Financial Awareness

The PwC Cyprus Foundation has once again taken a significant step towards enhancing financial literacy among the younger generations. During the internationally recognized Global Money Week, which ran from March 18 to 24, 2024, the foundation reaffirmed its commitment to this cause. This annual event serves as a platform for educating young people about financial wellness and the importance of being financially savvy.

Partnering with the Ministry of Education, Sport and Youth and Junior Achievement, PwC Cyprus Foundation’s involvement marks the second year of its active effort to instill financial literacy in the youth. By laying down the groundwork for smart financial decisions, the initiative aims to secure a prosperous future for the upcoming generations.

Educational Outreach Programme

The heart of this initiative is the PwC Foundation’s educational outreach programme. In this programme, PwC Cyprus volunteers take a hands-on approach by visiting various schools throughout the island. Their mission is to impart vital financial knowledge and skills, enabling students to navigate the complexities of the financial world confidently.

This year’s theme, “Protect your money, secure your future,” underscores the significant role that financial literacy plays in safeguarding one’s financial future. Tailored to resonate with the young minds, the programme was meticulously crafted to pique their curiosity and address their keen interest in understanding money matters, including savings, investments, and broader economic concepts.

Volunteer Mentorship and Interactive Education

The success of this initiative largely hinges on the dedication of 18 PwC Cyprus mentors who conducted interactive and engaging sessions with students across educational levels. Their approach was not just theoretical but also practical, providing real-world applications of the financial concepts taught.

These mentors brought a wealth of knowledge and experience, serving as role models and inspiring the students to consider their financial futures seriously. Through this, PwC Cyprus Foundation underscores its broader mission to contribute positively to the community by fostering an informed and financially capable youth.

Leadership Vision and Social Commitment

Philippos Soseilos, President of the PwC Foundation and CEO of PwC Cyprus, expressed his passion for this initiative, recognizing financial literacy as a crucial element for personal empowerment and societal welfare. He emphasized the foundation’s dedication to nurturing the growth and development of the younger generation, helping them to materialize their ambitions and aspirations.

The initiative by PwC Cyprus Foundation is more than just an educational campaign; it’s a reflection of a sustained commitment to community engagement and the belief in collective efforts to shape a better world for our youth. This aligns with the foundation’s vision of empowering individuals for a more secure and financially informed tomorrow.

What is the theme of the financial literacy initiative launched by PwC Cyprus Foundation during Global Money Week?

The theme of the initiative is “Protect your money, secure your future,” emphasizing the importance of financial literacy in safeguarding one’s financial future.

How does the PwC Cyprus Foundation aim to enhance financial literacy among the youth?

The PwC Cyprus Foundation partners with local ministries and organizations to provide interactive sessions led by PwC volunteers. These sessions are designed to teach students vital financial skills and empower them with essential financial knowledge.

What organizations does the PwC Cyprus Foundation collaborate with for its financial literacy initiative?

The PwC Cyprus Foundation collaborates with the Ministry of Education, Sport and Youth and Junior Achievement to enhance financial literacy among the youth.

What is the role of PwC Cyprus volunteers in the educational outreach programme?

PwC Cyprus volunteers play a crucial role in the educational outreach programme by conducting interactive and engaging sessions with students across educational levels. They provide real-world applications of financial concepts and aim to inspire students to consider their financial futures seriously.

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