November 3: Modern Young Finance weekly round-up

1. Ekomini launches digital financial literacy drive

Trade Arabia ; November 3

Ekomini, a leading developer of interactive learning solutions for children, said it has signed an agreement with Digital Middle East, a Bahrain-based technology company, to promote digital financial literacy in Bahrain and the GCC region, through interactive online platforms and innovative mobile platforms.

The project will provide educational tools and web-based applications to help kids, teens and families improve their financial skills with a fun and entertaining approach.

2. Money talks key from an early age

Herald Scotland; Simon Bain, November 3

Most children aged eight to 11 are shopping online, buying apps and have bank accounts, yet may receive no financial education at school.

So says the Personal Finance Education Group (PFEG) which is urging that primary schools should follow secondary schools in England and introduce formal money lessons.

3. 8 Tips for Buying Your First Home

The Motley Fool; Jay Jenkins, November 3

This piece gives advice to would be home-owners.

4. Year Up gives young adults leg up in job market

Chicago Tribune; Manya Brachear Pashman, November 3

Opened in 2010, Year Up Chicago is one of 13 Year Up locations in cities across the nation that offer professional training for young people ages 18 to 24 and link them with companies looking to hire. Classes in technology, business communication and personal finance comprise the first six months of the program. If students excel in their course work, they spend the second six months completing a corporate internship.

Year Up Chicago is one of many projects to receive financial support from Chicago Tribune Charities, a McCormick Foundation fund.

5. Equipping youth with financial literacy skills

The Star Phoenix; Kendra Harrison and Deepa Shankaran, November 2

When it comes to managing their money, 20 per cent of Canadians face difficulties in keeping track of finances, planning ahead, and making informed decisions. That’s why RBC has partnered with Free The Children to bring financial literacy into the classroom through a new package of lesson plans called It All Adds Up.

6. 4 important financial lessons Diwali teaches us

NDTV Profit; Artha Yantra, November 2

Diwali, the festival of lights, also offers many lessons which can be used in financial planning.

This article offers four key steps you can learn and implement from Diwali.

7.  Millennials Are Growing Up—But They’re Still Making One Huge Mistake

Time; Dan Kadlec, November 1

Having grown up with social media and in a time of financial crisis, Millennials lean on each other for financial advice. Is this anyway to build a nest egg?


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