Sinlau Credit Union helps kids learn “financial responsibility”
From "Taiwan Church News" <enews@pctpress.org>Date Wed, 18 Aug 2010 14:28:29 -0700
Taiwan Church News 3050 Edition August 9~15, 2010 Sinlau Credit Union helps kids learn “financial responsibility” Reported by Chen Yi-hsuan Written by Lydia Ma Sinlau Credit Union in Tainan recently organized “Little Buffett Camp” for elementary school students to teach them about financial responsibility. The camp’s goal was to engrain these children’s young minds with “7 Super Abilities”, “9 Financial Good Fruits”, and “4 Financial Abilities (4S)”. The camp took place from August 5~7 for a few hours each day and drew 36 children despite relatively short notice. Participants included both children from churches in Tainan area and non-Christian children. One pastor even volunteered to give a lift to children from his church’s Sunday school every day just so they could attend this camp. The camp’s first day centered on the themes of financial investment and risk assessment. Children played games similar to Monopoly to learn about the relationship between high-risk investments and high profitability. The second day’s themes focused on consumption habits and making good purchases and the third day’s themes delved into financial temptations using stories and real-life applications. Children were invited to discuss what they’d do if confronted with various scenarios. Teachers used the Ten Commandments to teach kids about being financially responsible people. Event organizers reported that many children excitedly shared with their parents what they’d learned at the camp about investment risks, savings, and perseverance. A few of them even asked their parents to open accounts for them at the credit union so that they could start depositing their weekly allowances and start managing their money wisely. The “7 Super Abilities” were good memory, creativity, thinking by association, expressiveness, logical thinking, teamwork, and structural analysis. The “9 Financial Good Fruits” included love, joy, peace, patience, kindness, goodness, faithfulness, gentleness, and self-control. The “4 Financial Abilities (4S)” were: Share, Save, Spend, and Smart. Event organizers felt that instilling these abilities and values into children’s hearts and minds would help them avoid getting sidetracked later on in life. ******************** Taiwan Church News is published weekly in Taiwan's local languages. You may translate and re-use our articles online only if you acknowledge the source as "Taiwan Church News" and list the names of the reporter and writer. Contact us before reprinting any of our articles for print publications. Direct comments and questions about this article to: enews@pctpress.org Visit our website for more news at: http://enews.pctpress.org/ (English) http://www.pctpress.org (Chinese) ********************