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.

       



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