Nigeria’s digital payment service bank, 9 Payment Service Bank (9PSB), has taken financial literacy and career mentorship to Solid Teens Foundation to enlighten teenagers on career trajectory and investment options as part of its financial inclusion drive.
The 2023 youth camp held in Abeokuta, was aimed at equipping the youth with basic financial knowledge on how to take the right decisions in choosing a career in their future endeavours.
“There is no shortcut to making money, people who take the shortcut to make money do not end well. The proceeds from your investment can be used to meet personal needs or contribute to the development of your community through personal donations to the less privileged,” Kunle Isiaka, head, sales, strategic partnership and distribution, 9PSB, said in a lecture titled, ‘money circle’.
Read also: How financial literacy enables stability in emerging economies QNET
According to him, financial literacy is key to making informed decisions on matters relating to earnings, savings and investment.
Isiaka said that teenagers must learn to earn money legally through paid employment or personal business, on the back of making informed investment decisions.
He further urged the participants to learn the culture of savings, and make sure that a certain percentage of their earnings are saved; spend wisely, just as they decide on the kind of investment they want to put their money into, which could be short-term or long-term investment.
Alex Ohai, head, human resources, 9PSB, while highlighting the need for mentorship in choosing a career, urged the participants to always seek mentors who will guide, plan, and see them through, as they navigate through the process of choosing a profession or trade for themselves in the future.
“In the journey of self-discovery, it is important you do introspection, self-assessment and do a continuous personality check,” said Ohai, who was represented by Okechukwu Efuribe, senior human resources advisor, 9PSB.
Read also: United Capital empowers youth with financial literacy
The Solid Teens & Youth Initiative is a not-for-profit organization founded with the aim to create a safe space for teens to have full expression and discovery of their identity in Christ.
Established in 1991, the Foundation empowers stakeholders in the lift of teenagers with the knowledge, tools, and resources to help them reach out effectively to young people.
The foundation offers mission services, capacity building, (including teaching, training, and workshops) as well as teens’ camp, to help guide, teach and add much-needed knowledge and skill to the zeal of young people to become better and morally sound adults in the society.
