Talk money to me

2015-06-11 06:01
PHOTO: Sophie Thompson

Lerato Cele gears up to ‘talk money’ in the 20th annual speech contest on finance.

PHOTO: Sophie Thompson Lerato Cele gears up to ‘talk money’ in the 20th annual speech contest on finance.

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“Talk Money” is the theme for a speech contest for teenagers where Grade 11 pupils who love mathematics, money and people, can win a bursary to study finance among other great prizes.

The Financial Practitioners Development Trust, in partnership with the KZN Financial Literacy Association and the KZN Department of Education, has joined forces to help promote financial literacy in our next generation of decision-makers by running the 20th annual speech contest on finance.

The competition will take place for pupils in KZN with the school’s finals being held on 26 June in the participating districts.

The contest is open to all Grade 11 KZN pupils who take mathematics and a minimum of two business commerce and management (BCM) subjects, which include accounting, business studies and economics.

Entrants, and their schools, stand a chance of winning laptops, Tablets, data projectors and stationery.

The grand prize includes a bursary to study towards a Bachelor of Commerce Finance degree, which covers tuition fees for the duration of the degree, sponsored by the Financial Planning Institute.

This project aims to improve financial literacy in schools and create awareness around consumer rights and available support systems.

Introducing the concept of insurance as an investment for all individuals is an important message of the campaign.

It is a belief of KZN Financial Literacy Association that it is better to teach people financial literacy while still young - in this way the youth can share their knowledge with parents and friends and develop good financial habits during their formative years.

The competition hopes to promote and attract pupils to careers in the financial services industry, whilst also encouraging the prospect of entrepreneurship.

The process of researching, writing and delivering these speeches will be an efficient way to integrate the theory and practice of financial literacy and better equip the youth in shaping a secure financial future.

Pupils can choose from a list of topics which include “Planning my financial future, who can help me?”, “I wanna make my own money, my own way”, and “So, you want to sell me a financial product?”

The winners will then go through further rounds of adjudication until they reach the provincial finals, which will be held on 23 October.

Following the provincial finals, the top three pupils from KZN will battle it out at the bi-provincial finals on 6 November.

Accommodation and transport for finalists will be funded by the Financial Practitioners Development Trust and the Curriculum Grades 10-12 directorate at head office to ensure a fair process for all candidates.

The co-ordinator of the Ugu district is T. Msomi. Contact her on 083 379 2888 or email - Supplied

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