BY GEORGINA KEKEA
TODAY marks Money Smart Day in Solomon Islands.
The event is a rebrand of the Central Bank of Solomon Islands (CBSI) to promote financial literacy in the country and to promote child and youth financial education.
On this occasion, commercial banks and financial institutions and NGOs is setting up their booths at the SINPF recreational compound in Town Ground.
The main goal of this day is to educate our young people to learn and develop personal financial management skills and behavior, including good habits related to dealing with money.
At the same time, ANZ Bank with support of the Pacific Financial Inclusion Programme (PFIP) has been promoting its ‘GO MONEY’ platform to the populace of Honiara through various locations since its inception.
ANZ goMoney is a mobile banking service that allows customers to access their ANZ accounts securely from their mobile phone.
The functions of goMoney includes cash withdrawals, or deposits at any ANZ goMoney merchant, transfer money to another ANZ customer, transfer money between linked ANZ accounts but to name a few.
While there are different services available through the goMoney scheme, one of the most recent services provided by ANZ bank is the platform available for parents to pay for their children’s school fees.
Now, with goMoney, parents can pay school fees conveniently and currently this platform is active for a few schools in Honiara.
Future plans are to roll out this platform to the rest of the country.
With this platform, parents do not physically need to go to schools to pay school fees but they can pay their children’s school fees through this goMoney platform.
For the Money Smart Day activity, ANZ bank is also supporting this activity to educate our Youths, children and young people on the need to be money minded and to raise awareness on how to be a good entrepreneur.
In a previous Money Smart Day event, the Governor of CBSI, Denton Rarawa has said that it is time for everyone, “the government, financial institutions, schools teachers, parents and family to empower our children and youth with knowledge and experience to participate in resource saving habits and avoid habits that can incur costs”.
The theme for this year’s Money Smart day is ‘Money Matters Matter’.
The theme was adopted from the Global Money Week 2018. Global Money Week (GMW) is an annual money awareness campaign built to inspire our children and young people to learn more about money matters and entrepreneurship.