HSBC Bermuda Offers Financial Education Tools
HSBC Bermuda is offering free online resources on the Bank’s public website “designed to equip young people with the money management skills they will need to build their future financial confidence.”
A spokesperson said, “HSBC Bermuda is offering free online resources on the Bank’s public website to support families in teaching their children about financial literacy. These resources are designed to equip young people with the money management skills they will need to build their future financial confidence.
“Building on the recent launch of HSBC’s youth “My Savings” acount which rewards young savers, the Bank is introducing a Financial Education Hub to futher support children as they develop their financial literacy skills.
“The Financial Education Hub offers a series of educational videos, downloadable worksheets and other online resources aimed at young people up to age 16. These resources complement the wide range of helpful financial guidance and tools already on the Bank’s website, inclusive of investing calculators and articles on how to talk to kids about money.”
Tanya Bule Head of Wealth, Personal Banking and Marketing at HSBC Bermuda, shared: “Many parents have expressed a need for educational resources to help their children build financial capabilities in our changing world. On this basis we have made available a range of effective learning resources which are categorized by age groups and can be easily accessed anytime, to fit in with your day.
“Financial literacy is a critical life skill and our aim is to support families with fun, high-quality and easily digestible tools and resources.”
“What’s available now and where to find it:
- First Steps [ages 3 – 7]
- “Helping to build an understanding of the value of money and where it comes from.
- Developing Skills [ages 7 – 11]
- “Building financial skills to make decisions about money….and includes a virtual trip to the Antarctic!
- Smart Money [ages 11 – 16]
- “Helping independent young people take control of their money and manage their own finances.
“HSBC Bermuda will announce additional initiatives throughout the year to help further support young people in this way. For more information and access to the full range of learning resources which can be downloaded and used at home – visit the HSBC Financial Education Hub.”
