Pelican Invests’ Post

Addressing Scholarships’ Equity Problem A new Common App report highlights the challenge of getting scholarship money into the hands of those who need it most—and proposes solutions to make it happen. https://bit.ly/3zWaP0T

Imagine having an app that helps you do group susu! What actually is susujoint? Susujoint is the automation of traditional savings scheme in Ghana and other West African countries. Its a rotating savings and credit association where a group of people contribute a fixed amount of money at regular intervals, usually daily, weekly, monthly or yearly. Each member takes turns receiving the total contribution, which helps with financial support, savings, and loans. For example, lets say 10 friends form a susu group, contributing GHS10 daily. Each member would receive GHS100 (10 members x GHS10) every 10 days, which is the total contribution for that period. This way, susujoint(susu) provides an informal financial support system, fostering community and mutual aid. Note: To get onboard, you will need a one time fee of GHS2. Secondly, all current beneficiary of current funding or contribution can not fund themselves. Again, 5% swapping fee is charged on all assets swapped into wallet for withdrawal. Lastly, no fee charged for withdrawal Download from google playstore now! 👉 https://lnkd.in/ebP_BTwT

🎉 Happy International Youth Day! Observed since 2000, IYD is an opportunity to recognize the issues facing young people today and encourage youth to be engaged members of society. What a great time to empower your kids to be financially savvy! Here are some helpful tips on how you can teach your kids the value of money management: https://bit.ly/4csdA7s #InternationalYouthDay #FinancialLiteracy #Teachkidstosave

Bring their dreams to life! Every child deserves access to quality education to reach their full potential. Don’t hold them back. 🤗 Start an education trust today—visit investnow.ng or download the app to get started. #UnitedCapital #Trustees #EducationTrust

The updated version of the Raiz Kids feature allows parents to do the same thing for their children as it is designed to foster financial responsibility from a young age. https://lnkd.in/gjutMFP8

Imagine having an app that helps you do group susu! What actually is susujoint? Susujoint is the automation of traditional savings scheme in Ghana and other West African countries. Its a rotating savings and credit association where a group of people contribute a fixed amount of money at regular intervals, usually daily, weekly, monthly or yearly. Each member takes turns receiving the total contribution, which helps with financial support, savings, and loans. For example, lets say 10 friends form a susu group, contributing GHS10 daily. Each member would receive GHS100 (10 members x GHS10) every 10 days, which is the total contribution for that period. This way, susujoint(susu) provides an informal financial support system, fostering community and mutual aid. Note: To get onboard, you will need a one time fee of GHS2. Secondly, all current beneficiary of current funding or contribution can not fund themselves. Again, 5% swapping fee is charged on all assets swapped into wallet for withdrawal. Lastly, no fee charged for withdrawal Download from google playstore now! 👉 https://lnkd.in/ebP_BTwT

👉 Change a child's life today! 👉 Enroll them in Sammy Rabbit's Money School. FREE & family friendly Premium Memberships available. 👉 See Comment # 1 for fun and easy tips on teaching kids about money. 👉 Have a Sammyriffic Tuesday! https://lnkd.in/gySmJ9dp #financialliteracy #financialeducation #earlylearning

It's so inspiring to see young people diving headfirst into the world of finance! I wish I had a program like this when I was starting out. Giving students the tools to understand money early on is a game-changer. Let's keep empowering the next generation!💪 #YoungInvestors #FinancialLiteracy #QFGCultureChamp

Learning how to manage money isn't just for adults it's for us teens too! Programs like mine have taught youth to earn, save, budget, and invest wisely. Let's empower the next generation of investors and build a community of financially savvy teens. 💪🏾💸 #FinancialLiteracy #FutureInvestors #TeenFinance #Empowerment

📚 Today is Teach Children to Save Day, and we're here to support this educational initiative. 💡 Let's take this opportunity to teach kids the fundamentals of saving and financial responsibility. Here are some tips to get started: 🎯 Set Clear Goals: Help your child identify specific savings goals, whether it's for a toy, a gadget, or an experience like a trip. Having a clear target makes it easier for them to stay motivated. 📊 Make it Visual: Create a visual representation of their goals, such as a savings jar or a chart. This allows them to see their progress and encourages them to keep saving. 💰 Encourage Regular Saving: Encourage your child to save regularly, even if it's just a small amount each week or month. Consistent saving habits help reinforce the importance of financial discipline. ⌛ Teach Delayed Gratification: Use savings goals as an opportunity to teach your child about delayed gratification. Help them understand that waiting and saving for something they want can make it even more rewarding when they finally achieve it. 🍕 Offer Incentives: Consider offering incentives or matching contributions to their savings efforts. For example, you could match a portion of their savings or offer a small reward when they reach certain milestones. 🎉 Celebrate Achievements: Celebrate your child's savings milestones and achievements along the way. This helps reinforce positive saving behaviors and encourages them to continue setting and achieving their goals. 🏆 Let's empower the next generation with essential money management skills! Learn more about our Minor Savings account: https://lnkd.in/gFxzajka #TeachChildrenToSave #FinancialEducation #EmpoweringYouth #ElevateBank 👧👦