An investment for the future: Hawaii kids learn about financial literacy

Updated: Apr. 21, 2018 at 8:08 PM HST
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HONOLULU (HawaiiNewsNow) - A campaign to teach the youth of Hawaii and other Pacific islands to save money kicked off Friday in Kalihi.

Students at Princess Victoria Kaiulani Elementary School received money management lessons from Bank of Hawaii volunteers as part of Teach Children to Save Day.

"We know that recycling, saving a nickel a day, a quarter a day all adds up. Letting our students know that these kinds of things, theses kinds of practices, these kind of habits, will make a difference in the long run. It needs to start right here," the school's principal Jill Texeira said.

This month, more than 150 bank volunteers went into schools across the state to teach financial literacy. Six Oahu schools and 19 other neighbor island campuses held the program for their students so far.

"We find children that know about saving have a higher propensity to attend college in their later years," Timothy Chang, Sr. VP, Kalihi Market Manager for Bank Of Hawaii said. "We think it's a really good investment in our community."

Across the Pacific, 15 other schools in American Samoa, Guam, Saipan and Palau have also taken part in the campaign.

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