A BAKCYL dizziness in Podlasie schools

In February and March, as part of my voluntary work for Bank Polskiej Spółdzielczości S.A., I had the pleasure of carrying out educational activities as part of the project BAKCYL - a nationwide initiative to promote financial literacy among children and young people.

During two intensive days, I visited four schools in the Podlaskie Voivodeship at the invitation of the Cooperative Development Bank (SBR Bank). As many as 320 pupils in grades VI-VIIIwho actively participated in lessons entitled "From saving to investing".

What were we talking about?

During the activities, the students learned, among other things:

• How to use your personal account and payment card safely,
• How to recognise and understand basic financial concepts: saving, inflation, investing,
• what is the difference between deposits and stock market shares and what is the diversification,
• how it works Bank Guarantee Fund and what the capitalisation of interest means,
• How to recognise potential financial scams and avoid risky offers.

This is knowledge that every young person should acquire before making their first financial decisions.

Young investors - growing financial awareness

During the class, Norbert Włostowski from SBR Bank presented the students with the new youth account offer "Young investor", created with the youngest in mind. It includes, among other things, a welcome bonus and attractive deposit rates for parents - a concrete incentive to start managing money consciously from an early age.

Education that matters

We were surprised by the great activity of the children, their willingness to participate in the discussion and share their thoughts. Such meetings give hope that the younger generation will be better prepared to make responsible financial decisions.

I believe that educational projects such as BAKCYL or TalentSKO realistically support the development of young people's financial competence and will have an impact on the results of nationwide surveys of Poles' economic knowledge.