Since 2010, only four state governments and a handful of private companies have stepped forward to give monetary contributions to the education savings plans of newly born babies.
Moreover, as children tend to learn by example, encouraging healthy saving habits among parents can also help inculcate financial literacy and planning skills in the next generation, especially if learnt during their formative years. The Jelajah SSPN programme registered 11,033 new accounts and deposits amounting to RM1,786,445 during the August to September period.
“We opened accounts worth RM100 each for their benefit during this period, ” she said, adding that more than RM800,000 was spent for the savings of new depositors as part of their CSR initiative. Earlier this month, it held a three-day Minggu Menabung SSPN 2019 at Aeon Mall in Shah Alam from Oct 4 to 6.
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Source: malaysiakini - 🏆 20. / 51 Read more »