RBA goes after young minds with curriculum

Retirement Benefits Authority (RBA) is in the process of developing a financial literacy curriculum for schools to inculcate a saving culture at an early stage. The Authority said the initiative is part of its wider strategies to transform society mindset from spending to a saving culture.

 “We realise that changing attitude is a long process that must start at an early age. Teaching children the value of saving at a tender age will play a bigger role in inculcating a saving culture in them,” said the Retirement Benefits Authority chairman Justus M’Igweta.

He said the curriculum would be developed in conjunction with the Central Bank of Kenya, Capital Markets Authority and the Insurance Regulatory Authority, and would be infused in the existing school curricula.