Westminster Savings working with Maple Ridge, Pitt Meadows youth to increase financial literacy

Surrey, B.C. – Tuesday, March 26, 2019 — From simpler tasks like keeping track of money to more complex matters like financing or starting a small business, Canadian youth are keen to learn about money management, according to a Canadian Foundation for Economic Education survey.

To help youth become more money-savvy, Westminster Savings Credit Union (WSCU) has partnered with Empower a Youth, a program to give youth understanding of real-life financial situations through mentorship, leadership and financial literacy. Young people are often lacking the basic skills to navigate their finances, says Empower a Youth’s Founder and CEO Jesse Sidhu.

“As our high school students become financially independent, having a solid foundation regarding financial concepts is integral,” says Sidhu. “We are more than excited to have Westminster Savings Credit Union as our title community sponsor for this pilot. It is extremely important for us to partner with a community-based organization that wants to invest back into the community, and has a strong desire to educate youth in financial literacy.”

The program begins in Maple Ridge and Pitt Meadows schools in April and will help youth become more financially and socially responsible by providing money management tools and school-based lessons. Discussion topics include tax basics, paycheque management, why credit matters, budgeting managing debt, and more.

“Through this program, we will help prepare young people to plan to build a prosperous financial future and to give them the confidence to make sound financial decisions at every stage of life,” says Maury Kask, chief customer experience officer for Westminster Savings. “We are very proud to partner with Empower a Youth to introduce this financial literacy program that helps children and youth in Maple Ridge and Pitt Meadows with money management skills that they’ll need throughout their lives.”

For more information about Empower a Youth, please visit their website.

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For more information:

Jeff McDonald
Manager, Corporate and Internal Communications
t. 604-549-2566 or c. 778-875-2574
jmcdonald@wscu.com