Volvo Financial announces financial education programs for young people

Volvo Financial announces financial education programs for young people

sent on 07/09/2022 18:38

(credit: NEWS)

Volvo Financial Services (VFS) announced this Wednesday (7/9) that it is investing in teaching financial skills to young people in nine countries, including Brazil, through an international partnership with Junior Achievement Worldwide. In this partnership, VFS volunteers will team up with JA educators to empower the next generation with the financial literacy and skills needed for future success and independence. Individual programs in nine countries begin this month.

“Today’s youth are tomorrow’s leaders, and we want to do our part to ensure they have the skills to make sound financial decisions as they reach adulthood,” said VFS President Marcio Pedroso. “We are excited to partner with JA to combine our financial expertise with their educational experience and help make an impact in the lives of children around the world.”

VFS volunteers will collaborate with JA educators in Brazil, France, India, Italy, Peru, South Africa, Spain, England and the United States in the communities where VFS staff live and work. Together, they will teach youth several important financial skills, such as setting personal financial goals, creating a savings plan, and budgeting effectively. In addition, young participants will have the opportunity to get to know each other directly about the fields of the transport sector and the equipment that VFS provides services.

This investment is fully in line with the Volvo Group’s overall sustainability goals, which include a commitment to the 17 United Nations Sustainable Development Goals (SDGs). Building strong financial literacy will have a positive impact on several SDGs, including helping to end poverty, supporting quality education, empowering women and girls, and more.

“We are grateful to partners like Volvo Financial Services who share our mission and take responsibility to ensure that more young people get the quality learning experiences they need and deserve,” said Asheesh Advani, CEO of JA Worldwide. “By giving young people access to financial literacy, we can help them move towards a better financial future.”

JA is a global leader in youth development, focusing on financial literacy, workforce preparation and entrepreneurship. Reaching more than 12 million young people each year, JA Worldwide provides practical, comprehensive training in career readiness, financial health, entrepreneurship, sustainability, STEM, economics, citizenship, ethics and more.

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