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Using Technology to Promote the Financial Capability of Young People

Using Technology to Promote the Financial Capability of Young People 2013 Global Youth Economic Opportunities Conference. Remote Savings Mobilization. Young person provides ID and amount to be deposited. Handheld printer prints out a receipt of the deposit for the youth and the agent.

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Using Technology to Promote the Financial Capability of Young People

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  1. Using Technology to • Promote the Financial Capability of Young People • 2013 Global Youth Economic Opportunities Conference

  2. Remote Savings Mobilization Young person provides ID and amount to be deposited Handheld printer prints out a receipt of the deposit for the youth and the agent Agent verifies information and enters data remotely through a SmartPhone

  3. Text Messaging • You don’t have money to save? Put aside 25 cents per day and the end of the week you’ll have $1.50. • How much do you spend on soda and candy? A lot! Save that money and buy yourself something special in six months! • Make a monthly budget to manage your income and expenses. And you’ll find out how much you can save.

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