Welcome to YouthSave

Image courtesy of Save the Children

Welcome to YouthSave, a project dedicated to developing and testing savings products accessible to low-income youth in Colombia, Ghana, Kenya, and Nepal. Through this website the YouthSave Consortium will share lessons and build awareness about its work while providing broader information on youth savings accounts around the globe. We encourage you to explore the shared knowledge provided on this website and stay connected with us through this exciting journey. To learn more about YouthSave click here

Blog Post: Towards a New Model for International Research Collaboration: Reflections on the April YouthSave Research Advisory Council Convening and Symposium

Picture taken during the panel on "Building International Research Partnerships", in which each of the YouthSave research partners shared their perspectives. 

By Julia Stevens and Li Zou, Center for Social Development

On April 17, 2012, a Symposium on International Research and Innovation at Washington University in St. Louis highlighted the experiences and insights of the international research partners in YouthSave. The event, which was hosted by the Center for Social Development at Washington University’s Brown School, drew an engaged audience of students, researchers, and program representatives with interests in international research and collaboration.

Blog Post: Savings Song Launches YouthSave's Financial Education Workshops in Colombia

Image provided by Save the Children Colombia.

By Alejandra Montes Saenz, Save the Children Colombia

As part of the overall Financial Capability strategy for Colombia, Save the Children has conducted several launch events in the same schools where the implementation of the financial capability workshops will take place. The overall goal of these events is to gather the students, teachers and school staff and encourage them to start thinking about the importance of saving as a mechanism for young people to achieve their goals and dreams. We used ‘edutainment’ strategies—different forms of entertainment to deliver educational messages—to develop a fun and interactive design for the youths’ first encounter to financial capability topics, so that positive expectations could be built around the upcoming financial capability workshops.

Blog Post: Evaluating School-Based Financial Education Programs: What Can We Learn from Field Evidence?

Image from: Flickr.com/photos/treesftf

By Rodrigo Sermeno, New America Foundation

Recently, I attended “Conversations that Build and Strengthen Youth Economic Opportunities” hosted by Making Cents International. The event featured Hidde van der Veer of Aflatoun, a Dutch NGO providing social and financial education to children, and Aishwarya Lakshmi Ratan of  Innovations for Poverty Action (IPA), an organization dedicated to discovering what works for the world’s poor. The speakers shared the preliminary results of their RCT evaluation of the efficacy of school-based financial education programs in Ghana, a country where YouthSave also operates. While their research measured only the short-term effects of these interventions, it nonetheless offers valuable insights into youth labor market participation, risk taking, and most importantly, savings behaviors and attitudes.

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