Beyond Capital Gains: The Multiplier Effect of Youth Savings

Monica Sharma, New America Foundation
Friday, July 27, 2012

"This idea of asset building as a trigger for increased productivity and earning potential is powerful, and is yet another counter to critics of financial inclusion and savings programs, who claim that there is little benefit from these initiatives due to the inherent financial constraints of the poor."

Youth and Their Money: New Insights on the Financial Lives of Youth in Developing Countries


A third of the global population today is under the age of 19, with 90 percent of these young people living in developing countries and 45 percent living on less than $2 a day. More than ever, young people need the tools to manage their financial lives and, especially,  accumulate savings -- opening up economic opportunities and impacting their attitudes and behaviors over the course of their lives.

New Market Research Paper on Youth Demand for Savings Services Released

Rani Deshpande, Save the Children
Wednesday, July 25, 2012




"These findings indicate an opportunity for banks to offer young people savings instruments that provide more security than informal mechanisms, while getting the level of 'practical liquidity' – that is, a combination of product features and physical accessibility – just right.  This should be enough to enable emergency access, but not so much that it discourages longer-term asset accumulation."


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