Demal School Students Learn Smart Money Habits with First Bank, Chivita & Indomie.

On a crisp morning at Demal School in Ijede , Ikorodu, Lagos State, the Centre for Indigenous Knowledge, Development and Sustainability (CIKDAS) organised a vibrant Smart Money Habit Awareness event for students.

The air buzzed with excitement as Jumoke Owoola, representing CIKDAS, welcomed everyone with open arms, emphasising the importance of equipping young minds with financial wisdom in today’s fast-paced world. According to her, “Building smart money habits early is not just about saving money , it’s about shaping futures,” she said.

In collaboration with Lambell and Goldmark Ventures, the event featured Mr. Temitope Olatunji, a seasoned financial literacy advocate and school teacher, who took the stage to sensitise students on the power of saving. With engaging anecdotes and practical tips, he encouraged the students to view money management not as a chore, but as a superpower for achieving dreams.

He walked them through simple strategies like the 50-30-20 rule 50% for savings, 30% for fun, 10-20% for sharing, and sparked curiosity about exploring small businesses.

The school’s proprietor, Mr. Adebayo Olugbenga echoed this sentiment, stressing that instilling these habits early is a gift that lasts a lifetime.

“In a world of wants, it’s the ability to save that turns possibilities into realities,” he noted, urging students to be mindful of their choices.

The students were all ears, their faces lighting up as they absorbed concepts like budgeting allowances, starting piggy banks, and even dipping toes into mini-businesses.

“This is fun and useful!” one student exclaimed, voicing the collective delight of her peers. Some even shared plans to start selling crafts or tutoring younger kids, a testament to the seeds of entrepreneurship sowing.

The event was made even more delightful with generous support from First Bank, Indomie, and Chivita. Refreshments were served, interactive quizzes sparked laughter, and giveaways added a playful twist, turning learning into a memorable experience.

As the session wrapped up, CIKDAS handed out savings challenge cards, encouraging students to track their progress. With laughter, insights, and a newfound spark of financial curiosity, the students of Demal School, Ijede, Ikorodu, Lagos State stepped into a brighter tomorrow, ready to save, dream, and grow.

The advocacy, aimed at nurturing responsible and resourceful young Nigerians, marked a joyful start to a conversation that CIKDAS hopes to expand across more schools. After all, smart money habits are a stepping stone to bigger dreams.