BRINGING the globally-observed ‘Teach a Child to Save Day’ 2022 to Guyana, Outliers Zone, a local non-government organisation based in Georgetown, will begin its second Teach a Child to Save (TACTS) school tour on October 3, 2022, which will target 10,000 children

The organisation hopes to visit all three counties of Guyana, according to a press statement from the organisation.

The tour, which ends on November 4, 2022, aims to highlight the importance of teaching children not only about saving, but valuing, investing, earning, and donating money to become financially prudent teens and adults.

Celebrated on April 22 internationally, the theme for this year’s “Teach a Child to Save Day” was “Earn, Save, Donate, and Invest to grow my money from young.”

Outliers Zone Caribbean is a Financial Independence Retire Early (FIRE) Institute, dedicated to helping companies strengthen their employee’s money management skills to prepare for retirement with confidence.

The tour will consist of two-hour sessions at approximately 16 schools.?

The Chief Executive Officer (CEO) of Outliers Zone Caribbean, Athalyah Yisrael, explained that children think the purpose of money is to spend, but what their company does is teach children that the purpose of money is to earn more money.

Their sessions will teach children the value of money, she explained.

CEO Yisrael shared that most young children do not understand how money is made so the organisation will also teach children how money is earned.

She said that from their previous tour in 2019, some children have started businesses as well.

Since its launch in 2017, they have successfully managed to partner with 29 companies and train over 3,000 employees.

In 2019, their inaugural TACTS tour helped over 3,000 students from schools around Georgetown to get money smart.

Outliers Zone is extending the opportunity for companies to partner with them to teach 10,000 children to sponsor them for the vital habit of saving money to become money smart in Berbice, Linden, and Essequibo.

The TACTS is a campaign that highlights the importance of teaching children about saving, and thus helps them avoid the adult “paycheck-to-paycheck lifestyle.”

Yisrael said, in 2019, that she was one of those persons who lived from paycheck-to-paycheck, and that she felt she needed to find a solution.

“Since Outliers Zone was launched in 2017, we were able to help almost 1000 employees end this paycheck-to-paycheck lifestyle. In 2019, our focus is radical towards children,” she said.

She said ‘Outliers Zone’ is dedicated to helping companies provide financial wellness training for their employees to help them end the living from a paycheck-to-paycheck cycle, and start a sound financial base.