Youth Financial Education Programme officially launched

Empower your future: exciting launch of youth financial education program

The kick-off ceremony of the Youth Financial Education Programme, launched by the Home and Youth Affairs Bureau (HYAB) and the Investor and Financial Education Council (IFEC), was held today (May 21).

To assist with the development of young people, the Chief Executive announced in the 2023 Policy Address that the Government will launch a pilot scheme to provide young people with financial planning and counselling services as well as information on financial management, saving and investment that suits individual needs. On a pilot basis, the Youth Financial Education Programme will be implemented at the five youth hostels under the Youth Hostel Scheme to help young people with developing an effective financial management plan.

Speaking at the ceremony, the Secretary for Home and Youth Affairs, Miss Alice Mak, said that the HYAB and the IFEC will introduce a series of online resources and activities through the Youth Financial Education Programme in the coming months, including story-telling sessions on financial planning and interactive learning activities. The programme aims to help young people customise their own financial plans and goals, so that they will develop good habits for managing personal finances and investment. She said she hopes that young people would utilise the financial education resources to actively enhance their knowledge, attitude and ability in personal finance management during their stay in the youth hostels, and engage in personal financial planning as well as life planning. She expressed her gratitude towards the IFEC and the operators of the youth hostels for collaborating with the HYAB in organising the programme.

After the kick-off ceremony, Miss Mak participated in the first story-telling session on financial planning with the guests and youth tenants.

Other officiating guests of the kick-off ceremony included the Under Secretary for Home and Youth Affairs, Mr Clarence Leung; the Commissioner for Youth, Mr Eric Chan; the General Manager of the IFEC, Ms Dora Li; and former Chairman of the Hong Kong Investment Funds Association Mr Bruno Lee. Representatives from various organisations participating in the Youth Hostel Scheme also attended the event.

Youth Financial Education Programme officially launched Source: HKSAR Government Press Releases

Youth Financial Education Programme officially launched Source: HKSAR Government Press Releases

Youth Financial Education Programme officially launched Source: HKSAR Government Press Releases

Territory-wide flag day today

Hong Kong Association of Youth Development has been issued a Public Subscription Permit to hold a territory-wide flag sale from 7am to 12.30pm today (July 27), a spokesman for the Social Welfare Department (SWD) said.

Details of the charitable fund-raising activities, including any updated information, covered by the issued Public Subscription Permits have been published on the GovHK website (www.gov.hk/en/theme/fundraising/search). Permits for flag days containing information on contact methods of the flag-selling organisations and the approved flag-selling activities have also been uploaded to the SWD's website (www.swd.gov.hk/en/ngo/controlofc/flagdays) for reference. For enquiries, please call the SWD's hotline at 2343 2255, or the designated hotline of the 1823 Call Centre at 3142 2678.

In the case of suspected fraudulent flag day activities, people should not make any donation and should immediately report the matter to the Police, the spokesman added.

Source: AI-generated images