Hanoi primary pupils educated on money management hinh anh 1Illustrative photo. (Photo: VNA)

A programme to provide primary pupils with basic money management skills was launched by Prudential Vietnam and the Hanoi Department of Education on October 29.

The first event of its kind in Vietnam, the “Cha-Ching Programme” is designed to help pupils aged between 7-12 build long-term financial resilience to realise their goals and dreams.

It aims to respond to key discoveries from the Prudential Life Insurance’s initiative throughout Asia, which shows only 13 percent of parents believe that their children have money management skills though up to 96 percent of them consider it is necessary for their children to be equipped with such capabilities.

Through various methods, the programme teaches primary pupils to understand four basic concepts in financial management: earn, save, spend and donate.

It is expected to benefit over 50,000 students at 40 primary schools in Hanoi.-VNA