Some schools in our Common Bond area participate in the School Savings Scheme. In some schools the volunteers collect children’s savings on a weekly basis. Some schools even have their own junior tellers, who record savings deposits and arrange for an adult volunteer to bank the collections. The young people who participate in the Schools Savings scheme are therefore learning the value of regular saving at an early age.
The school savers also have the advantage of having a pot of money that could pay for school trips, thereby taking the pressure of their parents or they have accumulated funds for holiday spending or buying that special something that they have had their eyes on