Introduce Children To Allowances To Encourage Early Saving

Basseterre, St. Kitts, June 16th, 2020 (ZIZ News)

By: Chaïra Flanders

Financial Advisor at Sagicor Life Inc, Quinn Martin is advising parents to introduce their children to allowances at an early stage in their lives to encourage healthy saving habits before adulthood.

Mr. Martin was at the time sharing tips on a recent episode of ECCB Connects.

He said a child’s saving habits can help them gain a better understanding of how to budget. This is he says gives them a head start later in their young adult life.

The “ECCB Connects” online program is hosted weekly by Corporate Relations Officer, Karina Phillips-Somersall in the Corporate Relations Department at the Eastern Caribbean Central Bank and can also be seen via ZIZ TV on Wednesdays at 12:45pm and on Saturdays at 8:15pm.