It is incredible that Generation Z already wants to know how to earn and how to spend money, what is income and expenses, credit and deposit, and other banking services. Preschool and primary school children are interested in attending JuniorBank School, as they would like to learn how to correctly earn money by means of a computer, to find out what the bank is, what services it offers and how they can be used on a daily basis. Given the desires and interests of Generation Z, it is understandable why the gap between this and older generations has increased so rapidly in recent years, especially in the preschool and primary school periods.
Graduates of JuniorBank School shared their experience before Christmas:
Artjoms (9 years): “I came to the JuniorBank School to learn how to earn money using a computer. During lectures, I learned about different banks. I realised that a person should not be greedy, but rather be able to earn and save money”.
Roberts (8 years): “I came to school because I wanted to learn something new. I wanted to know about income and expenses. I learned how to spend and how not to spend money”.
Artjoms (8.5 years): “I am interested in how banks work. I wanted to learn how to plan income and expenses correctly. I learned about the bank and its services”.
Vladimir at the age of 7 says briefly that he came to JuniorBank School to learn what money is and how to spend it. At school, he learned how to spare (save) money.
Sofija (7 years) attended JuniorBank School because she wanted to know more about the bank and its products, such as credit. She learned both about credits and deposits.
Head of JuniorBank School Anna Svarena shares her thoughts:
“Generation Z is so different! They want to learn and to know how to earn money, what is income and expenses, banks, credits, etc. Saving money and deposits were a novelty to some of them, and they learned about it with great interest. They are the curious generation that can be accessed through their interests; therefore, it is necessary to change the teaching approach, also in the education sector.
Children of Generation Z (born between 2001 and 2012) are no longer the generation that will sit at school desk and do everything the teacher says without question. They will doubt, ask questions, and ask for arguments.
They are also called the online generation because they are connected 24 hours a day, 7 days a week, and are therefore able to find information quickly and efficiently”.
As from 2011, more than 700 students have graduated from the JuniorBank school. The majority of graduates are aged 10 to 13. The youngest one is aged 7, the oldest ones – aged 17.
The set of lectures at JuniorBank familiarises with the bank activities, with the products, technologies and professions of the bank, with the family budget formation principles and with the basics of business activity. The acquired knowledge is enhanced through passing tests.