Module 05 / 10 · 10 min

Savings

Learn why saving matters, where to save, and how to make a savings plan.

In this module you will learn to

Explain what saving is and why it is important
Recognize short-term and long-term saving goals
Compare formal, semi-formal and informal ways of saving
Choose a good place to save
Make a simple savings plan

Adapted from the Financial Education Module for the Youth and MSMEs (May 2024), published by the National Bank of Ethiopia and developed by St. Mary's University with First Consult, with support from the Mastercard Foundation. Read the full declaration and credits