Retired Scotiabanker Touts ‘Relationships’

Tuesday, April 15, 2014

Anonymous said...: I wish banks had special days to present at our primary schools opportunities to participate in kiddie banking initiatives, lessons on the habit of savings etc.

Imagine if you will a kid in standard 4-6 presented with lessons from a real life banker even for a day in a year. And that bank making it possible for that kid to place all their petty cash 'gifts allowances in an account in their name -with parental collaboration.

As that child progressed and steadily becomes motivated by the power of their growing efforts at saving for the future- that habit will foster exponential economic insights in a progressive manner.

I recall reading some time back that the ordinary citizens of Europe had the highest percentage of annual income stashed in savings than any other region on the planet. I wonder what role early schooling on the subject and practice had to do with those results.

We would not have the current practices 0f shop then feast till both purse and belly dropped.

For sure we would not have a free fall economy awaiting stringent financial retrofitting customized by European agents- who, as children learned early on the economic values of savings accounts.; April 16, 2014 at 4:58 AM
Anonymous said...: I can only conclude that the comment by the second writer 'slipped' by the Editor(s). That was uncalled for given the positive nature of the first writer's opinion.; April 19, 2014 at 7:51 AM