Learning about money from a young age is one of the most valuable skills a person can develop. Financial capability means understanding how to manage money wisely, how to budget, save, spend, and plan for the future. When young people gain this knowledge early, they are better prepared to make smart decisions throughout their lives.
Good financial habits formed in youth can last a lifetime. For example, understanding the importance of saving can help a teenager set aside money for future goals like education, travel, or a first car. Learning how to create and stick to a budget also builds discipline and teaches responsibility.
Young people who understand financial concepts are less likely to fall into debt or make poor money choices. They also gain confidence and independence, which are essential as they grow older and begin to face real-world challenges, like managing bills or handling unexpected expenses.
In today’s world, where financial mistakes can be costly, financial capability is more important than ever. By learning early, young people give themselves the best chance at a secure, successful future. It’s not just about money; it’s about building a life with confidence and control.
To support this, Ġemma offers financial literacy sessions through Klabb 3–16, helping children develop life skills in a supportive environment. Financial literacy sessions have also been offered and held in church and independent schools, and Ġemma aspires to offer financial literacy to all students across the islands. Additionally, Ġemma distributes two free storybooks to introduce financial concepts in a fun, age-appropriate way: Kejkijiet tal-Karrotti u Fwejjaħ ta’ Ward (ages 5–7) and Kollox Barra Bebbux (ages 8–11). These resources complement what children learn through the sessions and encourage families to start important conversations about money.