The world is rapidly changing and becoming increasingly digital. This shift has touched almost every industry, and banking is no exception. Today customers expect the same level of convenience and accessibility from the financial services they get from other online services. To meet these demands and stay competitive, banking institutions are facing the need for digital transformation.
In response to this need, PrimeOne School (POS) organized a class trip to Mayapada Bank, Medan for the students of grades IX. This aim was to help the students of the school learn life skills, work skills, and financial self-sufficiency.
The activities they were involved in during the trip included an introduction to financial literacy and quizzes, extensive discussions about expenses and financial instruments following a talk made by the head of the bank department and the branch manager. Through the class trip, the school intends to teach students about a variety of topics from basic banking to entrepreneurial skills and small business concerns.
This class trip will definitely increase students’ knowledge on how to handle cash. Financial literacy for children is to ensure that the students are educated on the best way to manage finances. This is a way of securing their future. This helps them spend wisely at all times. This class trip was also an attempt to teach students how mathematical skills and the logical ability are applied in everyday life.