New Book Launched to Teach Kids Budgeting

Jacito Learns to Budget by Education Director at Holy Redeemer Credit Union, Dr. Carol Babb, joined the Jacito Learns Financial Literacy series on Saturday at the Holy Redeemer Credit Union Office in Belize City. The third book launched in the series continues Dr. Babb’s mission to equip children with the essential skill of managing money and provide young readers the tools to make smart financial decisions. 

“Financial literacy… is extremely important if we want to ensure that our economy grows and that our people are productive,” said Dr. Babb. “The cure for that [financial wellness] is financial literacy.”

The Jacito series started with Jacito Learns to Save, where Jacito learns the value of working for what he wants, and followed with Jacito Opens an Account at HRCU, which encourages financial independence. In this new book, Jacito goes deeper into budgeting.

Gemayel Babb, Executive Director of the Belize Credit Union League, explained how the book introduces more complex financial concepts like the difference between “wants and needs” and the basics of income and expenses.