2024-03-17

GMW (Global Money Week 2024) and Online Essay Competition

Global Money Week (GMW) 2024 is an annual global event that empowers young people with the knowledge and skills they need to make informed financial decisions, setting them on the path to a secure and prosperous future. We are proud to join the worldwide movement to promote financial literacy and inclusion among the youth.

Who organizes Global Money Week and when?

Global Money Week is an initiative led by the Child and Youth Finance International (CYFI) organization, aimed at raising awareness about the importance of financial education for children and youth. During GMW, young people from over 175 countries participate in a variety of activities, workshops, and events focused on learning about money management, saving, budgeting, entrepreneurship, and more.

This event takes place annually during the 2^nd week of March. The recent one took place on March 26^th, 2023.

MyPay's Role in GMW 2024:

As a leading digital wallet provider in Nepal, MyPay is committed to supporting GMW 2024 and empowering the youth of Nepal with essential financial skills. Throughout the week, we will be organizing a series of educational webinars, interactive workshops, and fun activities to engage young people and teach them about the fundamentals of personal finance.

Why Financial Literacy Matters:

Financial literacy is an important life skill that lays the foundation for economic stability and independence. By empowering young people with financial knowledge, we can help them make better decisions, and avoid debt. As well as build a brighter future for themselves and their families. Through initiatives like GMW, we can inspire a new generation of financially intelligent individuals who are equipped to navigate the complexities of the modern world.

We believe that every young person deserves access to quality financial education. By participating in Global Money Week 2024 or World Money Week, we are repeating our commitment to promoting financial literacy in Nepal. Together we can help unlock the potential of our youth and empower them to achieve financial freedom and success.

Join us in celebrating Global Money Week 2024 and together, let's build a brighter financial future for Nepal's youth!

Key Activities Planned:

Saving Campaign: we teach young individuals about the importance of early savings. The habit of early saving can help in unexpected situations and early financial freedom as well.

Online Essay Writing Competitions:

To make learning fun, we organize online essay competitions with exciting prizes which include Rs. 500 to 2 winners & Rs. 2,000 as a Bumper prize to 1 winner .

Other Gift Hamper of Campaign: We provide a 10% discount Food Voucher Coupon of Radhe Radhe Sweets to all participants who participated to raise awareness about GMW and share useful tips and resources for young people to improve their financial literacy.

Essay Topic:

Protect your Money, Secure your future.

How to Submit an Essay and Participate:

1. Open MyPay App or Web Version
2. Click on Registration (Featured Service)
3. Click on the Banner of Online Essay Competition.
4. Fill in the details and attach the file of Essay.
5. Click on Submit

Terms and Conditions Related to Campaign:

• Campaigns are open to all MyPay users, including new customers and agents. (KYC must be verified.)
• The campaign period runs from March 18 to March 24, 2024 (Chaitra 5 to Chaitra 11, 2080).
• Winner will be declared on 31^st March.
• Everyone who has participated in the campaign will get 10% Discount voucher coupon of Radhe Radhe Sweets.
• At the end of the campaign, 2 winners will get Rs. 500 wallet balance and as a Bumper Prize, one lucky winner will be selected and will win Rs. 2000 wallet balance.
• Eligibility for Prizes: To qualify for the winning the prize, participants must be a MyPay Wallet user.
• Essay must be of 200 to 300 words.
• Plagiarized entries will be disqualified.
• Essays will be evaluated based on originality, clarity, coherence, relevance to the theme, creativity, and adherence to the submission guidelines.
• MyPay reserves the right to disqualify any participant who violates the terms and conditions or engages in fraudulent activities.
• MyPay reserves the right to review and/or cancel the offer in case of suspicious activity or events beyond its control.
• MyPay reserves the right at all times to modify or amend the terms and conditions of this offer or cancel it with immediate effect without giving any prior notice to any party.
• The prize is non-transferable and cannot be exchanged for cash or other benefits.
• By participating, users grant MyPay the right to use their names and photos for promotional purposes.
• MyPay's decision regarding the winners and the contest shall be final and binding.