Background of the Project:
With funding support from Hang Seng Bank (HASE), the EYT project is a groundbreaking initiative aimed at addressing the financial education needs of both the elderly and young adults in Hong Kong. In this dynamic city, the elderly population faces challenges such as financial frauds and concerns about pension shortfalls, while young adults struggle with inadequate long-term financial planning and difficulties in covering living expenses. Furthermore, there is a noticeable lack of interaction between generations, leading to a pressing need to promote inter-generational harmony. Startling statistics from the Hong Kong population census reveal that approximately 40% of the elderly population (65 or above) do not live with their children, with 15.7% of them living alone. The EYT project seeks to bridge this gap by training students to assist elderly individuals in enhancing their financial knowledge.
The EYT project aims to address the financial education needs of both the elderly and young adults in Hong Kong. The EYT project is designed to train students to help elderly individuals enhance their financial knowledge and promote engagement between the two generations.