LETTER: Look after the cents ...

THERE is little doubt that Greg Ray was on the money when referring to changes in the way we now undertake our banking (‘‘Play with funny money’’, Herald 4/12).

 ATMs, eftpos and internet banking are rapidly becoming a preferred method to access and transfer funds.

However, while the way we access our money is changing, those fundamental principles of saving and financial literacy will always remain. 

Maitland Mutual Building Society continues to play a role in educating the region’s primary school children about these principles through the Bank@School program.

Today, students from 13 schools across Newcastle and the Hunter participate in the program, which teaches them about banking and encourages them to make regular savings deposits into their Mutual account from the convenience of their school.

And yes, we still provide children with a piggy bank to help with their savings at home.

The program has been running for more than eight years. With access to our funds being more convenient than ever, programs such as these remain as relevant and important for our children today as they were when introduced.

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