Editor’s Note
GEMS Education has partnered with UAE fintech platform Leap to launch a dedicated financial literacy program for its families. This initiative combines educational expertise with innovative financial tools, aiming to build students’ practical money skills and confidence through age-appropriate, home-based activities.
GEMS Education has teamed up with UAE fintech platform Leap to launch a joint financial literacy program tailored specifically for GEMS families. The collaboration unites GEMS’ expertise in education with Leap’s creative method to financial education, aiding students in cultivating vital money skills and initial financial confidence through realistic, age-suitable activities at home.
Accessible to children between 6 and 18 years old, the ‘Leap for GEMS’ app allows kids to understand earning, saving, and spending wisely with parental supervision. Families can convert routine moments like allowance, chores, and saving for goals into valuable lessons that foster long-term financial responsibility using a prepaid Visa card and an app.
The initiative demonstrates GEMS ongoing commitment to readying students for life after school by providing them with vital life skills that enhance standard curricula. By incorporating financial literacy into everyday family practices, the collaboration aids students in cultivating independence, responsibility, and positive money behaviors from a young age.
— Jay Varkey, GEMS Deputy CEO
Created with the needs of parents and children considered, the experience allows parents to maintain complete control, offering features to establish limits, supervise actions, and direct education, while children enjoy practical experience in handling money within a secure and interactive setting.
— Ziad Toqan, Leap Co-Founder and CEO
The co-branded ‘Leap for GEMS’ application is solely accessible to GEMS schools in the UAE. Parents can explore their school communication channels to find out how Leap can assist their family in fostering financially confident children.