
LESSONS FROM MY EARLY YEARS
How To Hit the Ground Running
As an entrepreneur, I have learned many valuable business lessons throughout my early years in the industry. The first and most important lesson is that having a clear vision and mission statement is crucial…

THE SUCCESS YARDSTICK
Success is a concept that is often associated with material wealth, power, and status. However, the true measure of success is not in how much one has accomplished, but in the kind of person they have become and the impact one has on people's…

ENSURING THE EFFECTIVENESS OF FINANCIAL LITERACY PROGRAMS
Financial literacy is a complex topic that varies with regional and demographic contexts. Before putting on financial literacy training it is important to study the level of financial literacy across different groups. Targeted financial education…

THE NEED FOR FINANCIAL EDUCATION AND FINANCIAL LITERACY
Throughout their lifetime, individuals today are more responsible for their personal finances than ever before. With life expectancies rising, pension and social welfare systems are being strained. In many countries, employer-sponsored…

DOES FINANCIAL LITERACY MATTER FOR DEVELOPED COUNTRIES?
The global financial crisis highlighted the importance of financial literacy and capability because the lack of consumer knowledge played a role in the genesis of the crisis. To become more active and confident participants in the…

THE ROLE PLAYED BY FINANCIAL LITERACY IN FINANCIAL INCLUSION AND CLIENT PROTECTION
Ensuring competent, timely, and unrestrained access to public goods and services is the quintessence of an open and efficient society. As financial products and services, especially banking services, are considered public goods and services,…

HOW I ALMOST WENT FROM A JET-SETTING MILLIONAIRE TO A PAUPER
HOW PROCRASTINATION ALMOST TURNED ME INTO A PAUPER
It is common knowledge that we always know the right thing to do in most circumstances. What we lack is the willpower and resolve to carry out the decisions. After my university studies, I…

HOW CASH FLOW MANAGEMENT PROVED TO BE A TURNING POINT IN MY LIFE
After graduating, I was lucky to be hired as a medical representative for an international pharmaceutical. This was a time when a majority of my peers whom I went to school with were still attending interviews and getting rejected. The aura…

FINANCIAL LITERACY AND POVERTY REDUCTION
Poverty Reduction
Poverty reduction programs that have been implemented in many countries exhibited some changes, but poverty still remains a challenge to many developing countries. There is evidence showing that a lack of financial literacy…

FINANCIAL LITERACY IN DEVELOPING COUNTRIES
A multitude of policies and programs have been implemented with the hope of reducing daunting poverty in Africa. Financial literacy education plays a major role in poverty reduction and sustainable economic growth by enhancing outcomes of…