Posts

RICH VS POOR MINDSET: WHY IT MATTERS
Individuals with a rich mindset tend to have a positive attitude towards money and believe that there are plenty of resources and opportunities available to them. They are optimistic and view obstacles as opportunities to grow and learn,…

CHALLENGES FACING PHILANTHROPY AND THE WAY FORWARD
Philanthropy has long been seen as a potential solution to the persistent problem of poverty in Africa. However, despite significant investments in philanthropic efforts, poverty, and inequality continue to plague the continent. In this article,…

WHY I FOUNDED THE CAUSE CAPITALISM PHILOSOPHY
Failure of Capitalism
As the founder and CEO of the Goat Foundation and Financially Fit LLC, I have seen firsthand the challenges that the traditional capitalist system presents. The pursuit of profits has led to environmental degradation,…

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…