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Financial literacy is a complex topic that varies with regional and demographic contexts.
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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…
Skills are becoming more critical, leading to divergence in wages between those with a college education, or higher, and those with lower levels of education.
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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…
Consumers need awareness, understanding, and knowledge about various types of rapidly evolving financial products and services.
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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…
Financial literacy training improves financial knowledge but has a lower impact on financial behaviors,
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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,…
The more you spend on unnecessary purchases, the further you dig yourself into a debt hole.
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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…
Are you operating without an emergency fund?
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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…
Accelerating Poverty Reduction in Africa:
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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…
GOAL STEPS
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WHAT IS YOUR FINANCIAL THERMOSTAT?

DETERMINE YOUR FINANCIAL COMFORT ZONE We choose our level and limits of financial success by our level of comfort. In other words, we set our level of financial success or failure just as we would set a thermostat that regulates our heater…
Cultivate your personal brand with skill
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HOW TO CULTIVATE YOUR PERSONAL BRAND

As you move into your entrepreneurial venture it is important that you cultivate your personal brand and become a thought leader in a specific area of expertise. Being a jack of all trades makes you a very small numerator with a very huge denominator.  The…
Workshop productivity with hand tools
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SKILLS TO IMPROVE YOUR PRODUCTIVITY

As a budding entrepreneur, and even later as a successful restauranter, I observed some simple habits among my wealthy friends that I feel I should share with in case they help someone in personal growth. I find most of these behavioral manifestations…