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,…

Financial Literacy as a Path Towards Self-Reliance
What Is Financial Literacy?
Financial literacy is the ability to understand and manage one's finances effectively. It is essential for individuals to develop financial literacy skills, especially in today's economy, where financial literacy…

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…

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…

JOIN THE FINANCIAL GYM AND GET FIT
THE GYM TO GET YOU FINANCIALLY FIT
Join me now, as we warm up, stretch our financial muscles, work out and pump some financial iron. Let’s get that oxygen pumping. Right now, get onto the fast track to becoming Financially Fit for Life.…

WEALTH CREATION IS AN INSIDE JOB
THE THOUGHT FACTOR IN WEALTH CREATION
When it comes to solving your financial problems, the following rule applies: FINANCIAL PROBLEMS CANNOT BE SOLVED PERMANENTLY WITH MORE MONEY!
To change the direction of your financial future, you…