Ebenson consult
The financial freedom school.
1/05/2020
Topic :Financial literacy.
Knowledge is power and the one of the greatest cause of poverty or lack is because of Ignorance or lack of knowledge about money,finance and investment .
Most people go to school from primary to university without much knowledge on money,how to make it ,manage it and multiple it . That is why financial literacy is very important in how we make,manage and multiple our money in our daily activities including our business,relationship and even in our religious life.
Money is important but without enough knowledge about it, we waste and mismanage it .
Someone once said you pay for what you don’t know .
So What is financial literacy ?
According to Wikipedia
Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources.
They some of the need to have financial literacy is as follow :
1.For proper money and financial resource management
2.For taking good Efficient and effective financial decisions
3.For good and proper financial planning
4.Financial literacy is important because it allows an individual to understand and maximize whatever level of income they earn. It helps people transform their lives .
5.It increases our financial capability,and mindset to be more resourceful in creating more opportunities for ourselves and others .
This and many more of it important is the need to have more knowledge about our finances .
‘’Though We are literate of the 21st century, still we are illiterate when it comes to financial literacy. Financial literacy is the only way to enjoy breathing the fresh air to become financially independent’’—-
EBINEZAR GNANASEKARAN
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Ebo Yawson
The financial freedom coach
0541360633.
Www.eboyawson.com 