Financial literacy refers to the skills and knowledge that a person has regarding the management of their financial resources. Center for Financial Literacy Education (CFLE Africa) understands the importance of this, hence our commitment to build an Africa in which all people are financially aware and financially literate. Financial Literacy Month Every year, in April, […]
Planning how to handle money is not only for those who have lots of money. In fact, the less money you have, the more important it is to plan. You want to get the most from the money that you have. The best way to plan is to set goals; In setting goals, consider the […]
Anytime you want to make a purchase, PAUSE for a while!
“I’m Waiting To Retire So I Can Enjoy Financial Freedom, The Biggest Lie By The Masses.” Early in life, you’re taught that you should go to college, get a good paying job, get married, buy a house, start a family, make even more money, buy an even bigger house, send your kids to college and […]
Woohoo! Your Certified Financial Fitness Coach has landed. I’m not a title guy, but I’m glad I can proudly add to my name the word “Certified Financial Fitness Coach” to help me do more of what I love doing. Peter Asare Nyarko, FFC® This word means a lot to me and here is the journey […]
Marriage is a beautiful bond between two people which binds them in a strong relationship throughout their lives. I sit with newly wedded couples almost every month to assess their financial situation and concerns. Interestingly, most newly wedded couples are not on the same wavelength or page when it comes to finances and money matters. Marriage […]
Many people mistakenly believe that since they are not “rich” they do not need to do any financial, estate and gift planning. This attitude can be financially harmful and can be avoided with proactive action. In support of The Improving Financial Awareness and Financial Literacy Movement Movement, we thought an article on selecting “your right” […]
Habits are the small decisions you make and actions you perform every day. According to Duke University Researchers, habits account for 80% of our behaviours on any given day. This is to say; “your life today is essentially the sum total of your habits.” “How in shape or out of shape you are; a result of your […]
Finance gives us a profound look into the human mind as we come to understand the value people place on specific types of goods and services, on their own time, on the potential to earn more money or on the amount of risk inherent in every financial decision we make. Each time you buy or sell […]
A BUDGET is a PLAN for your MONEY Unfortunately, the word budget has gotten a bad rap. When it all boils down, a budget is basically just a plan for your money. Budgeting means you are spending with PURPOSE before the month begins. But many people view a budget as a straitjacket that will keep […]