Cfle Africa

Center for Financial Literacy Education Africa and CampaignFIA is sponsoring 10 kids for the maiden edition of Financial Literacy Empowerment Class and Party

Imagine a land where every dream is possible. A land
of wealth, health and freedom for all. This is Our New Africa. It’s possible.
 
The Campaign for Financial Independence in Africa (CampaignFIA) aims to disrupt generational poverty and build a financially stronger Africa. The vision of CampaignFIA is to radically transform the social and economic structure of this continent and create a New Africa, in a Generation.
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By 2030, a universal standard of financial literacy education is embedded in the education curricula of all 55 African Union member states.


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CampaignFIA is a 100% African conceived, owned and managed initiative, and African youth are involved in every aspect of the Campaign from design to implementation and decision making.

Center for Financial Literacy Education Africa is a Ghana based not-for-profit organization that is significantly improving financial awareness and financial literacy education. CFLE Africa is raising an African communities of financial literates and envision an Africa in which all people are financially aware and financially literate.

CFLE Africa (www.cfleafrica.org) in collaboration with CampaignFIA (https://www.campaignfia.org/) is sponsoring 10 kids for the maiden edition of Financial Literacy Empowerment Class and Party in Ghana. This is an initiative that is expanding to all 55 countries in Africa.

The event will equip kids with money lessons, financial literacy skillsets, and enlighten them to understand how money works. They will partake in money games, surveys and contests.

The kids will have an investment package opened for them as a long-term goal, scholarship opportunities and will be enroll in a mentorship program.

The event will be climaxed with a party and some great fun!!!

For more; contact the Coordinator in Ghana and Executive Director, Center for Financial Literacy Education Africa; Peter Asare Nyarko via; pkan@cfleafrica.org or info@cfleafrica.org.

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CFLE Africa

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Welcome to your Some Questions to Ponder

1. 
. PAPERWORK In an emergency, could someone in your family quickly find your important papers— birth certificate, bank account records, health care directive, insurance policies, credit card records, will, etc.?

2. 
NET WORTH Do you know your current net worth and how you hold title to your various assets?

3. 
CASH FLOW MANAGEMENT Do you have enough cash available (in bank accounts or easily cashed securities) to cover yourself and your family for at least six months of no work?

4. 
BUDGET Do you and your family have a useful, written monthly budget?

5. 
EXPENSES Do you think you’ll be able to pay ‘all your bills’ on time every month for the next 12 months without a paycheck?

6. 
EMPLOYMENT BENEFITS Do you understand and, if appropriate, utilize all your employment benefits to your advantage?

7. 
GOALS Do you know what’s really important to you; and have you written your personal and financial goals for yourself and your family?

8. 
FINANCIAL INDEPENDENCE/RETIREMENT Do you know when you expect to be able to retire / become financially independent?

9. 
FINANCIAL INDEPENDENCE/RETIREMENT Do you know how much income & assets you will need to enjoy your retirement years; to live a quality life, including any special gifts or bequests to family, friends and nonprofits?

10. 
FINANCIAL INDEPENDENCE/RETIREMENT Have you calculated the amount of money required to reach your financial goals?

11. 
MAJOR EXPENDITURES - Have you thought about and made a list of major expenditures you can expect over the next five years and where the money will come from to pay for them?

12. 
INVESTMENTS - Do you think your current investment plan(s) will meet your retirement needs?

13. 
TAX DEFERRAL Do you think you are making the best use of tax-deferred investment plans for retirement?

14. 
TAXES Do you know the income tax rates on your last earned dollar?

15. 
INSURANCE / RISK MANAGEMENT Do you think you have the right amount of insurance— life, health, disability, long-term-care, auto, home/renter’s, fire/flood/earthquake, liability, etc.—not too little, but not too much?

16. 
ESTATE & GIFT PLANS Do you and your family have current wills?

17. 
POWER OF ATTORNEY Do you and your family have a current Power of Attorney?

18. 
ADVANCE HEALTH CARE DIRECTIVE Do you and your family have a current Advance Health Care Directive?

19. 
CHARITABLE GIVING Are your favorite causes or nonprofits included within your estate & gift plans for a bequest, planned gift, or as a primary or alternate beneficiary for life insurance or retirement plans?

20. 
TRUSTS Do you know the advantages and disadvantages of using trusts?

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