FINANCIAL LITERACY AND SAVING CULTURE.
The number one problem in today’s generation and economy is the lack of financial literacy.” “We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially literate. The qualifications of financial educators have direct impact both on short-term student outcomes and on their long-term financial well-being. Financial illiteracy is not an issue unique to any one population. It affects everyone: men and women, young and old, across all racial and socioeconomic lines. No longer can we stand by and ignore this problem. “If you don’t understand the language of money, and you don’t have a bank account, then you’re just an economic slave.” John Hope Bryant, CEO, Operation HOPE.
Opportunity is missed by most people because it is dressed in overalls and looks like work. –Thomas Edison. Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time. The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind. Don’t tell me what you value, show me your budget, and I’ll tell you what you value. If you would be wealthy, think of saving as well as getting. If you would be wealthy, think of saving as well as getting. ”A penny saved is a penny earned.” Benjamin Franklin. There is no dignity quite so impressive, and no independence quite so important, as living within your means. If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.
Last year in December 2020 we successfully commenced a mutual partnership with Equity Bank Mwingi branch after we networked with them and they freely brought us 1,000 varied tree seedlings species that we planted in our church/ Frontline Church Partner compound. And after we sat in a round and they shared with us services that they offer, we got interested with their deals. Today on 23rd of February 2021 we began series of financial literacy and importance of saving culture for all 373 freely facilitated by Equity bank Mwingi branch trainers, they will be doing so in turns to all registered groups of our supported beneficiaries’ caregivers with the Ministry of Labour and Social Protection, State Department for Social Protection. This is intermarries with a mega food security proposal that we are currently implementing and whose core objectives are for all FCP caregivers to grow vegetable for their domestic consumption, sell and save for their family’s future use. We as A.I.C Kanzinwa we have always ensured that we empower and capacity build all the 373 caregivers to have each of their daily income exceed 2.5 US Dollars which slightly higher than poverty line level as per the World Bank parameters.
Proverbs 13:22: “A good man leaves an inheritance to his children’s children.” (NKJV).
