By Amy Baty-Herbert | Project Coordinator
Financial literacy is very crucial in the development of young people and was the focus of a recent boys' mentoring session. The session was attended by 22 boys, who each received transportation to the mentoring session and lunch. Mr. Abass K., an experienced audit associate, was the guest speaker.
He covered several key points during his presentation:
1. General concepts of financial literacy
2. Balancing needs and wants
3. The importance of savings
The guest speaker also emphasized the significance of financial literacy, highlighting that a lack of understanding in this area can lead to various challenges. Financial illiteracy may result in accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term preparation.
Participants actively contributed, sharing their perspectives and asking pertinent questions. They also expressed their appreciation for this valuable mentoring session.
We deeply appreciate your ongoing support, as it enables us to conduct more mentoring sessions and provide educational resources to the future leaders of Sierra Leone. If you haven't already, we warmly welcome your continued support through a recurring donation. We also encourage you to share this project with your contacts and invite them to consider supporting this valuable initiative.
If you have any questions or inquiries, please feel free to email us at GlobalGiving@developafrica.org.
Warm regards,
Amy and the Develop Africa team
Links:
By Amy Baty-Herbert | Project Coordinator
By Amy Baty-Herbert | Project Coordinator
Project reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.
If you donate to this project or have donated to this project, you can receive an email when this project posts a report. You can also subscribe for reports without donating.
Support this important cause by creating a personalized fundraising page.
Start a Fundraiser
