One of the reasons people lose money in business and investment is the poor foundation and lack of knowledge about it. You need financially liberating decisions to survive in this age.
Many have lost hard earned money and that alone triggered depression, dragging them through the value of suicide.
But you are in luck because you have a great opportunity to jump over the huddles and navigate through the business environment with the right knowledge.
For a young Nigerian, the skills needed to make sound financially liberating decisions like saving and investing is often not on the menu until when they start working and making money.
Global Money Week
For this reason, the Nigerian Exchange Limited (NGX) as it celebrates the 2023 edition of ‘Global Money Week’, has continued the advocacy of building saving and investing culture in young Nigerians.
Basically, the importance of the week is to create awareness and ensure that young people from an early age become adequately informed about taking key financial decisions.
Ultimately, acquiring the knowledge, skills, attitudes, and behaviours necessary to make sound financial decisions and to achieve financial well-being and financial resilience is the goal.
At the event held between March 20 to 24 and entitled, ‘Plan Your Money, Plant Your Future’, over 100 students gained investor education and financial literacy.
The NGX put this together in collaboration with the Central Bank of Nigeria.
Speaking on the need to guide children in their formative years to be responsible citizens in the future, Divisional Head, Capital Markets, NGX, Jude Chiemeka, said “the choices they make today would have a significant impact on their future”.
“We must also recognise that our individual financial health is closely linked to the health of the planet and of society.
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“The choices we make about how we earn, spend, save, and invest our money can either contribute to or undermine the sustainability of our world.
“As such, it is essential that we all adopt a responsible and informed approach to financial decision-making. This approach considers the impact of our choices on our environment and society”.
Also, Chiemeka noted that beyond offering a range of educational resources, the NGX had a comic book series named NGX StockTown.
The goal is to use illustrations to raise the next generation leaders who were financially aware, responsible, and skilled economic citizens.
