IS FINANCIAL LITERACY SERVICE PROVISION NECESSARY FOR POOR PEOPLE?

Posted on Feb 25, 2010 by Miracle Mensah
9 Members | Comments | 0 Emails

Location

Madina
No. 2, Nkulenu Street Madina Market
Ghana

In your opinion, is the provision of financial literacy education, teaching poor people how to manage their little money important?

I know for a fact that there are many NGOs donating to charity, some $1 a day, gifts, etc. I may be mistaken but it seems most poor people don't manage their monies at all so they just keep being poor even if they get so much in charity.

Can educating them liberate them enough so that they can get out of poverty?

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