Wednesday 18 April 2018

Helping The Youth Understand Personal Finance


Satisfaction Comes From Helping others
For a whole month now, I have been interacting with the youth in S.6 Vacation at Bugolobi Church. We have had an interesting talk on personal finance, the series ended yesterday and we dealt so much about habits and mindset change. The testimonies that came in yesterday were so amazing. These young guys are determined to do whatever it takes to improve in this area starting now.

Everything else is taught in school except financial literacy. I never had the opportunity of being taught about money, the only thing I would hear from my dad is that, "Money isn't picked from trees".
When we use the Jewish model of teaching the young people, we are preparing them for now and the future.
In his book, SMART MONEY, SMART KIDS, Dave Ramsey talks about a middle aged lady who walked up to him after he had just finished a seminar talk on Financial Peace. In this book he writes, 
" I’m sure as that first person—a middle-aged woman—walked up to the book table, she saw a young speaker relieved that his big speech was finished. I will never forget her comment. Holding my little book, she looked at me and said, “Dave, that was great information. Why don’t parents teach their children about money? Why don’t we teach basic money skills like this in schools? Our kids need to know this information.” "
Indeed Children, Youth, Young Adults are being taught everything else and this is one part that is almost forgotten. I believe that if we raise young people who are disciplined, corrupt tendencies will be dealt with, laziness will be dealt with etc

"From age five on, I operated on one general rule about making money: Work, get paid; don’t work, don’t get paid. That’s a basic principle that a lot of parents miss with their little kids. If a child can understand that money comes from work at age four, then she’ll be ready to hit the “real world” running at age twenty-four" -Rachel Cruze "
Nanjira DaphineAwana Aitaa Carl LabanFortunate Ashabire, Joel Kadaya, Mich Mitchell are some of the young people I have had some good time with. They are already budgeting, planning, putting aside the little change, gaining skills like making bungles, T-shirts, etc

In the Picture, they were watching a short video by Myles Munroe 









Check out the video they were watching 

#Impact #Empower #Transform

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