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Financial Literacy Mentoring Session

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.

  • Mentoring Session on Financial Literacy
    Mentoring Session on Financial Literacy

 

Families in Sierra Leone face unprecedented challenges due to rising costs. Inflation makes it difficult for them to afford basic food staples such as rice, cooking oil, and onions.

Extending a helping hand can alleviate a significant burden and provide essential relief to the less fortunate.

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