According to the Training of trainers guide on financial literacy published by Bank Of Uganda and German Cooperation (GIZ), Financial literacy is having the knowledge, skills and the confidence to manage your personal finances well considering ones economic and social circumstances;Whereby, The knowledge is understanding or having understood the personal financial issues such as having to pay school fees, saving for investment, clothing, loan repayment, paying your medical bill and paying your rent among others.The skill is the ability to apply the knowledge of personal finance management.The confidence is the feeling of being sufficiently self assured to make decisions relating to one’s personal finances such as the ultimate decision as regards to the type of investment.Okay, was your perspective on financial literacy the same as what you have known now or it was different? Share with us on... In life managing personal finances rotates on four core areas as shown on our financial board game. One has to think well on planning, investing, protection and also retirement since we all don’t grow younger but older. On our board game, we try to arrange it in order whichever way we begin with does not matter, what matters is putting in mind that all the core messages on financial literacy become part of us. The more we put up the game, the more the message laments in our lives.
We support the development of Financial literacy and inclusion concepts and support with the Implementation and Project Management on behalf of Our Partners.Our trainers have attended the Bank Of Uganda Financial Literacy Training of Trainers Workshop.