Story
By Babalwa Jama
Avo Internal
Vunani - MM financial literacy took place on Savings and investments as well Retirement. This training took place in February. Our community do not take savings seriously and they don't even ask best saving methods for them. I found out that they did not even knew that each savings method had a different interest. It was very interesting to see how amazed they were with the number of saving methods are out there. We also spoke about how their savings affects the economy.
In the retirement plan some shared that they cash out their funds and that was caused because they did not know that they should not cash out instat they can preserve the fund. I really admire how young people planned for their retirement. This training opened their eyes and it transform their lives interms of planning their lives ahead. It was interesting because in my groups there different age groups.