Financial Illiteracy, A Major Global Challenge!
Financial Illiteracy is an obstacle faced by developing or emerging communities as well as advanced societies throughout the world. Lack of financial education is affecting individuals (girls or boys), families, and communities. It slowly starts to affect the local economy and eventually spreads out to the global level. Attainment and development of wealth management principals and skills are essential to growth at all levels. Studies show that personal finance education programs in later ages have very limited affect. Also, it may not fully prepare a young person for later years to face real-life economic decisions like buying a house, understand workplace benefits, investments, or saving for retirement. With a few basic Financial Literacy lessons, it is always possible to be a “best budgeter” irrespective of one’s income level.
Financial Literacy or education must be taught from early ages and continue throughout life.
L4T want to help youth and women become Money Smart!! Practicing basics of Spending, Sharing, Investing, and Saving is the best way to gain solid financial skills and habits. These are essential elements of personal development that can and should be learned and reinforced throughout life as financial needs grow.
Financial Literacy must address Spiritual, Psychological, Emotional, and Technical aspects of Wealth Management.
Our unique character-based curriculum, delivers financial literacy lesson plans to youth and women to address spiritual, psychological, emotional, and technical aspects of finances. The program is popular for its ability to connect with students and inspire participants of all ages and socioeconomic backgrounds to take positive financial action.
This program currently engages high school students preparing for college and who are developing financial, entrepreneurial and other leadership skills. Lead4Tomorrow provides a range of capacity-building support for youth and women trying to engage their communities more effectively, focusing largely on developing financial independency, Facilitative Leadership, and interest-based conflict resolution skills.
L4T Help Raising an Entrephilanthropic Generation through Financial Literacy & Character Development
Entrephilanthropy
is act of organizing and managing any enterprise and venture usually with considerable initiative and risk to attain and accumulate various forms of WEALTH and resources for the purpose of altruistic concern for human welfare and advancement, usually manifested by utilization of such resources, by endowment of institutions of learning and generosity to other socially useful purposes.
“WEALTH is Praiseworthy in the Highest Degree, if it is acquired by an individual’s own efforts …, and if it be expended for Philanthropic Purposes.”
Achieving financial independence is a commendable goal, however improving the lives of millions of less fortunate people throughout the world as well as one’s self would be a much higher accomplishment. Fortunately attaining such a high goal requires accumulation, management, and utilization of various types of WEALTH and understanding their potentials. Furthermore, financial freedom becomes a milestone in our quest to make a difference in the world.