{"id":2717,"date":"2022-02-17T13:15:58","date_gmt":"2022-02-17T13:15:58","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/expert-blames-lack-of-financial-education-for-poor-financial-decisions"},"modified":"2022-02-17T16:11:49","modified_gmt":"2022-02-17T16:11:49","slug":"expert-blames-lack-of-financial-education-for-poor-financial-decisions","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/expert-blames-lack-of-financial-education-for-poor-financial-decisions","title":{"rendered":"Expert blames lack of Financial Education for poor financial decisions"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Local Financial Educator Khumo Nawa says lack of financial education in the school curriculum is the main cause for poor financial literacy in the country.<\/b><\/p>\n

Speaking in an interview, Nawa \u2013 who is also the co-founder of Money Managers, an organization that provides money management tips and coaching \u2013 pointed out that the lack of financial education continues to lead people into making wrong financial choices which could have been avoided.<\/p>\n

There is a need for financial management education in schools if raising consumers and spenders should be avoided, she added. \u201cMoney is such an important tool in our lives, yet not much is being done to ensure that people are equipped with basic money management skills,\u201d Nawa said. \u201cWe continue seeing a culture where people go to school and start working without any exposure to financial education.\u201d<\/p>\n

However, the financial educator noted that since the outbreak of the COVID-19 pandemic, people are beginning to realise that financial education is the answer to many of their problems. The pandemic, she said, has made more people to become aware of their uninformed financial decisions that have little regard for providing for the future. \u201cWe need a mindset shift from being consumers and spenders to being producers and investors,\u201d she emphasised.<\/p>\n

\u201cThis is why Money Managers has made it its mission to empower mankind through financial education that covers sharing practical money management tips, providing money management tools and advocating for financial inclusion through collaboration and partnerships with the financial service sector.<\/p>\n

\u201cThat is why we have created a personal financial management diary called Money Managers Diary that provides a safe space for people to implement money management tips.\u201d<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. Local Financial Educator Khumo Nawa says lack of financial education in the school curriculum is the main cause for poor financial literacy in the country. Speaking in an interview, Nawa \u2013 who is also the co-founder of Money Managers, an organization that provides money management tips and coaching \u2013 pointed out that […]<\/p>\n","protected":false},"author":84,"featured_media":2716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,7,8,16],"tags":[233,237,234],"class_list":["post-2717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-head-lines","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nExpert blames lack of Financial Education for poor financial decisions - Botswana<\/title>\n<meta name=\"description\" content=\"Local Financial Educator Khumo Nawa says lack of financial education in the school curriculum is the main cause for p ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/expert-blames-lack-of-financial-education-for-poor-financial-decisions\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Expert blames lack of Financial Education for poor financial decisions\" \/>\n<meta property=\"og:description\" content=\"Local Financial Educator Khumo Nawa says lack of financial education in the school curriculum is the main cause for p ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/expert-blames-lack-of-financial-education-for-poor-financial-decisions\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-17T13:15:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-17T16:11:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/02\/img-620e73ae662aa.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/expert-blames-lack-of-financial-education-for-poor-financial-decisions#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/expert-blames-lack-of-financial-education-for-poor-financial-decisions\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Expert blames lack of Financial Education for poor financial decisions\",\"datePublished\":\"2022-02-17T13:15:58+00:00\",\"dateModified\":\"2022-02-17T16:11:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/expert-blames-lack-of-financial-education-for-poor-financial-decisions\"},\"wordCount\":297,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/expert-blames-lack-of-financial-education-for-poor-financial-decisions#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/02\/img-620e73ae662aa.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"community\",\"head lines\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/expert-blames-lack-of-financial-education-for-poor-financial-decisions#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/expert-blames-lack-of-financial-education-for-poor-financial-decisions\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/expert-blames-lack-of-financial-education-for-poor-financial-decisions\",\"name\":\"Expert blames lack of Financial Education for poor financial decisions - 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