Debunking money myths: #1 Money does not grow
To the question ‘What else do you want to learn about money?’ in post-course assessment, it’s been 15 years that we always get the same answer: ‘to learn how to …
Students and Money: Stress and Hunger
Less money means fewer mealsOur Burkinabè partner APFEP carried out a major survey on the financial health of students in March-April 2022, with more than 200 students from various cities …
Coronavirus and debt: the word nobody wants to talk about
Vantha and her family used to earn around US$ 60 a week – This amount was just enough to pay the rent and bills ($12), food ($27), education ($12 a …
Coronavirus and money
Hard times – and it is hard to give pieces of advice. Without an income, even good money managers struggle. Plan what you’ve got. Planning may seem pointless when future …
Obstacles to planning
“I don’t want to plan and save because it is not in my culture – We are generous and planning makes me feel selfish.” “I give when I am asked. …
Measuring the impact of financial education
You have run a financial education programme with families and a few months later, you interview them to find out what impact it may have had. The interviewees recall the …
Books we like
Why We Can’t Afford The Rich by Andrew Sayer Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty by Abhijit Banerjee and Esther Duflo (Abdul Latif Jameel …
What should financial education be about?
Samira has been saving regularly over the years for her daughter’s education. Her sister, Bopha, calls her one evening – she has a cancer and not enough money to pay …
Financial literacy at school: what role can schools play in financial education?
After reading our previous newsletter that stated that children mostly learned about money from their parents, several of you asked what about schools? If parents fail to be role-models in …
Is teaching children about money effective?
Soon after starting facilitating money management workshops for migrant workers in Hong Kong, parents approached us for workshops for their children. So we designed and ran workshops as after-school activities …