Collection: Wealth Angels Membership Plans
Wealth Angels is a community of Members made up of parents, teachers and independent financial advisors who believe in a fun approach to learning and teaching how to manage money.
Our membership plans offer something for everyone. You do not need prior knowledge of finance or how to teach it to get involved. Find out more by selecting the programmes below, or get in touch and we will call you back.
Join our movement today to bring equality to society through financial literacy for everyone.
The Challenge
Worldwide, just 1-in-3 adults show an understanding of basic financial concepts. Although financial literacy is higher among the wealthy, well educated, and those who use financial services, it is clear that billions of people are unprepared to deal with rapid changes in the financial landscape. Credit products, many of which carry high interest rates and complex terms, are becoming more readily available.
Governments are pushing to increase financial inclusion by boosting access to bank accounts and other financial services but, unless people have the necessary financial skills, these opportunities can easily lead to high debt, mortgage defaults, or insolvency. This is especially true for women, the poor, and the less educated—all of whom suffer from low financial literacy and are frequently the target of government programs to expand financial inclusion.
Source: Financial Literacy Around the World: Insights from the Standard & Poor's Rating Services Global Financial Literacy Survey. Klapper, Lusardi and Oudheusden
Social Benefits of Financial Literacy
- Financial stability soothes marital stress and decreases divorce rates.
- Financial education helps a society because it helps people meet their basic needs.
- Financial education reduces crime.
- Financially literate people are better equipped to help others.
- More personal financial stability can lead to fewer wars and financial planning can even lead to world peace.
Source: The Societal Benefits of Financial Literacy. FAMag.com. David G. Strege.
