FoF24
February is our Focus on Finance (FoF24) month when we promote financial literacy for all.
Financial Literacy For All
For 2024, we are in Dubai, UAE conducting public and private workshops and awareness talks about the importance of financial literacy for gender empowerment and independence.
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.
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.
Wealth Angels Social Education Initiative
An Inclusive Society For All
Wealth Angels is a social education initiative created by PI Founding Director and Treasurer, Rebecca Ellis. The curriculum delivers quality financial education and is adapted for specific targeted sectors that need it most. The purpose of the initiative is to contribute to building an equitable, inclusive society for all, delivering quality education where it is needed most.
The Wealth Angels MoneyWise programme delivers UN SDG 4 vocational training with a priority to support gender balance, youth and the under-privileged.
Programmes are delivered in person or online. For adult participants, the programme is delivered by an internationally qualified independent wealth advisor.
Trainer ratio
1:10.
Programmes are segment-specific
- Parents
- (Financial) Wellness for Employees
- 15-24 Young Adults
- Family
- Schools (Train the Teacher)
- Community Leaders (Train the Leader)
Project Objectives
- To identify and secure quality community service delivery partners.
- To fund and grow Wealth Angels MoneyWise through diversity equity inclusivity (DEI) initiatives through corporate partners.
- To fund and grow Wealth Angels MoneyWise through corporate social responsibility (CSR) initiatives through corporate partners.
- To reach students and young adults through schools and extra curriculum activities (ECA).
Downloadable Information
For Employers
The benefits of financial fluency across your employee population are extensive. Individuals and employers lose billions due to lost productivity, absenteeism, and higher healthcare costs due to an employee’s financial stress.
The DEI Case for Financial Wellness
A PDF slide deck explaining importance of financial literacy for employee wellbeing and how it contributes to the organisation's diversity, equity and inclusion efforts.
For Brand Impact
We offer infinite ways you can show your brand cares about its social impact. Through our growing network of vetted service delivery partners, we ensure your social impact is delivered and reported on in accordance to the UN impact monitoring and measurement standards.
For Charities
We work with licensed charities to delivery our programmes into their communities.
Learn about how we are working with Kangemi Resource Centre in Nairobi.
Research Papers
Insights from the Standard & Poor's ratings services global financial literacy survey.
Downloadable PDF
The Societal Benefits of Financial Literacy
Online printable article by FA Magazine
Review all our Wealth Angels MoneyWise Financial Literacy training and events options.
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Wealth Angels - MoneyWise - Entrepreneurs
Vendor:Regular price $325.00Regular priceUnit price / per -
Discover Your Behaviour Finance Personality
Vendor:Regular price $149.00Regular priceUnit price / per -
Wealth Angels - MoneyWise - Woman
Vendor:Regular price From $675.00Regular priceUnit price / per -
Wealth Angels - MoneyWise - Parents
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Brand Sponsorship for Empowerment Through Financial Literacy 14 Week Campaign
Vendor:Regular price From $3,000.00Regular priceUnit price / per -
Sponsor a Community Leader in Kenya - Wealth Angels - MoneyWise Community
Vendor:Regular price From $100.00Regular priceUnit price / per -
Sponsor a Student in Kenya - Wealth Angels - MoneyWise - 15-24
Vendor:Regular price From $50.00Regular priceUnit price / per -
Empowerment Through Financial Literacy 2-Hour Workshop
Vendor:Regular price $795.00Regular priceUnit price / per -
Wealth Angels - MoneyWise - Family
Vendor:Regular price $675.00Regular priceUnit price / per -
Wealth Angels - MoneyWise - 15-24
Vendor:Regular price $675.00Regular priceUnit price / per