Friday, October 20, 2017 6.00pm/Proshare WebTV
A one day financial literacy workshop was hosted by the Women In Sustainable Enterprise Initiative (WISE) on October 20, 2017 as part of her monthly social/business empowerment scheme.
The objective of the occasion was to have an interactive business session where attendees would learn the basic tools for financial literacy as a business owner and also network with other Small Medium Enterprise owners, engage and share their business case studies as well as device new ways to stay at the top.
Mrs. Alero Awoyemi, Executive Director, Proshare Foundation, delivering a presentation on the topic: “Building Your Financial Future: The New Disruptors,” engaging stakeholders on how to create, manage, protect and grow wealth. She defined financial plans as written, organized strategies for maintaining financial health and accomplishing financial goals, harping on the need for individuals to plan financially for the future in the event of emergencies and contingencies.
Speaking on disruptors, she highlighted the different phases in the life of an average individual, enumerating varying factors that could throw one off course of one’s financial plan. These factors are referred to as financial disruptors (examples include: incurring a huge debt, marriage, having children, etc.).
She enthused that these disruptors that inhibit rapid advancement in the personal financial life of an individual can best be avoided via adequate financial literacy.
According to her, “At each stage of life there are needs and wants. Both are important and both require good planning plus clever execution. Achieving life’s needs requires planning and making the right choices. For life’s choices (wants), achieving this requires some forward planning. Financial literacy is not so much rocket science but it is all about sitting down and working out the figures. It is about data and facts. With proper planning there is no way you can find yourself in debt.”
WISE INITIATIVE is a non-profit organization (Women In Sustainable Enterprise Initiative) geared towards impacting our society through real time support and collaboration. It is hoped that with this and more initiatives coming to the fore, widespread financial literacy among Small Medium Enterprises will advertently culminate in increased economic growth and development in Nigeria.