About this episode

The episode discusses the importance of financial literacy for young people, focusing on the differences between shares and treasury bills as investment options for building wealth.

From understanding that savings alone is not enough to learning how to buy shares that can turn 10,000 cedis into 100,000 cedis in one year, and why the brutal truth about building wealth is that young people don't know the difference between shares and treasury bills when treasury bills are regulated by the government giving you fixed returns like water in a cup that's always there when you drink but shares are buying a part of a company like MTN or Gold or Ben's oil palm plantation where if the company does well your shares do well but you cannot determine when it's going to rise or fall, the financial literacy educator who breaks down Maslow's hierarchy explaining that self actualization is where people invest big time into shares that work for them and they do not necessarily have to do something else proving that even when Dr. McDonald says he's not where he wants to be we see him as self actualized but to him he is not showing the difference between social status and perception, the young woman teaching people through 30 Seats that in the typical Ghanaian environment if you die it is what is said about you after the death that matters because if you only had money to take…

People in this episode

Host: Derrick Abaitey

Topics covered

• investment
• financial literacy
• wealth building
• shares vs treasury bills
• self actualization
• Ghanaian financial culture

Keywords

• investment
• financial literacy
• wealth
• shares
• treasury bills
• Ghana
• self actualization

Mentioned in this episode

Organizations: MTN, Gold, Ben's oil palm plantation, 30 Seats

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