Avoid poverty traps

/Tag: Avoid poverty traps

The benefits of being financially literate

Short-term lender Wonga recently asked over 1 000 of its customers about their attitudes towards money. It found that, despite 88 percent believing that financial health was “extremely important”, most (66 percent) claimed to have only an amateur knowledge of money management. “Financial literacy is key to financial health. It can help people to manage

Financial Literacy To Tackle The Poverty Problem

On the 17th of October each year, to commemorate the International Day for the Eradication of Poverty, people gather to show their commitment to the resolution of poverty and their solidarity with those afflicted by it. With a shrinking economy and rising unemployment, poverty is a growing concern in South Africa and, according to Statistics South