Growing up in Zambia, my parents discussed & emphasized values of Christianity and the importance of education. We didn’t discuss money or finances which is typical of many African families.
So when and how are we supposed to learn about savings, debt and generational wealth?
Fast forward, I graduated with my masters in accounting, got my CPA, and had a decent job with Coca-Cola. I was having a good time living paycheck to paycheck. Although I was smart not to have school debt, I was still pretty naive about finances and saving. I left Coke and started working at General Electric, I’m having a conversation with a group of my male peers who were comparing how much each of them had in savings. I had an epiphany and realized that I was financially illiterate. Reason? Nobody in my family or network had discussed or taught me finances or money.
So our next ZLA & AZA Brunch and Learn, scheduled on August 15th, is titled ‘Financial Literacy : Breaking the chains of Economic Slavery’. As usual, we are blessed to have an amazing line up of speakers who will share experiences and golden nuggets on finances. I’m excited and look forward to sharing the invite with information in the next couple of days.
I’m curious to know HOW and WHEN did you become financially literate?
-Dr. Freda Mwamba Brazle