Lecturer at the Department of Finance at the University of Ghana Business School, Dr Godfred Amewu, has called upon the government to prioritise the promotion of investment awareness and retirement planning among young people.
He emphasises the concerning lack of financial literacy among the youth and the necessity of understanding the importance of saving for the future.
Speaking at the Maxwell Investment Group Business Forum in Accra, Dr. Amewu advocated for the integration of retirement planning into core university courses to ensure students graduate with a solid understanding of financial preparedness.
He acknowledged the current lack of deliberate efforts in creating awareness among the younger generation and expresses gratitude for initiatives like the MIG Business Forum for addressing this issue.
“We are not deliberate about creating awareness about this among younger people, and I am very pleased that this team is bringing that to the table. I hope that this discussion will progress so that we can engage all stakeholders to see how we can get institutions to intentionally include this in academia and their educational curriculum,” he said.
Dr. Amewu hopes that ongoing discussions will lead to the engagement of all stakeholders to incorporate financial literacy into academic curricula across institutions.
He further commended the efforts of organizations like the MIG Business Forum in raising awareness and aiding youth in making financially responsible decisions that contribute to economic growth.
Secretary of the National Pensioners Association emphasizes the importance of prioritizing financial literacy among young people for a secure retirement.
Reflecting on personal growth, Dr. Maxwell Ampong, CEO of Maxwell Investment Group, expressed his commitment to seizing opportunities for self-enhancement and acknowledges the potential regrets of not taking certain actions in the future.
He underscores the importance of continuous self-improvement for long-term success.
“If I could meet myself 20 years from now to ask myself questions, I would be very sure that there might be a lot of things I wouldn’t have done.”