Lack of financial education forcing Ghanaians to lose money to fraudsters – Financial Analyst



[ad_1]

Company News from Saturday, February 2, 2019

Source: clbadfmonline.com

2019-02-02

Eric Tsiri Eric Tsiri

Eric Tsiri, a financial badyst and banker, said the lack of education and financial understanding had led Ghanaians to lose their money to scammers from the world of investment.

The financial badyst, who spoke with Reverend Azigiza Jnr. On Wednesday, January 23, 2019, at the presentation of the gospel breakfast on Number One 105.3FM, the media was asked to educate Ghanaians to financial literacy to allow potential investors to be vigilant.

"So it's a financial literacy that we all have to do because anyone who tells you that they can give you a 10% interest or anyone else who says they can give you 6% to 5% is a good idea. point the person.

"We, along with the media, need to educate the public about financial literacy in this country. Why are you going to follow a 10% interest in losing your money that you have suffered for your life?

"Because there are economic opportunities, people will invest in companies, they will invest in the bank and invest the rest in the companies instead of going to follow these people who promise them to them." approach the moon, "he said.

He therefore advised the general public to be vigilant in terms of investment, adding that "we must ask ourselves a few questions". "Any money that someone takes at the bank will not be hidden in the room or prayed for the money to be increased."

"They will give the money to people to do business with the money to make a profit, so when they go to pay the interest of the money, the bank will pay you interest, so ask yourself what business can To earn 5% every month and 50% all year in this country, there is no such thing.This must tell you that the person is 419 years old, "he noted.

[ad_2]
Source link