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Financial literacy is very crucial in the development of young people and was the focus of a recent boys' mentoring session. The session was attended by 22 boys, who each received transportation to the mentoring session and lunch. Mr. Abass K., an experienced audit associate, was the guest speaker.  



He covered several key points during his presentation:



1. General concepts of financial literacy



2. Balancing needs and wants



3. The importance of savings



The guest speaker also emphasized the significance of financial literacy, highlighting that a lack of understanding in this area can lead to various challenges. Financial illiteracy may result in accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term preparation.



Participants actively contributed, sharing their perspectives and asking pertinent questions. They also expressed their appreciation for this valuable mentoring session.



We deeply appreciate your ongoing support, as it enables us to conduct more mentoring sessions and provide educational resources to the future leaders of Sierra Leone.