Financial Literacy Class with Hilda

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19/06/2020

We buy goods and services with money. The value of the products we purchase to an extent depends on the price we pay on them.
Well do we know the price of money?
The price of money is interest rate.
Interest rates determine the demand and supply of money.
To better understand, when the government wants to reduce the supply of money in the system it will increase interest rates on investments such as treasury bills. This will entice the public to invest their monies in treasury bill causing a reduction in money supply and vice-versa.
Take home for today on Financial Literacy Class with Hilda

16/06/2020

What is a treasury bill?
Treasury bill is a short term investment which matures in less than one year. It is monies the public lend to the government.

25/10/2019

Let's learn more of the differences between savings and investments.
Savings are made to fulfill short-term or urgent requirement. Investment is made to provide returns and help in capital formation.
Savings have lower returns. Investments have high returns.
Savings are very liquid. Investment are less liquid.
Self test :Are we saving or investing?

25/10/2019

This week we will look at the difference between savings and investments.
Saving is setting aside money you don't spend now for emergencies or future purchase. It's money you want to be able to access quickly with little or no risk.
Investment on the other hand is buying assets such as stocks, bonds, mutual funds or real estate with the expectation that your investment will make money for you. Investment usually are selected to achieve long-term goals.

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Kumasi

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+233247776063

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