Miriam Maku Amissah, Head of Client Experience at Stanbic Investment Management Services (SIMS), has encouraged young Ghanaians to set financial goals early in life. She made this statement at the ‘Smart Start Finance Series – Start the Year Right Conference 2024’ held at the Stanbic Incubator.
She advised participants that the best time to begin setting their financial goals was immediately. She said, “A new year provides an excellent opportunity for you to assess the past year and begin to set achievable goals for the new year. Just like most religious bodies have themes for the year, we must also have themes regarding our finances.”
“It is important to set financial goals because they affect whatever plans are set for the year. Whether it is weight loss goals, personal growth, or academic goals, they all involve money. Therefore, to have a fruitful year, you must set financial goals to help you achieve your personal goals,” she added.
Miriam also addressed some of the challenges in setting practical financial goals and explored some ways to tackle them.
She said, “Admittedly, setting financial goals can be difficult. Many setbacks hinder us from achieving the goals we set for ourselves. Goals can change within the year and need to be updated.”
“We must learn from our mistakes and develop better ways to achieve our goals. As the year goes on, your goals may change rapidly, and you may have to make some swift decisions to update your goals. Do not give up when you face a stumbling block; strategize and modify your goals to fit you better. I am certain that you will be able to meet your goals this year,” she intimated.
The Smart Start Finance Series – Start The Year Right Conference 2024 is a financial literacy event hosted by D.Bredu Financial Academy.
“Geared towards young individuals, the conference aims to equip participants with essential skills and knowledge for effective financial management and growth.
“The primary goal is to enhance financial literacy among the youth, contributing to a more financially informed and empowered generation in the country,” she said.