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Financial security lies at the heart of personal sustainability, right up there with healthcare and adequate nutrition. Without adequate financial resources, individuals have reduced or no access to life’s basic necessities: food, clothing, shelter, education, and medical care. The road to financial security begins with financial literacy: a basic understanding of personal finance and how investing can allow individuals to build wealth and save for their financial futures.
Increased financial stability and personal sustainability lead to realising greater human potential and better social outcomes and financial literacy is the stepping stone. Becoming financial literate and achieving personal sustainability will help you as you strive to enact changes in response to global socio economic issues.
But most people have no access to even basic personal financial education. That’s where the DriveWealth-World Merit Financial Literacy Challenge comes in.
During the Financial Literacy Challenge “Creating A Sustainable You”, World Merit members first educated themselves on the basics of personal finance and investing, and then passed on that knowledge to members of their local communities. The final product is a video of the members presenting their newfound financial knowledge to their communities.
View the submissions from our 2015 challenge below!
CORNELIUS H. EZEKIEL