
Audio By Carbonatix
Managing Director of EDC Investments Ltd, Paul Kofi Mante, has explained that the journey to financial independence is not a sprint but a marathon.
He attributes the rise in the 'get rich' mentality amongst the youth to the unrealistic notion that the road to financial independence is a 100m sprint.
“We don’t acquire money all at once but in bits. The journey to financial independence is not a sprint but a marathon. It is not a day event, but in bits, timing and consistency, one can make money. We need our young ones to understand that making money is not an event but a painstaking process.
"We want people to understand that with discipline, we can achieve and get the money we desire,” he said at the launch of the financial literary segment on Happy FM dubbed ‘Wo Sikasem’ on the 'Epa Hoa Daben' current affairs show.
According to Mr Mante, life is not an event but a journey with many learning experiences; he, therefore, urged Ghanaians, especially the youth, to set financial goals for themselves if they want to make ‘clean’ money.
“EDC and Happy FM are collaborating in teaching and promoting the culture of investment through this radio broadcast. We want to explain the principles of making money to the Ghanaian populace and in the process help many people to attain financial independence."
Money is considered a major life course regardless of one’s profession, or social status and this campaign seek to build capacity and knowledge of money.
As multiple income streams are a necessity and not a luxury, all listeners are entreated to tune in daily for these money-making nuggets from EDC investments.
"Ecobank Development Corporation (EDC) Ghana is the securities, wealth and asset management subsidiary of the Ecobank Group in Ghana."
EDC’s flagship fixed income fund is the biggest fund in Ghana and has grown to over ¢2.7 billion ever since its inception in 2012.
With over 80 per cent of the fund invested in government and quasi-government securities, investors are assured of the security of their funds.
One can join the EDC family by walking into any branch of Ecobank and needs a minimum of ¢50 to subscribe to a preferred policy.
Latest Stories
-
Ramifications of the IPO market surge in Africa
9 minutes -
Ghana Exim Bank’s UN Global Compact membership to boost global credibility and sustainable financing – CEO
15 minutes -
UN Global Compact urges Ghanaian firms to accelerate sustainability drive as Exim Bank joins initiative
15 minutes -
High Court orders Abu Trica extradition to US over alleged $8m romance fraud
22 minutes -
Zanetor advocates stronger security collaboration to improve prosecution of terrorism-related offences
34 minutes -
Nortsu-Kotoe demands dissolution of Bolgatanga Technical University Governing Council
37 minutes -
Canadian boy, 11, dies of rabies after waking to bat on his face
38 minutes -
New Cashew Council Ghana Board inaugurated to boost sector growth
38 minutes -
Ghana Exim Bank joins UN Global Compact to deepen commitment to sustainable finance and responsible business
40 minutes -
Residents of Alajo fear cholera outbreak over piles of refuse after floods
40 minutes -
Why Ghana should embrace modern multi-storey apartment buildings to reduce flood risk
46 minutes -
Observe high hygiene standards after floods to prevent disease outbreaks – Public health expert
57 minutes -
‘She’s a real Scorpio’: Gen Z’s love for astrology is showing up in their jewelry
1 hour -
Monday’s floods destroyed everything in my home – Kwame Jantuah
1 hour -
Bosome Freho District Assembly empowers persons with disabilities with start-up kits to reduce street begging
1 hour