Financial Foundations for Ghanaians

GH₵ 450
(124 reviews)

A comprehensive 8-week beginner course teaching essential financial management within Ghana's economic context. Perfect for those looking to establish a solid foundation for their financial future.

Course Highlights

  • 8-week structured curriculum with weekly lessons
  • Personalized budgeting templates for Ghanaian income levels
  • Access to 4 live group coaching sessions
  • Ghana-specific savings strategies and opportunities
  • Introduction to local investment options
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Course Description

The Financial Foundations for Ghanaians course is designed specifically for working adults in Ghana who want to take control of their financial future. This comprehensive 8-week program covers all the essential aspects of personal finance within Ghana's unique economic context.

Unlike generic financial courses, our program addresses the specific challenges and opportunities within Ghana's economy, including navigating local banking systems, understanding Ghana's inflation patterns, and identifying legitimate investment opportunities in the Ghanaian market.

What You'll Learn

  • Ghanaian Financial Ecosystem: Understand the structure of Ghana's financial system, including banks, microfinance institutions, and mobile money platforms.
  • Income Management: Learn practical budgeting techniques that work with irregular income patterns common in Ghana.
  • Debt Management: Strategies for managing and reducing debt while navigating Ghana's high-interest environment.
  • Savings Strategies: Discover effective savings approaches that protect against inflation, including susu collectives and formal banking products.
  • Introduction to Investments: Learn about Treasury bills, stocks on the Ghana Stock Exchange, and other accessible investment vehicles.
  • Financial Goal Setting: Develop realistic short-term and long-term financial goals with actionable plans to achieve them.

Course Format

  • 8 Weekly Modules: Each module includes video lessons, readings, and practical exercises.
  • 4 Live Group Coaching Sessions: Join our financial coaches online for Q&A and personalized guidance.
  • Practical Assignments: Apply what you learn with real-world exercises tailored to your financial situation.
  • Private Community: Connect with fellow students for support, accountability, and networking.
  • Ghana-Specific Resources: Access budgeting templates, financial calculators, and resource guides designed for Ghana.

Who Should Take This Course

  • Working professionals looking to improve their financial management skills
  • Recent graduates starting their career journey
  • Small business owners wanting to separate personal and business finances
  • Individuals struggling with debt or inconsistent savings habits
  • Anyone wanting to build a solid financial foundation in Ghana's economic environment

No prior financial knowledge is required—just a commitment to improving your financial health and implementing what you learn.

Course Curriculum

Module 1: Understanding Ghana's Financial Landscape

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  • Lesson 1: Overview of Ghana's Banking System
  • Lesson 2: Mobile Money and Digital Banking in Ghana
  • Lesson 3: Understanding Financial Services Fees and Charges
  • Lesson 4: Rights and Protections as a Financial Consumer
  • Assignment: Map Your Current Financial Service Providers

Module 2: Income Management in the Ghanaian Context

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  • Lesson 1: Tracking Income Sources (Regular and Irregular)
  • Lesson 2: Creating a Ghana-Specific Budget
  • Lesson 3: Managing Extended Family Financial Responsibilities
  • Lesson 4: Cutting Expenses Without Sacrificing Quality of Life
  • Live Session: Personalized Budgeting Workshop

Module 3: Debt Management Strategies

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  • Lesson 1: Understanding Different Types of Debt in Ghana
  • Lesson 2: Calculating Your Total Debt Burden
  • Lesson 3: Strategies for Debt Reduction
  • Lesson 4: When and How to Access Credit Responsibly
  • Assignment: Create Your Personal Debt Elimination Plan

Module 4: Saving in Ghana's Economic Environment

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  • Lesson 1: Setting Up an Emergency Fund
  • Lesson 2: Traditional and Modern Saving Methods
  • Lesson 3: Overcoming Savings Challenges in High-Inflation Periods
  • Lesson 4: Savings Accounts, Fixed Deposits, and Susu
  • Live Session: Emergency Fund Planning

Module 5: Introduction to Ghanaian Investment Options

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  • Lesson 1: Ghana's Investment Landscape Overview
  • Lesson 2: Treasury Bills and Government Securities
  • Lesson 3: The Ghana Stock Exchange Basics
  • Lesson 4: Mutual Funds and Collective Investments
  • Assignment: Research Your First Potential Investment

Module 6: Insurance and Protection

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  • Lesson 1: Understanding Insurance Needs in Ghana
  • Lesson 2: Health Insurance Options (NHIS and Private)
  • Lesson 3: Life Insurance and Income Protection
  • Lesson 4: Property and Asset Insurance
  • Live Session: Insurance Needs Assessment

Module 7: Financial Goal Setting and Planning

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  • Lesson 1: Identifying Your Financial Priorities
  • Lesson 2: Setting SMART Financial Goals
  • Lesson 3: Creating Timelines and Action Plans
  • Lesson 4: Tracking Progress and Adjusting Plans
  • Assignment: Develop Your 1-Year and 5-Year Financial Plans

Module 8: Building Sustainable Financial Habits

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  • Lesson 1: Financial Habits and Mindset
  • Lesson 2: Automating Your Financial System
  • Lesson 3: Continuous Financial Learning
  • Lesson 4: Passing Financial Knowledge to the Next Generation
  • Live Session: Course Review and Next Steps Planning

Your Course Instructors

Ama Owusu

Ama Owusu

Lead Financial Educator

Ama brings 15 years of experience in Ghana's banking sector to this course. She specializes in personal financial management and has helped over 2,000 Ghanaians improve their financial situations.

Certifications: Certified Financial Educator, MBA in Finance

Experience: Former Senior Financial Advisor at Standard Chartered Bank Ghana

Kofi Boateng

Kofi Boateng

Investment Specialist

Kofi is an investment analyst with extensive knowledge of Ghana's investment landscape. He teaches the investment modules and helps students understand how to evaluate investment opportunities in Ghana.

Certifications: Chartered Financial Analyst (CFA), BSc Economics

Experience: 12 years at Ghana Commercial Bank's investment division

Student Reviews

4.8
124 reviews
5 stars
85%
4 stars
12%
3 stars
2%
2 stars
1%
1 star
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David Asamoah

May 12, 2024

This course has completely transformed how I manage my money. Before, I was always running out of money before month end, but the budgeting techniques have helped me get on track. The fact that everything is tailored to Ghana's economy made it so much more relevant than other financial courses I've tried.

Abena Mensah

April 3, 2024

As someone who has always been intimidated by financial topics, I found this course incredibly accessible. The instructors explain complex concepts in simple terms, and the practical exercises helped me apply what I learned immediately. I've already set up my emergency fund and started my first investment in Treasury bills!

Joseph Quartey

March 18, 2024

Great course with excellent content. The modules on debt management and savings strategies were particularly helpful for me. I would have liked more detailed information on stock investments, but I understand this is a foundations course. The live sessions were invaluable - Ama answered all my questions patiently.

Frequently Asked Questions

How is this course different from other financial courses?

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Our course is specifically designed for Ghana's economic context. We address local challenges like high inflation, mobile money usage, and Ghana-specific investment vehicles. All examples, case studies, and practical exercises use Ghanaian currency and scenarios, making the content immediately applicable to your daily financial life in Ghana.

Do I need any prior financial knowledge to take this course?

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No prior financial knowledge is required. This course starts with the fundamentals and gradually introduces more complex concepts. We've designed it to be accessible for complete beginners while still providing valuable insights for those with some financial background.

How much time will I need to commit each week?

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We recommend setting aside 3-4 hours per week to get the most from this course. This includes about 1-2 hours for video lessons and readings, plus 1-2 hours for practical exercises and implementation. The live sessions are approximately 1 hour each, scheduled every two weeks.

Will I get personalized financial advice?

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While this course teaches principles and strategies, it doesn't provide personalized financial advice. However, during the live group coaching sessions, you can ask questions about applying concepts to your situation. For one-on-one personalized advice, we offer separate financial coaching services that can be booked after completing the course.

How long will I have access to the course materials?

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You'll have lifetime access to all course materials, including any future updates we make to the content. This allows you to revisit modules and lessons whenever you need to refresh your knowledge.

Do you offer payment plans?

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Yes, we offer a 3-month payment plan option. You can choose this option during checkout. The course fee is split into three equal payments, with the first payment due at enrollment and subsequent payments due 30 and 60 days later.