Mr Samuel Danquah, a seasoned banking professional, has urged the young people of Ghana to embrace all efforts geared towards their financial empowerment.
Speaking during the Pentecost Students and Associates (PENSA) – Legon Financial Empowerment Summit, Mr Danquah emphasised the indispensable role of financially empowered citizens in fostering the progress of the nation. He highlighted the direct correlation between individual financial empowerment and effective contributions to national development.
“If we see ourselves as youth and future leaders of our country, we must seek to be financially empowered, get independent in our thinking, get equipped to make generational impact and take key positions in government and or other strategic management roles,” he stated.
The seasoned professional underscored the importance of cultivating a mindset geared towards independence and making substantial contributions to key sectors, including government and strategic management roles.
He asserted that by actively pursuing financial empowerment, the youth could play pivotal roles in shaping the trajectory of the nation.
Mr. Samuel Danquah outlined the key elements necessary for individuals, particularly the youth to take control of their financial well-being.
Emphasizing that financial empowerment is a dynamic and ongoing process, Mr. Danquah asserted that it extends beyond income levels to encompass knowledge, skills, resources, and confidence.
“To be financially empowered, one must gain the knowledge to understand how money works, make informed financial decisions, and actively manage resources to achieve both short-term and long-term goals,” Mr. Danquah stated.
He underscored the importance of financial empowerment as a critical component of personal and economic development, stressing that it goes beyond mere wealth accumulation.
According to Mr. Danquah, wise financial choices and effective resource utilization play a pivotal role in enhancing overall quality of life.
Drawing inspiration from one of Jesus’ parables, specifically the Parable of the Talents, Mr. Danquah highlighted the timeless wisdom embedded in the narrative. The parable, found in the book of Matthew (25:14-30 NKJV), illustrates the concept of investing and multiplying one’s resources.
“The Parable of the Talents teaches us about the importance of leveraging our abilities and resources to generate returns. It emphasizes the principle that to those who actively use their talents, more will be given,” he explained.
He, therefore, urged the youth to embrace the ongoing journey of financial empowerment, adapt to different life stages and circumstances.