Bannerman keen to make Batswana better spenders

Ed Bannerman, the Positive Encounters personal development organisation lead facilitator, says he wants to change the mindset of Batswana to make them better at managing their finances.

Bannerman, who hosted a seminar titled Let's talk About Money (LTAM) early this month, said he would host seminars on a monthly basis to address money issues. "The seminars are in stages and the first one dealt with creating awareness," he said.

He said most Batswana struggle financially because of the inability to save, having multiple debts, and lack of knowledge on how to make more money. He said these are however mere symptoms of the problem as problems range from habits such as emotional spending, and borrowing for consumption rather than income generation. Bannerman however said the solution is to change people's mindsets and attitudes. He said money empowerment is about establishing the root cause of financial challenges and providing tools and techniques to provide people with more money to live fulfilling lifestyles. Bannerman said LTAM was established for this main purpose. "LTAM provides opportunities for change through information and instruction," he said.

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