Youth Have No Reason To Be Poor Adults – Ken Ofori-Atta

The Executive Chairman of Databank Financial Services has charged the youth to take advantage of the many investment and savings opportunities on the market to secure a wealthy future.

Ken Ofori Atta believes the Ghanaian youth have no reason to be poor adults, emphasizing that early savings in life will provide a substantial financial guarantee at retirement.

He gave the advice in an interview with Luv News at the Ashanti Regional edition of the Databank Universal Economic School (DUES) in Kumasi. According to Mr. Ofori-Atta, one of the major challenges in the Ghanaian society is the appreciation of little things that can propel growth in future.

“Poverty to a certain degree is a choice, I know there is gripping poverty, but for most of us, there is some five cedis we can save every month, and if you were to invest 50 cedis at 15% interest each month for the next 25 years, you will end up with over 150 thousand cedis, a substantial amount”, he stated.

Mr. Ofori-Atta stressed on self discipline, dedication and focus as tenets for long term investment plan.

The DUES Greatness Summit is an annual national event of the Databank Universal Economic School CLUB. It brings together the youth to share experiences and acquire knowledge to achieve higher heights in their chosen professions.

The summit serves as a platform to network students and young professionals from all regions of the country. Over 5,000 youth attended the school in Kumasi.