Business & Finance #1: Are you literate?

The Wikipedia definition of Financial literacy is, the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it, how he/she invests it (turn it into more) and how that person donates it to help others. Of course, put like that, it is easy to see that to be financially literate is important to anyone so that they might survive in our money fuelled world but it is in Africa and the rest of the third world that its importance is really highlighted