Why Budgeting Your Money Well Is the Best Way to Escape Poverty

Discover how effective budgeting can be a powerful tool for escaping poverty in this insightful TEDx talk by Pauline Ngari, a seasoned socioeconomic development practitioner with over 30 years of experience. Learn the definition of budgeting as a process of tracking income and expenses to create a wise spending plan. Explore the benefits of budgeting, even with limited resources, and understand how it forms the foundation of financial security. Gain valuable insights from Ngari's extensive experience in business development services and financial inclusion for rural and marginalized populations. As the founder and CEO of Youth Talent and Enterprise Development Center (YTEDC) Ltd, Ngari shares her expertise in training, consultancy, and mentoring for talent and life skills development. Understand how proper budgeting can help achieve financial goals and contribute to character formation and self-belief.