Introduction
If personal finance is the engine that drives financial independence, then money is the fuel. Without understanding what money is, how it works, and how it flows through society, it becomes almost impossible to manage it wisely.
This module will help you:
- Understand what money really is.
- Learn the history and evolution of money.
- Explore the different forms of money today.
- Discover how money moves in the economy.
- Grasp the value of money and its connection to poverty and opportunity.
- Reflect on global perspectives of money.
- Gain tools to teach money concepts to students.
1. What is Money?
Money is anything widely accepted as a medium of exchange for goods and services. It also serves as:
- Store of value – keeps value over time.
- Unit of account – a standard measure for pricing.
- Medium of exchange – simplifies trade.
Without money, trade would depend on barter, which is inefficient.
2. The History of Money
- Barter system – exchanging goods directly.
- Commodity money – using items like salt, shells, or gold.
- Coins and paper currency – standardized and backed by governments.
- Digital money – credit cards, mobile money, cryptocurrencies.
Each stage of money’s history shows how societies adapt to make trade easier.
3. Forms of Money Today
- Cash (coins, notes).
- Bank deposits (money stored electronically).
- Digital money (mobile banking, online transfers).
- Cryptocurrency (Bitcoin, Ethereum, etc.).
Young people must understand these forms to thrive in a modern economy.
4. How Money Moves in the Economy
- People earn income from jobs, businesses, or investments.
- They spend on goods/services.
- Businesses earn profits and pay workers.
- Governments collect taxes and provide services.
- Banks lend money, enabling investments and growth.
Money flows in cycles when disrupted, poverty and unemployment rise.
5. The Value of Money
The value of money depends on:
- Inflation (rise in prices reduces purchasing power).
- Exchange rates (strength of a currency compared to others).
- Trust in government and financial systems.
Understanding value helps young people make smarter choices, e.g., saving in stable currencies or investing to beat inflation.
6. Money, Poverty & Opportunity
- Misuse of money creates debt and poverty.
- Wise use of money creates wealth and opportunities.
- Financial literacy enables people to break cycles of poverty and unlock opportunities like business, education, and investments.
7. Global Perspectives on Money
- In developed countries, digital transactions dominate.
- In developing countries, cash and mobile money are still widespread.
- Globally, there’s a push towards cashless economies.
- Cryptocurrencies are reshaping the financial landscape.
8. Challenges in Understanding Money
- Misinformation (scams, get-rich-quick schemes).
- Cultural taboos (talking about money is often discouraged).
- Complexity (financial systems can be hard to grasp).
9. Practical Exercises for Young Leaders
- Money Map Exercise – Draw how money flows in your life (income, spending, saving).
- Currency Research – Compare your country’s currency to 2 others (exchange rate, value, history).
- Teach Back – Explain “What is money?” to a younger student in simple language.
10. Becoming a Money Educator
As a financial literacy ambassador, you should:
- Teach students about the history and role of money.
- Explain how currency works in everyday life.
- Show them how money choices can create either poverty or opportunity.
Conclusion
Money is more than paper or coins, it is a tool of power, opportunity, and influence. By mastering its history, forms, and flow, you can make wiser choices and empower others to do the same. As a young leader, teaching the next generation about money ensures they use it as fuel for independence, not chains of poverty.
Kindly share a summary of what you have learnt in the comment below in this format:
- Full name:
- Country:
- Summary of what you have learnt:
Join KAFI Community
Steve Zimheni
ReplyDeleteFrom Zimbabwe
Through the KAFI Foundation's module on understanding money and currency, I've gained a deeper understanding of the role of money in society. I've learned that money serves as a medium of exchange, store of value, and unit of account, and that its history has evolved from barter systems to digital currencies. I've also learned about the different forms of money today, including cash, bank deposits, and cryptocurrencies, and how money moves in the economy through cycles of earning, spending, and investing. Additionally, I've gained insights into the value of money, including the impact of inflation and exchange rates, and how wise use of money can create wealth and opportunities. Overall, this module has equipped me with practical knowledge to make informed financial decisions and to teach others about the importance of money management.
Martha siakabizi
ReplyDeleteZambia
Lesson: money is anything of value.
Money is anything widely accepted as a medium of exchange for goods and services.
The value of money depends on:
Inflation (rise in prices reduces purchasing power).
Exchange rates (strength of a currency compared to others).
Trust in government and financial systems.
Forms of money
Cash (coins, notes).
Bank deposits (money stored electronically).
Digital money (mobile banking, online transfers).
Cryptocurrency (Bitcoin, Ethereum, etc).
HAKIZIMANA Theoneste
ReplyDeleteRwanda
Money flows like rivers wide,
From hands to hands, it moves with pride.
From barter days to digital streams,
It shapes our hopes, our dreams, our schemes.
Spend it wisely, save with care,
Opportunities bloom everywhere.
Misused, it binds; used well, it frees,
A tool for growth, for life, for ease.
As leaders, we teach, we guide, we show,
How money’s power helps young minds grow.
From coins and notes to crypto bright,
We light the path to financial sight.
Shalisca T Gomile , Malawi.
ReplyDeleteFinancial literacy enables people to break cycles of poverty and unlock opportunities like business, education, and investments. In a world where money is power it is important to learn to manage it wisely . We shouldn't let money control our life's but rather control how we use it and save for the future.
Adewuyi Anuoluwapo Damilola
ReplyDeleteNigeria
Knowing about money helps in financial literacy and the help us know the value of money.It help us in savings and how we can invest.
james maninjala
ReplyDeletemalawi
My summary for Day 2 Self & Money Awareness
Financial Literacy: Understanding Money & Currency
Money is more than a tool for buying and selling; it represents value, trust, and exchange in society. Currency (paper money, coins, and now digital money) is the medium through which transactions take place. This session made me reflect on how money has evolved and how digital currency is shaping our financial future. I realized that understanding money deeply will help me make smarter choices, especially as new technologies like mobile banking and cryptocurrency emerge.
Emmanuel Oche Samuel
ReplyDeleteNigeria
Aside it being a coin or paper or in digital format, money is expression of economic value. This value is what facilitates purchasing power, store up wealth and also have investments. Furthermore, money being the centre of all economic and financial value has direct impact on our lives. As leaders we are obligated to understand money, the history, flow and trends and also the valuation of our money compared to other currencies.
Sikhulile Hlatjwako, Eswatini
ReplyDeleteMoney moves in the economy through a cycle between households, businesses, government, and banks.
Households earn income by providing labor and skills to businesses.
They spend this income on goods and services, creating revenue for businesses.
Businesses use that revenue to pay workers, buy resources, and invest in growth.
The government collects taxes from both households and businesses.
It then spends on public services, infrastructure, and salaries, which puts money back into circulation.
Banks move money by providing loans, savings, and investments.
Loans help households buy goods and help businesses expand production.
Trade between countries also shifts money across borders through imports and exports.
In this way, money continuously circulates and keeps the economy active and growing.
Full name: Eldien E Matroos
ReplyDeleteCountry: Namibia
Module 4:
i've learned from this Module Understanding Money & Currency lesson that money is a powerful tool that can be used as a means of exchange, a store of value, and a unit of account. It's not only paper or coins. I now know how money has changed over time, starting with the barter system and continuing through commodities, coins, paper money, and today's digital versions like cryptocurrencies and mobile banking. I gained knowledge about how money moves between people, companies, governments, and banks throughout the economy and how interruptions to this cycle can result in unemployment and poverty. I also learned that currency rates, inflation, and confidence in financial systems all affect the value of money, so it's critical to save and invest prudently.
Most significantly, I've come to understand that money can either open doors to opportunity when handled properly or lead to poverty when it is mishandled. As a young leader, this module taught me that educating others about money is essential to ending cycles of financial hardship and enabling communities to view money as a source of opportunity and freedom.
Belema George
ReplyDeleteFrom Nigeria
Understanding money and currency is crucial for making informed financial decisions and navigating the global economy.This involves knowing what money is, how money works, the different forms of currency, and studying exchange rates on its impact on international trade and travel.With the knowledge gained from this module I can be able to have a competitive edge in business or my personal finance and I now understand better the importance of money and currency.
Victor Osaba ongala from Kenya
ReplyDeleteThanks kafi for this module Iit is really interesting,I have learnt that money can solve 90%of my problems in various ways and I have also learnt the value of currency
Nyapendi Margret
ReplyDeleteUganda🇺🇬
Money is more than just cash in our hands—it is a tool of exchange, a measure of value, a way to store wealth, and a means to plan for the future. To use money wisely, we must learn how to earn it, spend it responsibly, save it, invest it, and protect it.
Money is a servant, not a master. When managed well, it creates security, opportunities, and freedom.
Chisomo chikanongo from Malawi.
ReplyDeleteLesson learnt - it's good to know the cash flow to kick against financial literacy. If the community doesn't know the graph of money at end of the month you struggle and suffer a lot. And know the value of money it can go down and rise and affect people it's where stress,and depression comes in. As in malawi it's good to know the currency of the money because devaluation can come anyhow and affect the cash flow of the family.
Name: Tumanjong Miranda
ReplyDeleteCountry: Cameroon
Day 2 Summary:
Money is anything widely acceptable medium for the exchange of good and services. Money evolved from barter system to commodity money, to coins and paper currency and digital money. It can be in the form of cash, bank deposits, digital money and cryptocurrency. The value of money depends on factors such as inflation, exchange rate, trust in government and financial system.
When people, especially children understand money early, it helps them make better choices and avoid debt traps.
Eunice Louis
ReplyDeleteMalawi
I have learnt that understanding money and currency is important for financial independence, as it involves knowing what money is, its history and evolution, forms, movement in the economy, and value. Money is more than coins or notes it is a tool for exchange, a store of value, and a unit of account that makes trade easier than barter. Its history shows evolution from barter and commodities to coins, paper, and now digital and cryptocurrencies. Today, money takes many different forms, such as cash, bank deposits, mobile transfers, and crypto, all of which young people must understand in order to succeed in the modern economy. The value of money depends on inflation, exchange rates, and trust, making financial literacy vital to avoid poverty and create opportunities through wise choices. By learning and teaching how money flows in the economy, young leaders can empower other people to use money as fuel for independence, wealth creation, and opportunities rather than a trap of debt.
Kapumbwe Samuel
ReplyDeleteZambia
I've learnt most that money being the medium of exchange in products and services, once misused can cause poverty and debts yet once used wisely can create opportunities that can lead to wealth and positive financial well being
Dineo Mphuti
ReplyDeleteSouth Africa
Money can be seen as a mode of exchange for goods and services. In the good old days people used to trade goods with goods, then they started using coin and paper currency which now they are able to use digital money. Money can be given as a form of income for a token of appreciation for a service provided, buy goods and pay tax.However, now money depends on rates, inflation and financial systems. Although people have a challenge understanding money because of misinformation and complicated financial terms it is important for the youth to understand money as it can help them in making good financial choices that can lead to the creation of jobs to reduce or eradicate poverty.
Ebrima Touray
ReplyDeleteGambia
My takeaway from the the module:
Money is valuable in ones life. It is the fuel for Financial independence. I've learned that the value of money differ from country to country and it's used as a medium for trade. Besides I have learned about the the different forms of money used in today’s generation.
Mwila Zulu
ReplyDeleteZambia,
From this lesson on understanding money and currency, I have learnt that money is more than just bank notes and coins, it holds power, influence and opportunities. By understanding the importance of money, the history behind money and trade it helps you understand why the way money is used and what it means for the future. And you understand the importance a currency has on its country and what it entails for their economy.
Seshther Banda
ReplyDeleteMalawi
Money is a medium of exchange that enables trade and serves as a store of value and unit of account. Its history has evolved from barter to commodity money, coins, paper currency, and digital forms like cryptocurrencies. Understanding money's forms, value, and flow is crucial for making smart financial decisions and breaking cycles of poverty. By mastering money management, young leaders can unlock opportunities, create wealth, and empower others to do the same. Effective financial literacy education can help the next generation use money as a tool for independence and prosperity, rather than a source of debt and poverty.
ReplyDeleteBlessmore Mahuka
Country Zimbabwe
I learned the real value and meaning of money. Money is something that we use to get goods and services . The forms of money today include cash , digital money and bank deposits , all of which can be used to buy certain services. People earn money from their jobs or business and they use that money to buy goods and services and this allows the Government to collect taxes and drive the economy . However the values of money is often affected by things like inflation and exchange rates depending on the currency one is using. Some currency are way more powerful than other currency. This is why budgeting and financial literacy is important because misuse of money leads to poverty and debts while the proper use of money can lead to wealth
Grace Victoria Nkhoma
ReplyDeleteMalawi
I have learnt what money is ,the history of money for instance barter system, commodity money , coins and paper currency. Forms of money to day like cash ,bank deposits, digital money, and how money moves in the economy, like people earning income from jobs businesses, spending on good and services , businesses earn profits and pay . I have also learnt that the value of money depends on inflation, exchange rates , trust in government and financial systems.How misuse of money creates debt and poverty vice versa
Creating wealth and opportunities .How financial literacy helps people to break poverty cycles.l have learnt the global perspective on money for instance in developed countries, digital money dominate while in developing countries cash and mobile money is used , globally there a push towards cashless economies . I have learnt challenges in understanding money such as misinformation, cultural taboos and for one to become a money educator , must teach students about the history of money and explain how currency works in everyday life most importantly show them how money choices can create either poverty or opportunity.
Tadala Kandeya
ReplyDeleteFrom Malawi 🇲🇼
In this module, I have learnt that money flows in the economy through earning, spending, business profits, government taxes and services, and bank lending for growth. Its value depends on inflation, exchange rates, and trust in systems. Wise use creates wealth/opportunities, while misuse leads to debt and poverty. Globally, developed countries use digital transactions, developing ones rely on cash or mobile money, with cryptocurrencies reshaping finance. Challenges include misinformation (scams) and cultural taboos on money discussions.
Name: Esau Kanu
ReplyDeleteCountry: Sierra Leone
In this final module, I have learnt that money is the fuel that powers financial independence, and understanding it is key to making wise choices. It has evolved from barter and commodities to cash, digital money, and cryptocurrencies, serving as a medium of exchange, store of value, unit of account, and in settlement of debts. Its value depends on factors like inflation, exchange rates, and trust, and it flows through people, businesses, governments, and banks to drive the economy. Wise money management creates opportunities, while misuse can lead to poverty. By learning its history, forms, and impact, I can make better financial decisions and help others to do the same.
Thank you.
OLIVIA KAMPHALE
ReplyDeleteMALAWI
Brief Summary
Leaders need to understand what money really is in terms of how it works and how it flows through society. The essence of trade is money. In the past, people used the barter system in trade, where goods were exchanged directly. People also used items like salt, shells, or gold. Nowadays, people use money to trade. Money can be in the form of cash, bank deposits, digital money, and/or cryptocurrency. Money can be earned in the form of income, profits and taxes and can also be spent on goods. Things like inflation, exchange rates and trust in government and financial systems determine the value of money. Misuse of money creates poverty, and it is very important, as leaders, to understand what money is and how it works.
Wilned Mhango from Malawi
ReplyDeleteI the module of understanding Money and Currency,i have learnt that money is a powerful tool of exchange, value and opportunity.
Money originated from from barter system to modern forms like digital and cryptocurrency.
Money money through the economy by earning, spending,taxes and investment.
The value of money is affected by several factors such as inflation, exchange rates and public trusts.
I have realised that from this module that wise use of money creates wealth while the it's misuse lead to poverty and debts.
All in all, financial literacy is the key to achieving independence and empowering others to use money responsibly.
full name: Malama pole
ReplyDeletecountry: zambia
summary of what i have learned from this module
1. Money is a medium of exchange: Facilitates trade and serves as a store of value and unit of account.
2. Evolution of money: From barter to digital currencies.
3. Forms of money: Cash, bank deposits, digital money, and cryptocurrency.
4. Money flow: Income, spending, saving, and investing impact poverty and opportunity.
5. Wise money management: Creates wealth and opportunities, while misuse leads to debt and poverty.
Name: Chileshe Kabeke
ReplyDeleteCountry: Zambia
I have learnt that it is very important understand what money is in order for you to be financially literate. Money is anything widely accepted as a medium of exchange for goods and services. Knowing its history enables us get more insights. I have learnt that there are many forms of money like coins, cash and digital money. Money moves in different places with different businesses and people, so when money is interrupted, this effect causes poverty and unemployment. It is also important to note that the value of money depends on inflation, exchange rate and trust. Understanding this value helps us to make smart financial decisions. The misuse of money creates poverty and debt and being financially literate helps break these cycles . There are many challenges associated with money which include misinformation,
taboos and complexity. Therefore it is my duty to teach others thag money is a tool of power, opportunity and influence. Therefore we need to make wise choices
Rejoice Chingagwe
ReplyDeleteMalawi
From this module, i got to understand what money it. It can be defined as anything that is widely accepted as a medium of exchange of goods and services. Historically, it started from barter systems where people were exchanging goods and later on evolved to digital currencies. Within the economic domains,of money from people who doing business investments and jobs to earn income to banks lending money.. The disruption of these cycles can lead to unemployment and poverty. Thus wise use of money can bring in more opportunities like investments creating wealth for a individual. That is why financial literacy comes in to bring in these opportunities and eradicate poverty. Just like anything,that money has value and this value is dependent on the trust of financial institutions and government as well as the exchange rate.of Money is founded in different forms like cash or digital money or cryptocurrencies.
Handema Harold
ReplyDeleteZambia
Interesting lesson on Money and currency, it's impact on people and the globe at large. It's important to know that money is a tool for power, opportunity, and influence. By understanding its role, you can make wise choices and empower others to do the same. Teaching financial literacy to the next generation helps them use money to build independence and create a brighter future.
- Full name: Jabir Tukur Bakiyawa
ReplyDelete- Country: Nigeria
- Summary of what I have learnt:
I have learnt that money is more than just cash, it’s a tool for exchange, value storage, and pricing. Understanding its history from barter to digital and cryptocurrency helps us manage it wisely. I now see how money flows through jobs, businesses, banks, and governments, and how its value is affected by inflation, exchange rates, and trust. Misusing money leads to poverty, while wise use creates opportunities. As a young leader, I must teach others how money works, how to avoid scams, and how to use it to build wealth and independence. Financial literacy is the key to turning money into a tool for empowerment.
Tinkhe Munthali from Malawi
ReplyDeleteUnderstanding money and currency.
Money is a value of exchange , These are some forms of money like cash, bank deposit , digital and cryptocurrency. people need to understand the value of money to avoid inflation.misusing money leads to debt and poverty while wise use of money leads to wealth. This is so because people doesn't have enough information about cashflow .As young leaders we to understand how much I have spend and get so that to maintain cash flow hence reducing poverty.
Tinkhe Munthali from Malawi
ReplyDeleteUnderstanding money and currency.
Money is a value of exchange , These are some forms of money like cash, bank deposit , digital and cryptocurrency. people need to understand the value of money to avoid inflation.misusing money leads to debt and poverty while wise use of money leads to wealth. This is so because people doesn't have enough information about cashflow .As young leaders we to understand how much I have spend and get so that to maintain cash flow hence reducing poverty.
Name:Mulenga Nsama
ReplyDeleteCountry: Zambia
From this module, I have learnt that true leadership begins with knowing and leading myself before I can lead others. Self discovery is the foundation it helps me understand my strengths, weaknesses, values, and purpose. By identifying what I do well and where I need to improve, I can grow into a more authentic and effective leader.
I have also understood the importance of building self-confidence, because confidence inspires trust, allows me to take risks, and helps me stand before others with authority. Emotional intelligence is equally vital, as it enables me to manage my emotions, connect with people, and build teamwork.
Linking this to financial literacy, I see that my habits and attitudes toward money directly affect how I can teach and inspire lenders. By modeling good financial discipline, showing confidence, and practicing empathy, I can influence others positively.
Overall, I have learnt that leadership is not about titles but about impact. The more I grow myself, the better I will be able to guide and inspire others, especially young people, toward financial empowerment and responsible living.
Sorry I made a mistake on this comment Its supposed to go under leadership
DeleteName: Mulenga Nsama
ReplyDeleteCountry: Zambia
I have learnt that money is more than coins and notes—it is a tool that drives independence, opportunity, and influence. Understanding its history, forms, value, and flow in the economy helps me make wiser choices and avoid poverty traps. This knowledge also equips me to teach others, especially young people, how to use money responsibly for growth and opportunity.
Mboh Honorine Ngamboh
ReplyDeleteCameroon 🇨🇲
Money is a widely accepted means of exchange for goods and services. The forms money takes differs within continents. Systems of exchange have moved from the barter, commodity, coin, paper to the different other systems we have today. The value of money (it’s purchasing power) varies within inflation, exchange rates and economic stability.
Nadine Putana
ReplyDeleteFrom Zimbabwe
Through the KAFI Foundation’s module on understanding money and currency, I have developed a deeper appreciation of money’s role in society. I learned that money functions as a medium of exchange, a store of value, and a unit of account, and that its history has evolved from traditional barter systems to modern digital currencies. I also explored the various forms of money in use today—such as cash, bank deposits, and cryptocurrencies—and how money circulates in the economy through earning, spending, and investing. In addition, I gained insights into the factors that affect the value of money, including inflation and exchange rates, and how wise financial choices can lead to wealth creation and new opportunities. Overall, this module has equipped me with practical financial knowledge to make informed decisions and to help others understand the importance of effective money management.
Am Janet Musate from Malawi, i have learnt that Money is anything widely accepted as a medium of exchange for goods and services. Back then people used money in form of barter system, Commodity money and more but now people use cash and bank deposit and more . Money flows through income, spending, taxes and more by disrupting this poverty can be increased. values of money is affected by inflation and exchange rates, by misusing money you can create poverty and by using it well you can create wealth and opportunities. challenges being faced in understanding money is misinformation and cultural taboo. By teaching history and role of money and explaining currency functions and showing money choices you can became a money educator.
ReplyDeleteFull name Ivy Mwanguku
ReplyDeleteCountry Malawi
I have learnt that money is anything people accept to trade goods and services. It helps us buy, save, and measure value. In the past, people used barter, then items like gold, later coins, paper, and now digital money and cryptocurrency. Money moves through the economy as people earn, spend, save, and pay taxes. Its value changes with inflation and exchange rates. Using money wisely can help reduce poverty and create opportunities, while misuse leads to debt. Different countries use money in different ways, and as young leaders, we must teach others how to understand and manage money well for a better future.
Tabe Mary Enow TAKU
ReplyDeleteCameroon
Day 2 module 4 :money
Today I learned that money is a crucial tool for financial independence, serving as a medium of exchange, a store of value, and a unit of account. Understanding its history—from barter to digital currencies—helps us grasp how it functions in the economy. Recognizing the value of money, the impact of inflation, and the relationship between money, poverty, and opportunity is essential for making informed financial decisions. As a young leader, I am equipped to teach others about money's role in creating opportunities and fostering financial literacy.
John Suab Kallon from Sierra Leone
ReplyDeleteMoney circulates in the economy through a continuous cycle involving households, businesses, government, and banks.
Households earn income by providing labor and skills to businesses. They, in turn, spend this income on goods and services, generating revenue for businesses. Businesses use that revenue to pay workers, purchase resources, and invest in growth, which sustains production and employment.
The government collects taxes from both households and businesses and redistributes this money through spending on public services, infrastructure, and salaries, thereby injecting money back into the economy.
Banks play a vital role in this cycle by providing loans, savings, and investment opportunities. Loans enable households to purchase goods and homes, while they help businesses expand operations and increase productivity.
Additionally, international trade facilitates the flow of money across borders through imports and exports, linking domestic economies with global markets.
In this way, money continuously circulates fueling production, consumption, and investment and keeps the economy active, balanced, and growing.
JAIRUS MAKOKHA MAYIKUVA
ReplyDeleteFROM KENYA
Money is anything widely accepted as a medium of exchange for goods and services. Through this module i have learnt a lot such as;
Forms of Money Today
How Money Moves in the Economy
The Value of MonThe History of Money
Money, Poverty & Opportunity
Challenges in Understanding Money
Practical Exercises for Young Leaders
Becoming a Money Educator
Cynthia Manjawira from Malawi
ReplyDeleteI’ve learnt that money is more than just cash it’s a tool for exchange, value and opportunity. It started from the barter system and has evolved into digital and cryptocurrency forms. I now understand how money moves in the economy through earning, spending, taxes and investments and how its value is affected by inflation, exchange rates and trust in financial systems. Most importantly I’ve learnt that using money wisely creates wealth and opportunities while misuse leads to debt and poverty. Financial literacy is truly the key to independence and empowerment.
Alinafe Mponda from Malawi, I have learnt meaning of money and is anything widely accepted as a. Medium of exchange for goods and services and it is also serve as store of value, keeps value overtime, unit account a standard measure for pricing and medium exchange simplifies trade
ReplyDeleteThe history of money barter system exchanging goods directly, commodity money using iterms like salt, shells and gold, coins and paper currency by standardized and backed by government
Forms of money today, cash coins and notes, bank deposits money stored electronically and digital money mobile banking and online transfers.
How money moves in the economy, the earn income from jobs, business or investment, they spend on good and services and government collect taxes and provide services. The value of money, inflation rise in prices reduces purchasing power, exchange rates strength of a currency compares to others and trust in government and financial systems
Money, poverty opportunity misuse of money creates debt and poverty and wise use of money creates wealth and opportunities
Global perspectives on money in developed countries, digital transactions domination and globally there is a push towards cashless economies
Challenges in understanding money misinformation like scams, get-rich quick schemes and cultural taboos like talking about money is often discouraged
Phalane TEBATSO CASCHNER from South Africa.
ReplyDeleteMoney is an exchange of good or service.
Money is something that plays a very important rule in our life ,money make us to fight poverty ,it make us to go every where we want to go at all the time.it help to achieve goals that we're looking impossible.
Sphiwe Kaluwa Malawi
ReplyDeleteI have learnt that money is more than just coins or paper—it is a tool for exchange, a store of value, and a unit of account that keeps the economy running. I’ve understood that money has evolved from the barter system to commodity money, coins, paper currency, and now digital and cryptocurrencies. I have also learnt that money flows through the economy in cycles people earn, spend, and save, while businesses, banks, and governments keep it circulating through investments, loans, and taxes. The value of money depends on inflation, exchange rates, and trust in the financial system. Misuse of money leads to poverty and debt, while wise management creates wealth and opportunities. This lesson has shown me that financial literacy is key to breaking the cycle of poverty and empowering communities to use money as a tool for independence and growth.
Full name: Adego Hillary
ReplyDeleteCountry: Kenya 🇰🇪
Summary of what I've learnt:
Is that money is more than just coins or notes — it is a powerful tool that drives trade, opportunity, and independence. It serves as a store of value, a unit of account, and a medium of exchange, making economic activities more efficient compared to barter. I now understand how money has evolved from barter and commodity exchange to digital and cryptocurrency forms. I’ve also learnt how money flows in the economy through people, businesses, governments, and banks, and how inflation, exchange rates, and trust affect its value. Lastly, I’ve realized that financial literacy is key to avoiding poverty and using money wisely to create opportunities for growth and empowerment.
Wongani William Mvula
ReplyDeleteMalawi
This module teaches that Money is a tool for exchange, storing value, and measuring worth. It evolved from barter to cash and now digital forms. Money flows through earning, spending, and investing within the economy. Its value is affected by inflation and trust. Used wisely, it creates opportunity; misused, it leads to debt. Understanding money empowers people to make smart financial choices, break poverty cycles.
Buhle Simon Mnguni
ReplyDeleteSouth Africa
This module explores global perspectives on money, challenges in understanding it, and practical exercises for promoting financial literacy. Key takeaways include:
- *Global Perspectives*: Digital transactions, mobile money, and cashless economies shape financial landscapes.
- *Challenges*: Misinformation, cultural taboos, and complexity hinder understanding.
- *Practical Exercises*: Money Map, Currency Research, and Teach Back promote financial literacy.
By mastering financial literacy, individuals can make wiser money choices and empower others to do the same, promoting independence and opportunity.
Mary Orah from Malawi,,From this module on Understanding Money and Financial Literacy, I have learned that money is more than just paper or coins—it is a tool of power, opportunity, and influence. Financial literacy helps people break cycles of poverty, make informed choices, and unlock opportunities in business, education, and investment. I also learned about the global perspectives on money, such as the rise of digital transactions, mobile money in developing countries, and the growing influence of cryptocurrencies. The module highlighted key challenges like misinformation, cultural taboos, and the complexity of financial systems. Overall, I now understand that by mastering how money works and teaching others, we can promote independence, wise decision-making, and financial empowerment within our communities.
ReplyDeleteJoy Ngum Ndalle
ReplyDeleteCameroon
I've learnt that money is a medium of exchange, a very powerful tool i can use to make my life and that of my community better. Understanding what money is, its various forms and its history gives me an upperhand over its management.
Full name: mark Injendi mutoro
ReplyDeleteCountry: Kenya
What I have personally learnt from this module: understanding money currency
Money is the medium of exchange of goods and services and it has a store value and unit of account.types of money we have paper money,coins, digital money
The the forms of Money include cash,bank cryptocurrency, andpeople make money through earnings from jobs . challenges we have people scamming others over money , without having money we can't spend on buying goods and services for sustainability.
Name :Precious Joshua Mkomo
ReplyDeleteCountry: Malawi
As I learn about personal finance, I've come to understand that money is a crucial element. I've discovered that money is anything widely accepted as a medium of exchange, store of value, and unit of account. I've explored the history of money, from barter to digital currencies, and learned about its different forms today, including cash, bank deposits, and cryptocurrencies. I now understand how money moves in the economy and the importance of financial literacy in breaking cycles of poverty and unlocking opportunities. I've also gained insights into the value of money, global perspectives, and challenges in understanding money. This knowledge will help me make informed decisions and teach others about money management.
Ebrima Touray
ReplyDeleteGambia
My takeaway on understanding money and currency:
Through this module, I’ve learned that money is more than just cash. it’s a tool that drives independence, opportunity, and growth. Understanding what money is, how it evolved, and how it moves in the economy will definitely helps me make smarter financial decisions. I've now realised how money’s value depends on trust, inflation, and wise management. This module also showed me that financial literacy is key to breaking cycles of poverty and creating opportunities for others. As a young leader, I feel more equipped to teach others about money and inspire responsible financial habits that lead to long-term empowerment.
Blessings Matitha
ReplyDeleteFrom Malawi
Today's lesson was more about understanding Money and Becoming a Money Educator
Challenges in Understanding Money:
Sometimes people get the wrong information, like falling for scams or believing in quick ways to get rich.
Also, some cultures don’t talk much about money, which makes it hard to understand. The financial system can be confusing because it’s full of rules and different parts that work together.
Practical Exercises for Young Leaders:
Money Map: Draw a picture of how money moves in your life, like where it comes from, where it goes, and where you save it.
Currency Research: Compare your country’s money with two other countries.
Look at how much it’s worth, its history, and how it changes over time.
Teach Back: Explain what money is in a simple way to a younger student.
Becoming a Money Educator:
Teach the history of money and why it’s important.
Show how money works every day, like when you buy things or save for the future. Help others see how money choices can lead to either being poor or having good opportunities.
Conclusion:
Money is more than just paper or coins.
Learning about its history, different forms, and how it moves helps you make smart decisions and help others. As a young leader, teaching money skills can help others become independent and avoid poverty.
Mohamed Babah Fofanah
ReplyDeleteFrom Sierra Leone
The presentation emphasizes the importance of financial literacy in empowering individuals to overcome poverty and access opportunities such as education, business, and investments. It highlights how digital transactions have become prevalent in developed countries, making financial activities more convenient, while in developing nations, cash and mobile money remain essential, reflecting different stages of financial development. Globally, there’s a notable shift toward cashless economies and the emergence of cryptocurrencies, which are transforming traditional financial systems and offering new avenues for transactions and investments.
However, understanding money is complicated by challenges like misinformation—scams and get-rich-quick schemes—and cultural taboos that discourage open discussions about finances. Additionally, the complexity of financial systems can be overwhelming, especially for young learners. Practical exercises, such as mapping money flow, researching currencies, and teaching others about money, serve as effective tools for developing financial awareness and leadership. Becoming a money educator involves teaching others about the history, role, and everyday use of money and demonstrating how financial choices influence opportunities or poverty.
This module has impacted me by deepening my understanding of the significance of financial literacy in shaping economic futures and inspiring me to advocate for financial education to empower others.
Full name - Chisomo Mambiya
ReplyDeleteCountry - Malawi
This module explains the basics of money and why understanding it is important for financial independence. Money is what people use to buy and sell things, and it comes in many forms—like cash, bank deposits, mobile money, and cryptocurrency. It has changed over time, from barter and gold to digital payments. Money moves through the economy when people earn, spend, save, and invest, and its value depends on things like inflation and trust in the system. Using money wisely can help people escape poverty and create opportunities. Young leaders should learn how money works, teach others about it, and help students make smart financial choices.
Bailor Jalloh
ReplyDeleteSierra Leone
In the comprehension of money, this module outlines the fundamentals of money and emphasizes its significance for achieving financial independence. Money is what individuals utilize to engage in buying and selling, and it exists in various forms—such as cash, bank deposits, mobile money, and cryptocurrency. Over time, its nature has evolved, transitioning from barter and gold to digital transactions. Money circulates within the economy as people earn, spend, save, and invest, with its worth influenced by factors such as inflation and trust in the financial system. Making wise decisions with money can enable individuals to rise above poverty and generate new opportunities. Emerging leaders should grasp how money functions, educate others about it, and assist students in making informed financial decisions.
NAME: Mbaimba Adam Fofanah
ReplyDeleteCOUNTRY: Sierra Leone
SUMMARY:
From this module on Understanding Money and Currency, I have learned that money goes beyond coins and paper, it represents value, trust and a means of exchange that keeps the economy functioning. I discovered how money evolved from the barter system to commodity trading, coins, paper notes and now digital forms like mobile banking and cryptocurrencies. Money moves through individuals, businesses, governments and banks, maintaining economic balance. Its value is influenced by inflation, exchange rates and confidence in the financial system. I also learned that managing money wisely leads to growth and independence, while misuse results in debt and poverty. As a young leader, I am committed to applying these lessons and helping others understand how to use money as a tool for opportunity and empowerment.
Maimuna Simba from Malawi
ReplyDeleteOn understanding money and currency module,I have learnt that money is more than how see in how ours hands ,but is something that controls the exchange of goods and services worldwide,and stores value,that is we invest into something that keeps our money grow. Additionally ,I have learnt various forms of money which include crypto currency, evolutionary of money as well as challenges that we encounter as young people in understanding money like misinformation, cultural taboos and complexity .Overall,this module has equipped me new knowledge about money and inspired me to get more of this and conceptualise in really world situation,thus teaching students in schools .
From Eswatini
ReplyDeleteThrough the mindset change program I took part in recently , I have learnt that truly understanding money and currency goes far beyond just knowing how to earn or spend. It’s about recognizing what money really is — a tool of exchange, trust, and value that connects people, communities, and nations. I’ve come to see that money doesn’t just “exist” — it flows through the economy in cycles, creating opportunities when it moves smoothly and causing challenges when those cycles are disrupted.
From my lessons, I now understand that the value of money depends on many factors, such as inflation, exchange rates, and trust in the financial system and governance. When there is strong leadership, stability, and accountability, money holds its value and encourages growth. But when trust is lost or economic flow is broken, communities face rising poverty and unemployment.
Personally, this has helped me see that financial education is not only for personal gain but also for empowering others. If I want to teach my community and students, I must first understand how money works — how it circulates, how value is created, and how financial decisions affect everyone.
This realization has shifted my mindset from just wanting to make money to wanting to create value and sustainability. I’ve learnt that every financial choice I make, even small ones, has a ripple effect. By managing money wisely and encouraging others to do the same, I can contribute to a stronger, more self-reliant community where opportunities flow and growth is shared.
Full name: Emmanuel Magombo
ReplyDeleteCountry: Malawi 🇲🇼
I've gained a deeper understanding of the role of money in society. I've learned that money serves as a medium of exchange, store of value, and unit of account, and that its history has evolved from barter systems to digital currencies. I've also learned about the different forms of money today, including cash, bank deposits, and cryptocurrencies, and how money moves in the economy through cycles of earning, spending, and investing.
Further more The government collects taxes from both households and businesses.
It then spends on public services, infrastructure, and salaries, which puts money back into circulation.
Banks move money by providing loans, savings, and investments.
Loans help households buy goods and help businesses expand production.
Lastly Understanding money and currency is crucial for making informed financial decisions and navigating the global economy.This involves knowing what money is, how money works, the different forms of currency, and studying exchange rates on its impact on international trade and travel
Tracy chipongoma
ReplyDeleteZambia
What I've learnt is that money flows in cycles and when disrupted leads to an increase in poverty and unemployment rates.
It's value depends on inflation, exchange rates and financial systems. For example most developing countries in Africa, the expense of goods and services inflate and deflate dues to there currency exchange rates when compared to the American dollar
Phalane TEBATSO CASCHNER from South Africa.
ReplyDeleteMoney is more than paper or coins—it’s a powerful tool that shapes lives, societies, and futures. Understanding its history reveals how currency evolved from barter to digital forms, highlighting why trust and belief underpin every transaction. Teaching students how currency functions in everyday life—earning, spending, saving, and investing—helps them see money as a means of exchange, a store of value, and a unit of account. Crucially, the curriculum shows that money choices can either trap people in poverty cycles or unlock opportunities for growth and empowerment. When young people grasp the flow of money, they learn to channel it toward independence rather than letting it become a chain of dependence. By mastering these concepts, they gain the confidence to make wise financial decisions and to guide others, ensuring money serves as fuel for personal and community development rather than a source of limitation.
Meshack Muuo Muasya
ReplyDeleteKenya
Cohort 5 (Batch A)
Group C
I learned that money is a widely accepted medium of exchange that also serves as a store of value and a unit of account. Understanding money requires knowing its history, from barter and commodity money to coins, paper currency, digital money, and cryptocurrencies. Today, money exists in cash, bank deposits, digital forms, and cryptocurrencies, and young people must understand these to navigate modern economies. Money moves through cycles of earning, spending, lending, and investment, and its value is influenced by inflation, exchange rates, and trust in financial systems. Wise use of money creates wealth and opportunities, while misuse can lead to debt and poverty. Globally, money systems differ, with digital transactions dominating in developed countries and cash or mobile money prevalent in developing regions. Challenges include misinformation, cultural taboos, and complexity. Practical exercises like mapping money flow, researching currencies, and teaching younger students help build understanding. Overall, mastering money equips young leaders to make informed choices, break cycles of poverty, and empower others to achieve financial independence.
Diana khauya
ReplyDeleteCohort 5
Group B
Money is anything wisely accepted as a medium of exchange for goods and services. Money moves economy through people's income, businesses or investments. The value of money depends on inflation, exchange rates and trust in government and financial systems. When money is misused it creates poverty and debt and when used wisely it creates wealth and opportunities. As youth we need to exercise money map, currency research and teach back to understand money and currency
Full name:
ReplyDeleteHope Malambo
Country:
Zambia
Group: B
I have learnt that money is more than just paper or coins—it is a powerful tool that serves as a medium of exchange, a store of value, and a unit of account. Understanding what money is and how it evolved from barter to digital forms is key to managing it wisely. I now understand the different forms of money we use today, from cash and bank deposits to mobile money and cryptocurrencies. This module also showed me how money flows through the economy—how people earn, spend, save, and how businesses, governments, and banks all play a role in economic growth. I learnt that the value of money is affected by inflation, exchange rates, and trust in the financial system. Finally, I understand how financial literacy helps break cycles of poverty by turning money into opportunities for education, business, and investment. This knowledge equips me not only to make better financial decisions but also to teach students how to view and use money responsibly.
Full Name :Lisah T Murewa
ReplyDeleteCountry :Zimbabwe
Batch:A
Summary
Trough this module l have leant that monry is what we use to buy things and pay for services. Long ago people traded goods but now we use coins, notes, cards, or even phones to pay. Money helps people earn, save, and grow. When we understand how money works where it comes from, how it moves, and why it changes value we can make better choices, avoid poverty, and create more chances for a good life.
Sarah Benson
ReplyDeleteCohort 5
Batch A
Group A
Module 4
Money is more than coins or notes it’s a tool that helps us get what we need and build the life we want. It has changed over time from barter to digital payments, but its purpose remains the same: helping people exchange value. When we understand how money works, how it moves through the economy, and what affects its value, we make better choices. Using money wisely opens doors to opportunities, while misusing it can lead to stress and poverty. Teaching these lessons to young people helps them build a stronger, more confident financial future.
RANUECK THENFORD
ReplyDeleteMalawi
Cohort 5,batch A
Group A
From the module, i have gained insight on what money is, how it flows, forms and its history. I have learnt that its anything that is acceptable widely as a medium of exchange and its history as barter system, commodity money and digital money etc. I have also learnt its forms like cash, bank deposits and cryptocurrency etc. Lastly i Have challenges people in understanding money, some of them include misinformation e.g scams, complexity of money and cultural taboos
Full name: Priscilla Amour
ReplyDeleteSouth Sudan
Cohort 5, batch A
Group A
Summary of what I have learnt:
I learnt what money truly is, its history, its forms today, and how it flows in the economy. I now understand how inflation, currency value, and financial decisions affect poverty and opportunity. Money is a tool — and when used wisely, it builds wealth and independence.
Full Name: Joseph Wanyonyi Watti
ReplyDeleteCountry: Kenya
Cohort: 5 (Batch B)
Group: G
Summary:
I have learned the importance of Budgeting and money management to young people, how it empowers young people to reduce stress and achieve goals.
Also having entrepreneurial mindset of resilience and value creation.
Mahlohonolo Futho from Lesotho
ReplyDeleteCohort 5
Batch A
Group B
Money (value, history & economic role)
This module explores deeper concepts of what money is: its forms, its flow in the economy, value, poverty, and opportunity. Aims to give participants a broader, more meaningful understanding of money, so they can teach others to use it wisely.
Lonjezo Banda
ReplyDeleteMalawi
Cohort 5, Batch. A
Group A
Module 4
From this I have learnt that money has the power to take any form of most things in this life like time, goods and skills. It provides security, and it does not lose its purpose or identity. Financial management breaks cycles of poverty and dependence from parents or guardians. Money can be in cash, bank deposit, digital or cryptocurrency. Investing and saving money deals with inflation, creating more opportunities for personal growth. By understanding money and currency ensures financial stability and fulfillment of personal goals. Therefore, it has to be handled properly as it guides in making financial decisions and promotes responsible saving, investing and spending.
Rasool William Bennie
ReplyDeleteFrom Malawi
Cohort 5 (Batch A)
Group C
Money is not just paper or coins it’s a tool that helps people create opportunities. Around the world, money is changing, from digital payments to mobile money and even cryptocurrencies. But many people still struggle to understand money because of misinformation, cultural beliefs, or the complexity of financial systems.
Young leaders can make a big difference by teaching others what money is, how it works, and how good money choices can build a better life. Activities like drawing a money map, comparing currencies, or explaining money to younger students help build confidence and understanding.
In the end, learning about money helps you make wiser decisions and empowers you to help others break the cycle of poverty.
Name: BRIAN CHIYANDA
ReplyDeleteCountry: ZAMBIA
MODULE 4
Cohort 5, Batch A
Group A
DAY 2
UNDERSTANDING MONEY & CURRENCY
From today’s module of Understanding money and currency I have learnt that it is crucial for making informed financial decisions and navigating the global economy. This process involves knowing what money is, how money works, it’s different forms (currency), and studying exchange rates on its impact on international trade market. With the knowledge gained from this module I have understood how to grow personal finance and I now understand better the importance of money and currency.
Ngene Charles Chukwuka
ReplyDeleteNigeria
Cohort 5 (Batch B)
Money is a mean of exchange, knowing about money helps in financial literacy and the help one know the value of money.It help in savings and how one can invest money for the future purposes
Tumpale Mkandawire
ReplyDeleteMalawi
Cohort 5 Batch B (subgroup F)
Module 4
Understanding money goes beyond knowing that it is a tool used widely as a means of exchange for goods and services it is also about knowing how money has evolved historically as this helps to know how it can shape our financial system in a community and also about why money shapes our community financially since its a medium for exchange as well as helps to store value which all affect the economic status of a country/region or individual.
Micah Chagunda
ReplyDeleteMalawi
cohort 5 Group H Batch B
Understanding money means knowing that it is anything widely accepted for buying goods and services and it works as a store of value, a unit of account and a medium of exchange. Money moves through the economy when people earn income, spend it and businesses and governments use it to pay workers, provide services and support growth through banks and investments. The value of money changes based on inflation, exchange rates and the level of trust people have in the financial system. Learning about money can be challenging because of misinformation, cultural taboos and the complexity of financial systems. However, money is more than coins and notes, it is a tool that provides power, opportunity and independence and by understanding how it works, young leaders can make smarter choices and help others avoid poverty and build a better future.
Margaret
ReplyDeleteMwale from Zambia.
Cohort 5 batch C
Money is more than coins,as leader you ought to be conscious.The value of money changes,therefore it's our assignment to learn how to track and be good investors
Sanusi Garba mabera
ReplyDeleteNigeria
Cohort 5 Batch B
Module 4
From this module, I learned that money is more than paper or coins—it is a tool that makes trade easier and helps people build financial independence. I understood the key roles of money as a medium of exchange, store of value, and unit of account. I also learned how money has evolved from barter to digital and cryptocurrency. The module explained how money flows in the economy and how factors like inflation and exchange rates affect its value. Most importantly, I learned that wise money management reduces poverty, creates opportunity, and helps young people make better financial decisions.
KENNY BWALYA
ReplyDeleteFrom Zambia
COHORT 5 BATCH B
GROUP F
Module 4 summary
In this lesson i have learnt that while often used interchangeably, currency is the physical and digital manifestation that is the coins, bills, and bank balances that we use for daily transactions and its value is heavily influenced by government policy and public trust. Money, however, is a broader economic concept that serves three core functions: it acts as a medium of exchange to facilitate trade beyond bartering, a unit of account to provide a common measure of value for goods and services, and a store of value to save purchasing power for the future. Ultimately, currency is a type of money, but for something to be truly considered "money," it must reliably perform all three roles, maintaining its worth over time, which is why forms of money have evolved from commodities like gold to the government-issued fiat currency we use today, whose value is derived not from physical backing but from collective trust and legal decree.
Joseph olinga, Uganda 🇺🇬, cohort5,group E.in this module i have learnt that money is means of exchange and that the value if money changes with time.i have also learnt various ways in which money circulates in the economy and the forms it takes over time .as young leaders,understanding the basic s of money and its role in society is very crucial for progress.lastly I learnt that money should be used to create opportunities, add value and provide financial security.it shouldn't be used to fuel poverty and suffering.
ReplyDeleteCharles Boimah Gray
ReplyDeleteLiberia
Cohort 5
Group A Batch A
Module 4
I learnt that money is anything legally accepted as means of exchange for goods and services. I also learnt that money moves in the economy by people earning income from jobs, spending on goods and services, businesses earn profits and pay workers etc..
I learnt that wise use of money creates wealth and end poverty, financial literacy enables people to break cycles of poverty and setbacks. Money is essential in our lives that's why it brings values to human lives.
Teferi Ergabus
ReplyDeleteFrom Ethiopia
Cohort 5(batch A)
Group C
This is a practical guide to budgeting and managing personal finances, especially for young adults and students. The core process involves creating a simple budget (using a model like 50/30/20 for Needs, Wants, and Savings), writing it down, and tracking expenses regularly using tools like apps or spreadsheets to ensure it reflects reality.
The text recommends various tools for daily management, including banking apps, budgeting platforms like Mint and simple habits like automating savings. It addresses common challenges like low income and impulse spending, suggesting solutions like multiple income streams and the "24-hour rule" for purchases.
For educational settings, it advises using relatable examples, fun savings challenges, and games. This is supported by case studies showing both the positive outcomes of budgeting (like saving for a goal) and the negative consequences of not having a plan (like debt).
Ultimately, the guide frames budgeting as a foundational skill that builds discipline, prevents debt, and empowers individuals to build wealth and achieve financial stability.
Hanifa Makunganya
ReplyDeleteMalawi
Cohort 5, Batch A
Day 2 summary
From this module I learnt that confidence and success don’t come by chance and they come by how I think and act. I learnt that believing in myself is important: when I trust my abilities and avoid comparing myself with others, I become stronger and more capable. I learnt that mistakes and failures are part of the journey, instead of being afraid, I should use them as lessons and keep going. The module showed me that consistent effort, learning new skills, and setting clear goals build confidence over time. I also learnt that surrounding myself with positive people and staying away from negativity helps me stay focused on my path. Finally, I understood that growth,mental, emotional, or in skills; requires work, patience, and self‑belief.
Funny Chapalapata
ReplyDeleteMalawi
Cohort 5
Batch B
From this module i have learnt that money its more than a paper or a coin that we see even beyond buying and selling goods and services rather it is a link between good life and poverty through the power and influence it carries.
Through its dynamic in nature it flows from one destination to another which encourage us to have good choices when utilizing money by understanding its flow and value which can change due to different factors such s inflation, exchange rate as well as economic stability.
Therefore teaching students about saving is very important to break the circle of poverty.
Bully Fofana
ReplyDeleteThe Gambia
Cohort 5, Batch A
In the money and currency module, I learned how money works and why it has value. The course explained the different forms of money, how currencies are created, and the role they play in helping people and businesses exchange goods and services. I now understand concepts like purchasing power, inflation, and how changes in currency value can affect the prices of everyday items.
I also learned the difference between local and foreign currencies, and how exchange rates influence trade and international transactions. The module helped me see money not just as cash, but as a system that supports economic activity. Overall, it improved my understanding of how money moves in an economy and how that knowledge can guide better financial decisions.
Full name: Peter Mwangi Nderitu
ReplyDeleteCohort 5, Batch A, Group C
Country: Kenya
Summary of what I have learnt: I’ve learned that money is more than paper or coins, it’s a tool for opportunity, influence, and independence. Understanding its value helps young people make smarter choices like saving, investing, or avoiding debt. Misuse of money creates poverty, while wise use creates wealth and opportunities. Teaching financial literacy allows me to guide others, showing them how money can empower rather than limit them. Practical exercises like mapping money flow or explaining money to younger students make learning real and impactful.
Elizer Kanyika
ReplyDeleteMalawi
Cohort 5
Batch A
Group A
UNDERSTANDING MONEY AND CURRENCY.
Moneh is a medium of exchange for goods and services that has been widely accepted. Money is in different forms. Before money, people used to exchange goods to goods which is called batter trade. There are a lot of challenges that people face in relation to money like the wnat to get rich too quick, scammers, discouragement to discuss about money due to culture and also complexity of the financial systems which makes it difficult for people to understand about money. Moneybrings influence, opportunities and power
Rafique William Mponda
ReplyDeleteMalawi
Cohort 5 (Batch B)
Group F
In this module, I've gained a solid understanding of money and currencies. Money is simply an expression of value that is given to a commodity. Different environments have different ways in which they exchange money, for example, bank transfers, barter trade and cryptocurrency. The value of money can be justified based on the exchange rate and inflation (this signifies how some currencies are way better than others). Money flows differently based on an individual, an organisation and a community. For example, an individual earns money from salaries and businesses, whilst an organisation earns money from revenue. It is very important to have knowledge about money and how it flows in different areas because money can create possibilities and improve lives.
Joana Mongola from Malawi
ReplyDeleteCohort 5
Batch B
Money is anything people accept to buy goods and services. It acts as a store of value, a way to measure prices, and makes trade easier than barter.
History shows money evolved from swapping goods, to using items like gold, coins, paper notes, and now digital forms like mobile money and cryptocurrencies. Today, money exists as cash, bank deposits, apps, and crypto. It moves through earning, spending, business profits, taxes, and bank loans, creating economic cycles.
Money's value changes with inflation, exchange rates, and trust in systems. Wise use breaks poverty cycles via saving and investing, while poor choices lead to debt. I have learned to map my money flow and teach these ideas simply to youth for better opportunities.
Richard Okoth Kenya Cohort 5 Batch *Day2 Module 4* Money works and what gives it value. The course showed me the different types of money, how currencies are made, and how they help people and businesses trade. I now understand ideas like purchasing power, inflation, and how changes in currency value can affect the cost of things we buy in our daily life.
ReplyDeleteRehannah Labane
ReplyDeleteBotswana
Cohort (group H)
Batch 5 B
This was interesting. I've heard of barter trade and wasn't aware of commodity money, I used to think it's the same thing. Money actually is valuable now thinking about it!
Mercy Chunga Malawi Cohort 5 batch C group J
ReplyDeleteMoney is the lifeblood of financial independence, and understanding it is key to managing it wisely. This module's explored what money is, its history, and how it works in the economy. Money serves as a medium of exchange, store of value, and unit of account, making trade easier. From barter systems to digital currencies, money has evolved to adapt to societal needs.
I've learned that money comes in various forms, including cash, bank deposits, digital money, and cryptocurrencies, and its value depends on factors like inflation, exchange rates, and trust in financial systems. The way money moves in the economy is cyclical, and disruptions can lead to poverty and unemployment.
The wise use of money creates opportunities, while misuse leads to debt and poverty. Financial literacy is crucial in breaking cycles of poverty and unlocking opportunities like business, education, and investments. As a young leader, understanding money and teaching others about it can empower them to make informed decisions and use money as a tool for independence.
Global perspectives on money vary, with digital transactions dominating in developed countries and cash and mobile money being widespread in developing countries. The push towards cashless economies and the rise of cryptocurrencies are reshaping the financial landscape.
Overall, money is a tool of power, opportunity, and influence, and mastering its concepts can lead to wiser choices and a brighter financial future.
Rophy Makokha Barasa
ReplyDeleteKenya corhort 5 batch c group I
Money is a medium of exchange.
Modern forms of money involve cash,debit cards,cryptocurrency
Zechariah kparsuah jr
ReplyDeleteLiberia
Cohort 5
I learned what money really is, how it has changed over time, and why understanding it matters. Smart money choices can lift people out of poverty and create new opportunities. I also discovered that many people struggle with money because of misinformation and cultural beliefs. As a young leader, my job is to practice good money habits and help others do the same.
Mloiso Mathews Katete
ReplyDeleteMalawi
Cohort 5(Batch C Group J)
The module has helped me understand how money flows through the economy: how people earn, spend, save, and invest; how businesses operate; how governments provide services; and how banks support growth. Seeing this cycle made it easier to understand why disruptions can lead to poverty or unemployment.
I now better understand what gives money its value, including inflation, exchange rates, and the level of trust people have in financial systems. This knowledge has made me more aware of how my financial decisions can protect or weaken my purchasing power.
The connection between money, poverty, and opportunity also stood out. I realised how poor money habits can trap people in hardship, while financial literacy can open doors to education, business, and long-term independence.
Learning about global perspectives helped me see that countries use money differently some rely heavily on digital systems while others still use cash or mobile money. It also showed me how fast the world is moving toward cashless economies.
I also explored the challenges many young people face in understanding money, including misinformation, cultural silence around financial topics, and the complexity of financial systems.
Overall, this module has strengthened my confidence and broadened my perspective. It has equipped me with the knowledge to make wiser financial choices and has prepared me to help others understand money in ways that can create opportunities, rather than limit them.
Name; Lesley mutua
ReplyDeleteCountry; Kenya
Cohort 5 Batch C (group L)
In this module, I’ve developed a strong understanding of money and how different currencies work. Money represents the value we assign to goods and services. Various communities use different methods to exchange money—such as bank transfers, barter trade, and even digital options like cryptocurrency.
The worth of money is influenced by factors like exchange rates and inflation, which explain why some currencies are stronger than others. Money also moves differently depending on whether it’s an individual, an organisation, or a community. For instance, individuals earn income through salaries or business activities, while organisations generate money through revenue.
Understanding how money works and circulates in different contexts is essential because financial knowledge opens up opportunities and helps improve the quality of life.
Full Name: Jackson J.W Johnson
ReplyDeleteCountry: Republic Of Liberia
Cohort 5 (Batch C)
In this last module, I learned that money is more than cash, it is a powerful tool that influences opportunity, security, and growth. I learned that money has evolved from barter to coins, paper, digital payments, and now cryptocurrencies. While developed countries use mostly digital systems, many developing nations still rely on cash and mobile money, and it advised that young people must understand how money flows, avoid misinformation and scams, and learn to teach others about currency and its value. To serve as a financial literacy ambassador, I must be responsible for helping students or communities understand money as a tool for independence, not poverty.
Key Takeaway:
Understanding money empowers you to make better choices and teaching others multiplies that impact.
Ropafadzo Abigail Tambara
ReplyDeleteCohort 5 batch C
Zambia
During this particular module we learnt that in financial literacy personal finance and money work hand in hand and one thing can’t work without the other. Personal finance was presented as an engine and money as the fuel that drives the engine. Personal finance is like a system that gets to control how one has the mindset, confidence, emotional intelligence, habits that are in check with financial intelligence as a result money is the fuel which means it gives the purpose for this system because personal finance wouldn’t exist without money. To add more we learnt that money controls all daily activities including spending for basic commodities, education , paying rentals so it is necessary to for individuals to have the knowledge of what money is , what is its history , what are the advancements , where does money come from and what affects the value of money. Money was defined as anything of value that is accepted in exchange for goods and services. It should have value that runs overtime , widely accepted, have a standard measure to track down spending and value. In history , money was a barter trading system in which people exchanged goods depending on what they had and needed , as time progressed people started using commodities like salt and gold as money and in the modern world people make use of paper money , coins , mobile money eg Airtel money , bank deposits and cryptocurrency like bitcoin , Cardano and Litecoin that are stored wallets like binance and token pocket. It is also important to know what affects value of money . In this module I have learnt about the definition of inflation 😂, it is always easy for us to talk about inflation and not know how to define it . It is actually when value is affected by rise in prices thus the money reduces its purchasing power! Then exchange rates can also affect value of money eg myself as a Zimbabwean student studying in Zambia , money is sent in usd and I get to exchange it to kwacha hence it loses its value sometimes because of the rates of usd to kwacha. There are also challenges that one may face in using money if their personal finance is not in check eg misuse , bad spending, inconsistency in saving, bad depts . There are also challenges that one should look at in the economic sector and money . In Zambia there is a lot of scamming , fraudulent schemes, and fake investments that attract the youth that want to get richer in a split second😂. However, financial literacy is to the leaders of Kafi and who they teach because we will learn how to come up with ways to save money , how to identify fake business schemes or scams , how to have the confidence to come up with innovative business ideas to have a better financial system.
Name: Yamikani Chaona
ReplyDeleteCountry: Malawi
Cohort 5 batch C
Money is a tool we use to exchange value, and currency is the official form of that money in each country. Knowing how money works its history, purpose, and value helps young people make better financial decisions. Even though talking about money is sometimes discouraged and financial systems can seem complicated, learning the basics builds confidence.
Through simple exercises like drawing a money map, comparing currencies, or teaching younger students, young leaders gain practical skills. As a financial literacy ambassador, your role is to help students understand how money flows, what affects currency value, and how smart choices can create opportunities.
In conclusion,understanding money empowers young people to manage their finances wisely, avoid poverty traps, and build a future filled with stability and growth.
Name: Yamikani Chaona
ReplyDeleteCountry: Malawi
Cohort 5 batch C
Money is a tool we use to exchange value, and currency is the official form of that money in each country. Knowing how money works its history, purpose, and value helps young people make better financial decisions. Even though talking about money is sometimes discouraged and financial systems can seem complicated, learning the basics builds confidence.
Through simple exercises like drawing a money map, comparing currencies, or teaching younger students, young leaders gain practical skills. As a financial literacy ambassador, your role is to help students understand how money flows, what affects currency value, and how smart choices can create opportunities.
In conclusion,understanding money empowers young people to manage their finances wisely, avoid poverty traps, and build a future filled with stability and growth.
Mary Nasieku
ReplyDeleteKenya
Cohort 5
Group K
This module has given me a clearer understanding of how money moves within an economy. I now see how individuals earn, spend, save, and invest, how businesses function, how governments provide services, and how banks support development. Understanding this cycle has helped me see why interruptions in the system can contribute to poverty, unemployment, or slow growth.
I have also gained a better understanding of what gives money its value. Concepts like inflation, exchange rates, and public trust in financial systems now make much more sense to me. This knowledge has made me more aware of how my personal financial choices can either strengthen or weaken my purchasing power.
One of the most meaningful lessons for me was the link between money, poverty, and opportunity. I can now see how poor financial habits can keep people stuck in difficult situations, while financial literacy creates pathways to education, entrepreneurship, and long term stability.
Learning about how different countries use money opened my eyes as well. I realized that while some nations rely mostly on digital payments, others still depend heavily on cash or mobile money. It also showed me how quickly the world is moving toward cashless systems and why it is important to understand these transitions.
I also explored some of the barriers that young people face when learning about money. Many struggle because of misinformation, cultural silence around financial matters, or the complexity of financial systems.
. Elizabeth Adzakrah, Ghana
ReplyDeleteCohort5 Batch C Group L
This module has taught me that,Money is any medium accepted as exchange of goods and services. It's history runsfrom barter system,coins and note to digital. Also,the value of money depends on inflation and exchange rates. Misuse of money creates poverty and unemployment. Financial literacy helps to break the barriers of poverty
NAME: BAILACK JOICELINE JINDUI
ReplyDeleteCOUNTRY: CAMEROON
COHORT 5 BATCH C
COMMENT: From this course, i have learned that Money is anything which is generally accepted as a medium of exchange and the different forms of money, which include paper, coins, and cryptocurrency. Money is power is used wisely. If we can use money wisely, then our future is guaranteed
The value of money depends on the economic situation. dring inflation the value of money decreases and during deflation the value of money increases. understanding these fluctuations enables us to plan well and know when to invest
Name: Varsay V Balloh
ReplyDeleteCountry: Liberia 🇱🇷
Cohort 5(batch K)
Summary note from day two modules:
The KAFI Foundation's module defines budgeting as an essential financial plan, like a map, that guides you to control your money, prepare for emergencies, and achieve your dreams. The key takeaway is the 50/30/20 Rule (50% for Needs, 30% for Wants, 20% for Savings/Investments) combined with diligent expense tracking to build financial discipline and freedom.
The entrepreneurial mindset is a critical way of thinking that sees possibilities in problems, built on pillars of resilience, risk tolerance, and creativity. This mindset empowers young leaders to be proactive, learn from failure, and use tools like the SCAMPER method and self-awareness to innovate solutions and create value in their communities
The core of the lesson is that leadership begins with self-discovery and personal growth, requiring young leaders to first understand their own strengths, weaknesses, values, and purpose. This self-awareness, coupled with building self-confidence and emotional intelligence, is the foundation for becoming an authentic leader who can effectively inspire trust, connect with others, and drive financial empowerment in schools and communities
Understanding money is essential for financial independence, as it serves as a medium of exchange, a store of value, and a unit of account, having evolved from barter to modern digital and cryptocurrency forms. By grasping how money flows in the economy, how its value is affected by factors like inflation and exchange rates, and that its wise use creates opportunities, young leaders can break poverty cycles and teach financial literacy effectively.
Tadiwanshe Murefu
ReplyDeleteBatch k
Zimbabwe
Money answers almost every problem. It is wise to know how money circulate and generate within the society and world at large. For one to grasp financial literacy they should know how money works. Money brings in independence and security it is the backbone of almost every aspect of life be it social and economic. Money gives status and influence within the society. It eradicates poverty. Young people should be empowered on how money is important in their everyday lives. Financial intelligence enables people to use money wisely by saving and investing which leads to generational wealth. Misuse of money leads to debts and poverty. Money is a networking tool as it gives opportunity
to connect with people who influential.
Mohamed Shueib muse
ReplyDeleteSomalia
I learned that money is more than cash—it is a medium of exchange, a store of value, and a unit of account that makes trade and daily life possible. Understanding its history, from barter to digital and cryptocurrency, helps young people navigate today’s financial world. I also learned how money flows through the economy and how its value is shaped by inflation, exchange rates, and public trust. This module showed me how wise or poor money decisions can create either opportunity or poverty. As a young leader, understanding money enables me to teach students how to use it responsibly and effectively.
-Rafael Machira
ReplyDelete-Malawi
-Cohort 5 (Batch B)
Understanding money and currency teaches youth crucial financial skills, such as budgeting, saving, and investing, which prepare them for responsible financial decisions in adulthood. This knowledge helps build financial security and independence by avoiding debt and understanding complex financial concepts.
Pascaria Musengya Muthiani
ReplyDeleteKenya
Cohort 5 Batch C Group J
In this module have learnt money is medium of exchange and serves as store of value,unit of account and medium of exchange. Money has evolved from barter system, commodity money,coins and paper currency and currently digital money. Money flows from people earning from different sources, spending in services and goods, through that businesses earn profits and pay workers. The government collect tax from employees and provide services,banks lend money and enable investments and growth. Value of money is dependent of inflation(rise in prices reduces purchasing power), exchange rates(strength of currency compared to another) and trust in government and financial systems. Misuse of money creates debts and poverty. Financial literacy enables people to break cycles of poverty and unlock opportunities. Globally cashless economies are being pushed. As a young leader I should do money map exercises, do currency research and teach history of money. In conclusion money is more than a paper it is tool of power, opportunity and influence.
Name: Gladys Disemba
ReplyDeleteCountry: Malawi
Cohort 5 (Group I)
Batch C
In summary
I've learned that money is a fuel that opens up opportunities, responsibility, and independence. Nowadays, money is a medium of exchange for goods and services, unlike in the past when people would barter goods. Money is earned through business, a job, or other investments. Money is power, as it opens doors to every opportunity and gives one influence and a voice. Financial literacy helps break the cycle of poverty, as people learn to avoid debt and allocate their money to important areas of their lives.
Full Name: Eddes Symon
ReplyDeleteCountry: Malawi
Cohort Batch: C
Group J
The module positions money not just as currency, but as the essential "fuel" for financial independence and a tool of power that can either create opportunity or perpetuate poverty.
The content is structured to build understanding from the ground up
1. The Nature of Money: It defines money by its three core functions: a medium of exchange, a store of value, and a unit of account.
2. Historical Evolution: It traces the history of money from the inefficiency of the barter system through commodity money (e.g., salt, gold) to coins, paper currency, and today's digital money and cryptocurrencies.
3. Modern Forms and Flow: It explains the various forms money takes today (cash, bank deposits, digital money) and describes how money circulates in an economy between individuals, businesses, governments, and banks.
4. Value and Global Context: It explores the factors that determine money's value, such as inflation and exchange rates, and provides a global perspective on how money usage varies between developed and developing countries.
5. Social Impact and Challenges: The module directly links financial understanding to breaking cycles of poverty and creating wealth. It also addresses challenges to financial literacy, including misinformation, cultural taboos, and system complexity.
6. Practical Application for Leaders: The module concludes with practical exercises (e.g., creating a Money Map, comparing currencies) and a call to action for young leaders to become effective money educators who can teach these concepts to others in their communities.
The core message of this module is that money is a system and a tool, and mastering its fundamentals is the first step toward financial empowerment and social change.
The materials argue that financial literacy is not just about personal budgeting, but about understanding the entire ecosystem of money:
· It's a Story of Progress: The history of money shows a continuous human effort to make trade more efficient, from shells to Bitcoin. Understanding this evolution helps demystify money and see it as a dynamic, human-made system.
· It's a Force for Empowerment or Impoverishment: Money itself is neutral, but its use has consequences. Knowledge of how it flows, stores value, and can be eroded by inflation allows an individual to make choices that build opportunity rather than debt.
· It's a Global Language with Local Dialects: Recognizing that financial systems differ around the world (e.g., cash-based vs. digital economies) is crucial for young leaders who aim to create relevant financial literacy programs in their specific contexts. This module teaches that to "teach money," one must first understand it as more than paper—it's a concept, a current in the global economy, and a lever for personal and community advancement. By grasping these fundamentals, a young leader is equipped not only to manage their own financial life but to educate and empower others to do the same.
My name is Jackson Mbazima, and I am from Zambia. I am part of the KAFI Financial Literacy Program, Cohort 5, Batch C. I have learned that money is a medium of exchange for goods and services, as well as how it has evolved over the decades. Understanding money will help you make better financial decisions. Knowing the different types of money is very important for decision-making, we have mobile money, notes and coins from the banks, debit cards and more. We must also be aware that inflation reduces the value of money over time, so we must make the best financial decions like to invest intead of storing the money in your house because that money will lose value every year. In conclusion understanding money gives you power and influence.
ReplyDeleteAngela Mpala
ReplyDeleteZimbabwe
Cohort 5 Batch C
Money is fundamentally a widely accepted medium of exchange that simplifies trade by serving as a store of value and a unit of account, having evolved from inefficient barter systems through commodity money and paper currency to the diverse forms we use today, including digital banking and cryptocurrency. Understanding the flow of money—how it is earned, spent, taxed, and lent through cyclical economic activity—is vital, as is recognizing that the value of money is impacted by inflation and exchange rates, ultimately determining whether financial choices lead to wealth and opportunity or to debt and poverty. By mastering these concepts, young leaders gain the power to make wiser personal choices and effectively teach others how money can be used as fuel for independence.
Name: Victoria Penembe
ReplyDeleteCountry: Malawi
Cohort: 5 Batch C
Money has evolved from simple barter to complex digital systems, and understanding this journey helps young people make wiser financial decisions. It serves as a medium of exchange, a store of value, and a measure of wealth, but its usefulness is shaped by factors like inflation, exchange rates, and public trust in financial systems. When misused, money leads to debt and poverty; when managed wisely through saving, budgeting, and investing, it creates opportunities for education, business, and long-term growth. Across the world, countries vary in how they utilize money; some are highly reliant on digital forms of transactions, while others still use cash and mobile money. However, global trends indicate the movement toward cashless economies and new forms such as cryptocurrency. Young leaders must rise above misinformation, taboos in culture, and financial complexity to understand money clearly. By learning how money flows in their lives and teaching it in simple terms to others, they can break cycles of poverty and become ambassadors of financial literacy to help their communities wield money as a tool of empowerment and not limitation.
Zechariah kparsuah jr
ReplyDeleteLiberia
Cohort 5
From this budgeting module, I learned that budgeting is a powerful way for young people to take control of their money, reduce stress, and stay focused on their goals. I now understand what budgeting is, why it is important, and how to create and track a simple, realistic budget. The module also taught me practical tools for money management, the common challenges people face with budgeting, and how to overcome them. Through real case studies and school-based examples, I learned how budgeting skills can be applied in everyday life and used to help others manage their finances better.
Zechariah kparsuah jr
ReplyDeleteLiberia
Cohort
In this module, I learned that money is the essential fuel for achieving financial independence. I gained a deeper understanding of what money is, its history, different forms, and how it moves through the economy. The module also highlighted the connection between money, poverty, and opportunities worldwide. As a young leader, I now have tools to better understand money and help others use it wisely.
Full Name: Oakantse Polite Leeme
ReplyDelete- Country: Botswana
- Cohort: 5
- Batch: D
- Short Summary: ( I have learned that money is important in our everyday lives but being able to use it is more important. Value for money differs every financial year because of inflation and economic instability, money has different forms that are used in different countries, also learnt about money, poverty and opportunities. I also learnt the tools to use in order to understand money and it's value)
Name: Joseph Freeman
ReplyDeleteCountry:Sierra Leone 🇸🇱
Cohort: 6
Batch: D
Group: O
Assessment of Summary
Money: The Fuel for Financial Independence
I've learned that money is a tool that can either empower or limit us, depending on how we understand and use it. Here are the key takeaways:
- What is Money?: A medium of exchange, store of value, and unit of account that simplifies trade.
- History of Money: From barter to commodity money, coins, paper currency, and digital money.
- Forms of Money Today: Cash, bank deposits, digital money, and cryptocurrency.
- How Money Moves in the Economy: Earning, spending, saving, investing, and taxation create cycles of growth or poverty.
- Value of Money: Depends on inflation, exchange rates, and trust in financial systems.
- Money, Poverty & Opportunity: Wise use creates wealth and opportunities, while misuse leads to debt and poverty.
- Global Perspectives: Digital transactions dominate in developed countries, while cash and mobile money are widespread in developing countries.
Practical Applications
- Money Map Exercise: Track income, spending, and saving
- Currency Research: Compare exchange rates and values
- Teach Back: Explain money concepts to others
Becoming a Money Educator
- Teach students about money's history, forms, and flow
- Show them how money choices impact poverty and opportunity
- Empower others to use money as fuel for independence
By understanding money, I can make wiser choices and empower others to do the same, breaking cycles of poverty and unlocking opportunities
Full name:
ReplyDeleteMiller Mshanga
- Country:
Zambia
- Cohort:
5
- Batch:
D
- Summary of what you have learnt:
I have learnt that money is something people use to buy goods and services. It helps us trade easily because we do not have to exchange items like in the old barter system. I also learnt that money has changed over time from barter, to using items like gold and salt, to coins, notes, and now digital money and cryptocurrencies.
I now understand that money takes different forms such as cash, bank money, mobile money, and digital currencies. I learnt how money moves in the economy people earn, spend, save, and businesses grow when money flows well. If this flow breaks, poverty increases.
I have also learnt that the value of money changes because of inflation, exchange rates, and how much people trust the financial system. Good use of money creates opportunities, while poor use can lead to poverty.
This module taught me that as young leaders, we must understand money so we can teach students how to use it wisely, save, avoid scams, and make better financial decisions for the future.
Kunda Ngosa
ReplyDeleteZambia
Cohort ( Group P)
Batch D
Lesson: Personal Finance is the engine that drives financial independence then Money is the fuel. Money stores value- this helps in planning for further needs and investments. Money is a tool for creating opportunities not just survival.
Currency value fluctuates due to inflation, government policies, exchange rates, etc.
Francis Dennis Maudzu
ReplyDeleteMalawi
Cohort 5
Batch D
Money is a medium for exchange which gives power, opportunity and influence to others when handled carefully. We have cash, bank deposit and crypto currency as forms of money!. Money is found or lost due to government policies, exchanges rates and inflation. Money is power!!
Name: Milcah Gaman
ReplyDeleteCountry: Nigeria
Cohort 5
Group P
I learned that money is a means of exchange for goods and services. And it’s not just a paper or coins but it gives you power and opportunities.
Full name: Sarah Isaac Oladokun
ReplyDelete• Country: Ghana
• Summary of what you have learnt:cohort 5
I have learnt that money is a tool that enables trade, stores value, and measures wealth. Understanding its history, forms, and how it moves in the economy helps me make informed financial decisions. Wise money management can create opportunities and break cycles of poverty, while misuse can lead to debt. As a young leader, teaching students about money its value, flow, and responsible use can empower them to achieve financial independence and make smarter choices for their future.
I'm OLERILE PHILLIP
ReplyDeletefrom BOTSWANA
COHORT 5 BATCH D group Q
Through this module on understanding money and currency, I have learned that money is more than just notes and coins, it is a tool that makes trade easier, stores value, and helps us measure the worth of goods and services. I now understand how money evolved barter to modern day digital forms. We also learn how money flows In the economy through individuals, businesses, government and banks, and how this flow affects employment and poverty. This module helps us understand what determines the value of money, including inflation, exchange rates and the level of trust in a country's financial system. Most importantly, I learned that wise use of money can create opportunities and as a financial literacy leaders, it's our responsibility to be the example that the youth could look to for inspiration and benchmark.
NAME: PRECIOUS CRISPIN KAMOWA
ReplyDeleteCOHORT: 5
GROUP: P
BATCH: D
COUNTRY: MALAWI
Understanding money and currency has been a crucial aspect of my financial education. Money serves as a medium of exchange, a store of value, and a unit of account, simplifying transactions and facilitating economic activities. Exploring the evolution of currency—from barter systems to digital currencies—has highlighted the importance of trust and stability in financial systems. I’ve learned how inflation, interest rates, and government policies impact the value of currency, reinforcing the need for financial literacy.
This knowledge empowers me to make informed decisions about saving and investing, ultimately helping me navigate my financial future with greater confidence and understanding.
Thandiwe Mtonga
ReplyDeleteZambia
Cohort 5
Batch D
Group R
In this module I have learnt that money is a tool that stores value, it's a medium of exchange that in different forms and adapts with time.
It moves in a cycle that needs to be ongoing or poverty comes in.
It's value depends on the exchange rates and inflation.
It has to be used wisely to create wealth and opportunities
And with use of money map I can be able to track the part of my money circle that is blocking progress and generally see how many finances are moving.
And then be able to give back to the community teach others about money and hence help me understand better while I build a money aware community.
Emilly Atieno Oyatta
ReplyDeleteKenya
Cohort 5
Batch D
Money is the essential fuel that enables financial freedom, making it necessary to grasp what it is, how it functions, and how it moves across society. It operates as a store of value, a unit of account, and a medium of exchange, making trade significantly more effective than barter. Over time, money has progressed from barter and commodity forms to coins, paper currency, and modern digital systems, including mobile money and cryptocurrencies. Young people's involvement in financial life is shaped by the modern economy's reliance on various forms of cash money, bank savings, digital payments, etc. Money circulates through income, spending, taxes, banking, and investment cycles that, when interrupted, economies confront poverty and unemployment. Exchange rates and inflation have an impact on the value of money.
Knowing money also shows how it may either create possibilities or exacerbate poverty. Financially literate people can get free from debt cycles, accumulate money, and have access to investments, business possibilities, and education. Global perspectives demonstrate that while rich countries rely extensively on digital transactions, many poor regions still depend on cash and mobile money, even as the globe progresses toward cashless economies and new forms like cryptocurrency. Young leaders confront hurdles such as misinformation, cultural taboos, and system complexity, but practical exercises—like mapping personal money flow, comparing currencies, and teaching money concepts—can increase comprehension. By explaining how money functions, its history, and how wise choices result in opportunity rather than poverty, they may empower others in their capacity as money educators.
Austin Munthali
ReplyDeleteMalawi
Cohort 5 Group N
Understanding money is key to gaining financial independence. It’s not just coins or notes it’s a tool that shapes opportunities, wealth, and even poverty. By learning what money is, its history from barter to digital currencies, and how it moves through the economy, young people can make smarter choices in spending, saving, and investing. Knowing the value of money, how inflation and exchange rates affect it, and the global differences in how people use it helps build financial literacy. Being aware of challenges like scams or cultural taboos, and practicing exercises such as mapping your own money flow or teaching others about money, equips you to use it wisely and guide others. Mastering these concepts turns money into fuel for independence rather than a source of limitation
Brian Mateli
ReplyDeleteKenya
Cohort 5 Batch D Group N
In this module I understood money is more than currency, it actually a language of value, trust and opportunity which has the ability to fuel financial independence. I also got to understand why the money has value and evolution of money all the way from barter trade all the way to modern money together with the downsides and advantages of each.
Faith Abigael
ReplyDeleteKenya
Cohort 5 group P
I have been able to learn how money works. Forms of money and how they work in the economy and move through investing, etc. Money is not about survival but building something out of it. Misconceptions and queries about money.
I am challenged to create a diary for money and monitor income and expenses. Also to be able to reach out to peers and my community to teach them about money.
Brian Ouya Bosire
ReplyDeleteKenya
Cohort 5(Group Q)
Batch D
Aside it being a coin or paper or in digital format, money is expression of economic value. This value is what facilitates purchasing power, store up wealth and also have investments. Furthermore, money being the centre of all economic and financial value has direct impact on our lives. As leaders we are obligated to understand money, the history, flow and trends and also the valuation of our money compared to other currencies.
ReplyDeleteFelix Omondi
Kenya
Cohort 5
Batch O
In this module, I learnt that money is more than just notes and coins—it is a powerful tool that allows people to exchange value, save for the future, and measure the worth of goods and services. I now understand the evolution of money from barter, to commodities, to coins and paper, and finally to digital and cryptocurrency forms used today.
I also learnt how money flows in the economy through individuals, businesses, government, and banks, and how this cycle affects jobs, poverty, and opportunities. The module helped me appreciate the factors that influence the value of money, such as inflation and exchange rates. Finally, I gained insights on how financial literacy can break poverty cycles and how I can teach these concepts to students in simple and practical ways.
Rahila Kwakwai Jimmy
ReplyDeleteNigeria
Cohort-5
Batch-P
Short summary- I learned that money is tool that is widely accepted for exchange of good services. Money has different forms, physical cash, bank deposit and digital. And some are not controlled by government.
Toka faith ziganubari
DeleteNigeria
Cohort 5
Group L
I learnt about money as a tool and a means of exchange
I Imagine myself as a young leader understanding how to grow financially.
I discovered that money is not just cash, it is a tool that helps us trade, save, and plan our lives.
I learnt that long ago, people used barter, then gold, and later coins and paper. Today, money has changed again now we use bank apps, transfers, and even cryptocurrency.
I realized that understanding these forms which is taught by kafi foundation it will help me survive in a modern world.
This days as I watched how money moves from earning, spending, saving, paying taxes, to investing, I understood that when money flow works well, you live healthy and make smart choices for yourself and communities growth . But when it breaks, poverty rises.
I also learnt that the value of money changes because of things like inflation and exchange rates. This taught me that money must be managed wisely, not wasted.
Then in the end of the end, topic, I discovered something powerful:
Which is Money can bringing in opportunities when used wisely, but poverty when misunderstood.
Eberechukwu Nnenna Ogbuewu
ReplyDeleteNigeria
Cohort 5 batch C
Understanding money & currency. I learnt that money is anything widely accepted as medium for exchanging value. Some history of how the use of money started which include: barter system, commodity money etc.
Also, learnt some forms of money, value of money and how money moves.
Brima Kargbo
ReplyDeleteSierra Leone
Cohort-5
Batch-D
Group-N
I learned that money is a tool that can either empower or limit someone, depending on how we use it.
Wise use of money creates wealth and opportunities, while misuse can lead to debt and poverty.
I have learned that money is the fuel of financial independence. Money itself is anything that is generally accepted as a medium of exchange.
ReplyDeleteThis module teaches us that that money has evolved through different stages like barter system where good were exchanged for goods, commodity money which was the use of commodity like gold as a medium of exchange. From commodity we had coin and paper money which are just object to represent the value goods and services . We have now enter the erra of digital money to the extend that in western developed world much are exchanged thorough digital corruncy unlike the developing countries where cash and mobile money dominant l.
Son understanding the flow of money from income , spendiing ,saving to investment and different currencies permit you to take informed decision as a leader
Fifen Yayee Mefira
DeleteCameroon
Cohort 5
I have learned that money is the fuel of financial independence. Money itself is anything that is generally accepted as a medium of exchange.
This module teaches us that that money has evolved through different stages like barter system where good were exchanged for goods, commodity money which was the use of commodity like gold as a medium of exchange. From commodity we had coin and paper money which are just object to represent the value goods and services . We have now enter the erra of digital money to the extend that in western developed world much are exchanged thorough digital corruncy unlike the developing countries where cash and mobile money dominant l.
Son understanding the flow of money from income , spendiing ,saving to investment and different currencies permit you to take informed decision as a leader
Fifen Yayee Mefira
DeleteCameroon
Cohort 5
I have learned that money is the fuel of financial independence. Money itself is anything that is generally accepted as a medium of exchange.
This module teaches us that that money has evolved through different stages like barter system where good were exchanged for goods, commodity money which was the use of commodity like gold as a medium of exchange. From commodity we had coin and paper money which are just object to represent the value goods and services . We have now enter the erra of digital money to the extend that in western developed world much are exchanged thorough digital corruncy unlike the developing countries where cash and mobile money dominant l.
Son understanding the flow of money from income , spendiing ,saving to investment and different currencies permit you to take informed decision as a leader
Name: Daniel Deng Aruop Deng
ReplyDeleteCountry: South Sudan
KAFI HUB: Cohort 5
Batch D group O
Summary
Understanding Money and Currency:
Money is anything inform of a currency that is used for exchange of goods. Therefore, I have understood that the trade system started with bartend trade and later coins, notes and digital currencies were introduced. Now the developed countries are more advanced in digitalized banking system whereas developing countries are still struggling with mobile money and local money transfers system.
Therefore, to manage your financing, you must know the flow of money. This means, you need to know the benefits of having bank deposits, digital money e.g online transfers and cryptocurrency system.
Where to get money
1. We get money from jobs we do such as business or investment.
2. Tax collection
3. Bank loan
The values of the money we earn depends on inflation, exchange rate and trust in government banking system. This is because , the flow and usage of money can cause:
1. Financial constraint if mismanage.
2. Debt and poverty if money is misuse.
Although there are myths surrounding understanding money and usage, teaching students about the history and role of money ; explaining how money works everyday in our life, surely make young people understand that money is a tool of power, opportunity and influence.
Name : Mercy Kasaya
ReplyDeleteCountry : Kenya
Cohort: 6 Batch A
This module introduced the basic concepts of money, its functions, and how currency works in today’s economy. I learned that money serves as a medium of exchange, a store of value, and a unit of account, making trade and financial transactions easier. The module explained the difference between physical money (like notes and coins) and digital forms of currency, including mobile money and bank transfers. It also covered how the value of money is determined, why inflation affects purchasing power, and the role of financial institutions in managing currency. Overall, the module helped me understand how money works, how it moves through the economy, and why financial literacy is essential for making smart everyday decisions.
Money is a medium of exchange widely accepted for the exchange of goods and services. It's history overtime began from barter trade to commodity money,coin& currency to digital. Transfer of money is effected when we earn and later spend to circulate. The value is determined by inflation and exchange rates. Misuse of money leads to poverty while spending wisely creates wealth. Youths should gain enough knowledge on use and misuse of money bearing in mind that money brings independence.
ReplyDelete- Full Name: Tendaishe Mangena
ReplyDelete- Country: Zimbabwe
- Cohort: 6 Batch A
- Short Summary: Understanding Money & Currency
I've learned that money is a powerful tool that serves as a medium of exchange, store of value, and unit of account. The history of money has evolved from barter systems to digital currencies, with commodity money like gold and salt being used in the past.
Key takeaways from the lesson include:
- Money comes in various forms, including cash, bank deposits, digital money, and crypto currencies like Bitcoin.
- The value of money depends on inflation, exchange rates, and trust in government and financial systems.
- Money moves in the economy through cycles of earning, spending, and investing.
- Wise use of money can create wealth and opportunities, while misuse can lead to poverty and debt.
I've also learned about the importance of financial literacy in avoiding poverty and creating opportunities. By understanding how money works and making informed decisions, individuals can break cycles of poverty and achieve financial independence.
By mastering money management, we can unlock opportunities, create wealth, and empower ourselves and others to achieve financial independence.
Frankline Gor
ReplyDeleteKenya
Cohort 6 (Batch A)
Money is a medium of exchange widely accepted for the exchange of goods and services. It's history overtime began from barter trade to commodity money,coin& currency to digital. Transfer of money is effected when we earn and later spend to circulate. The value is determined by inflation and exchange rates. Misuse of money leads to poverty while spending wisely creates wealth. Youths should gain enough knowledge on use and misuse of money bearing in mind that money brings independence.
Money is anything widely accepted as a medium of exchange for goods and services. There’s plenty of forms of money Cash (coins, notes).
ReplyDeleteBank deposits (money stored electronically).
Digital money (mobile banking, online transfers).
The value of money depends on:
Inflation (rise in prices reduces purchasing power).
Exchange rates (strength of a currency compared to others).
Trust in government and financial systems.
The value of money depends on:
Inflation (rise in prices reduces purchasing power).
Exchange rates (strength of a currency compared to others).
Trust in government and financial systems.
Name: Doreen Kajuju
ReplyDeleteCountry: Kenya
Cohort : 6
Batch: A
From this module, I have learned that money is not just currency it is a language, a system, and a tool that shapes opportunities, choices, and destiny. I now understand that the power of money lies in how it moves, how it is valued, and how we manage it. Learning the evolution of money opened my eyes to how societies adapt, innovate, and create better ways to trade, from barter to digital transactions and even cryptocurrency.
I discovered that the economy functions like a living organism where money constantly flows between people, businesses, governments, and banks. When this flow is healthy, communities grow; when it is blocked, poverty increases. I also learned that understanding inflation, exchange rates, and the trust behind a currency is essential for making wise financial decisions in today’s world.
Most importantly, this module taught me that money is neutral it becomes a chain or a ladder depending on how we use it. With financial literacy, young people can rise above poverty, build wealth, and create opportunities for themselves and others. As a financial literacy leader, I am now empowered to teach students not just what money is, but how it works, how it grows, and how it can transform their future when used wisely.
Full Name: Claytos Chimoto
ReplyDeleteCountry: Zimbabwe
Cohort: 6
Batch: A
Understanding money is the cradle for successfully using it in entrepreneurial circles. Money is a social agreement (fiat currency) which fuel socioeconomic, environmental and political growth. Digital money is shaping communities and becoming the great life of the financial sector. Money buttress the concept of multiplier effect which enumerate the skyrocketing of money value once it is used in the right direction. Learning about money early in tender ages break the cycle of multidimensional and bidirectional poverty. It is essential for me to know the diverse environments and the type of money they use to be a resilient domestic and foreign investor who is successful and have validated solutions the communities are willing to embrace. Saving money in stable and strong currencies or real estate make it possible for youths to retain the intended value for a longer period of time.
- Full Name: Sebabatso Makhetha
ReplyDelete- Country: South Africa
- Cohort: 6 (Batch B)
- Short Summary:
In this module I learned why understanding the fundamentals of money is crucial for achieving financial freedom and that money can be defined as anything that can be traded. I also learned that there are multiple forms of money and that we as young people need to understand how they operate so that we can navigate todays financial word and how money flows through the economy and the consequences of what happens when this money flow is disrupted. I learned that we as young leaders have a responsibility to share these concepts and lessons to our communities.
Full Name:
ReplyDeleteSunday Chanda
Country:
Zambia
Summary of What I Have Learnt:
From this module, I have learnt that money is more than just coins or notes; it is a tool that drives economic activity and shapes personal financial freedom. I now understand that money serves three major functions: a medium of exchange, a store of value, and a unit of account. Without money, societies would depend on barter, which is inefficient.
I have learnt how money has evolved from the barter system to commodity money, coins, paper currency, and today’s digital and cryptocurrency forms. This evolution shows how societies innovate to make trade easier and more efficient.
The module also helped me understand how money flows in the economy: individuals earn income, spend on goods and services, businesses make profits, governments collect taxes, and banks lend money. When this cycle is strong, the economy grows, but when it is disrupted, poverty and unemployment increase.
I also learnt that the value of money depends on inflation, exchange rates, and trust in financial systems. This knowledge helps me make better choices around saving, spending, and investing. The module emphasized that poor money management leads to debt and poverty, while wise decisions create opportunities and financial independence.
Finally, I gained a global perspective, recognizing that different countries use money differently, from cash systems to digital and cashless economies. As a young leader, I now understand my role in teaching students how money works so they can use it to create opportunities instead of falling into poverty.
Full Name: Teddy Sikakena
ReplyDelete- Country: Zambia
- Cohort: 6
- Batch: A
Money moves in the economy through a cycle between households, businesses, government, and banks.
Households earn income by providing labor and skills to businesses.
They spend this income on goods and services, creating revenue for businesses.
Businesses use that revenue to pay workers, buy resources, and invest in growth.
The government collects taxes from both households and businesses.
It then spends on public services, infrastructure, and salaries, which puts money back into circulation.
Banks move money by providing loans, savings, and investments.
Loans help households buy goods and help businesses expand production.
Trade between countries also shifts money across borders through imports and exports.
In this way, money continuously circulates and keeps the economy active and growing.
Name: Tanatswa Mandizha
ReplyDeleteCountry: Zimbabwe
Cohort: 6 Batch A
Summary: Money is anything acceptable as a medium of exchange for goods and services. Money today is divided into 4 groups which are cash, bank deposits, digital money and crypto currency. The module explains that the value of money depends of inflation, financial systems and exchange rates. The misuse of money creates poverty. Financial literacy helps people break cycles of poverty. Young leaders face challenges of misinformation”, taboos and complex systems. Finally to become a money educator you should teach bout the history and role of money, how currency works and show how money choices create poverty or opportunity.
Name: fatuma juma
ReplyDeleteCountry: kenya
Cohort 6 batch B
From this module am happy i've learned about money. Money is a medium that is used for exchange of goods and services.
Thanks to technology for inventing money as a medium of exchange.
Firms in which money is handled may include. Cash, banks, mobile banking and others.
By providing services, money comes into your business.
By paying daily taxes we also generate money to the economy.
Value of money depends on rise of prices. Exchange rates.,
NAME: MARIE ELLEN COLLEY
ReplyDeleteCOUNTRY: THE GAMBIA
COHORT 6: (BATCH A)
SHORT SUMMARY ON UNDERSTANDING MONEY AND CURRENCY.
Money is the fuel of the engine that drives financial independence. But how it works and flows in society, makes it impossible to manage.
Money is not just paper or coins, it is an element of power, influence and opportunities. By truly knowing how money works, you can make wise decisions as a leader and empower others by teaching them about money, which will help fight against poverty and improve independence.
Simon Shadreck Justen
ReplyDeleteMalawi
Cohort 6
Batch A
Money is a fundamental tool for exchange, a store of value, and a unit of account that shapes economic opportunity. It flows within the economy through earning, spending, saving, and investing. disruptions in this cycle can lead to poverty. The value of money is influenced by factors like inflation, exchange rates, and public trust. Understanding money enables individuals to transform it from a potential source of debt into a vehicle for wealth and opportunity.
Name: Lizzy Zizila
ReplyDeleteCountry: Zambia
Cohort: 5
Batch: A
As a KAFI hub leader, i have learnt that money serves as a store of value, unit of account and medium of exchange. I have also learnt that money moves in circles and that the value of money depends on inflation, exchange rates and financial systems. Financial literacy enables young people to break cycles of poverty and unlock opportunities.
Name: Brivin Muia
ReplyDeleteCountry: Kenya
Cohort: 6
Batch :A
summary
Money serves as store of value, and medium of exchange. Today money is in cash, digital and cryptocurrency forms .
As KAFI leaders we should use money to create wealth and opportunities and train more people since financial literacy breaks the cycles of poverty and unlock opportunities.
we should conduct currency research and draw how money flows in our life.
Money is a tool of power, opportunities and influence.
Name: Noragbai P Naimah
ReplyDeleteCountry: Liberia
Cohort 6 (Batch A)
Group C
Summary of What I Learned
I learned that money is a universally accepted medium of exchange that also serves as a store of value and a unit of account. Its evolution from barter to commodity money, coins, paper currency, and today’s digital forms shows how societies continually adapt to make trade easier and more efficient. Modern money includes cash, bank deposits, mobile money, and cryptocurrencies, all of which young people must understand to navigate today’s economy.
I also learned how money flows through the economy: individuals earn, spend, and save; businesses profit and pay workers; governments collect taxes; and banks provide loans that support growth. The value of money is influenced by inflation, exchange rates, and public trust, making financial awareness essential.
Finally, I learned that wise money management creates opportunities, while misuse leads to poverty. As financial literacy leaders, we must teach others how money works and how smart decisions can shape a better future.
Musuba Bishonga
ReplyDeleteZambia
Cohort 6
Take aways;
1. Core Definition:
· Money is fundamentally a tool with three key functions: a medium of exchange, a store of value, and a unit of account.
2. Evolution is Key:
· Money has evolved from barter to commodities (salt, gold), to government-backed cash, to today's digital forms (bank deposits, mobile money, cryptocurrency). Understanding this evolution is essential for navigating the modern economy.
3. Money is Dynamic:
· Money flows in a continuous cycle through the economy (earning, spending, lending, investing). Disruptions in this flow cause poverty and unemployment.
4. Value is Relative and Can Change:
· The value of money is not fixed. It is affected by inflation, exchange rates, and public trust. Smart financial decisions require understanding these forces.
5. Money as a Double-Edged Sword:
· Money can create poverty or opportunity. Its outcome depends on knowledge and choices. Financial literacy is the key to using money as a tool for wealth creation and breaking poverty cycles.
6. Global & Diverse Landscape:
· Money use varies globally (cash vs. digital dominance). Leaders must be aware of global trends like cashless economies and cryptocurrencies.
7. The Educator's Role:
· A financial literacy leader must demystify money, overcome cultural taboos, and teach its practical flow and impact, empowering others to use it as "fuel for independence."
Full name: Owino Mercy Atieno
ReplyDeleteCountry: Kenya
Cohort: 6
Money is a medium of exchange. for goods and services. It is also store of value and a unit of account that is in form of
Cash, bank deposits, digital money and Cryptocurrency.
Over the years , the medium of exchange for goods and services has evolved from the barter system, Commodity money,
Coins and paper currency to digital money which involves credit and debit cards.
Misinformation, complexity in financial systems and cultural taboos are some of the challenges facing the understanding of money.
Money flow determines whether the economy rises or falls.
- Full name: Jesus James Fatch
ReplyDelete- Country: Malawi
- Summary of what l have learnt: Money is a medium of exchange, store of value, and unit of account. Its history evolved from barter to digital currencies. Money's value depends on inflation, exchange rates, and trust. Wise use creates opportunities, while misuse leads to poverty. Understanding money's forms and flow is crucial for financial independence.
- Full name: Jesus James Fatch
ReplyDelete- Country: Malawi
- Summary of what l have learnt: Money is a medium of exchange, store of value, and unit of account. Its history evolved from barter to digital currencies. Money's value depends on inflation, exchange rates, and trust. Wise use creates opportunities, while misuse leads to poverty. Understanding money's forms and flow is crucial for financial independence.
- Full name: Jesus James Fatch
ReplyDelete- Country: Malawi
- Summary of what l have learnt: Money is a medium of exchange, store of value, and unit of account. Its history evolved from barter to digital currencies. Money's value depends on inflation, exchange rates, and trust. Wise use creates opportunities, while misuse leads to poverty. Understanding money's forms and flow is crucial for financial independence.
Mellen otieno
ReplyDeleteKenya 🇰🇪
Cohort 6
Batch B
Money serve as a medium of exchange, store of value and unit of account. Financial literacy enables people to break cycles of poverty and unlock opportunities like business education and investment.l have also learnt that money is the fuel for financial independence and it is disrupted poverty and unemployment rate rise
Name: Jasper Opio
ReplyDeleteCountry: Uganda
Cohort 6 (KAFI GROUP A)
In this module i learned that money is much more than just notes and coins,it is a tool that represents value and enables trade. I realized that currency is the practical form of money that allows people and businesses to exchange goods and services efficiently.
This session helped me understand that the value of money depends on trust and acceptance in society. I also learned that different currencies have different strengths and exchange rates, which can impact decisions like trading, saving, or investing. By understanding how money and currency work, I feel more confident in making smarter financial choices for both my personal life and entrepreneurial ventures.
This lesson has inspired me to be more mindful of how I manage money, plan my expenses, and make financial decisions that can grow my resources sustainably.
Name: Ongezwa Mlambo
ReplyDeleteCountry: South Africa
Corhot: 6
Batch: A
Put more work, work more harder, build what you want so that you can be able to see what you've build.
Money required more work, but at the end what you put in is what you'll have at the end. Being discipline and learn to live according to the standard you've set yourself.
Don't live to impress, don't live the life that you don't afford, don't live to impress others for the wrong reason's.
Discover yourself financially. Manage your finance accurate. Save as much and little as you can. Look for opportunities to grow your finance, break the circle.
name: charity
ReplyDeletecountry: zambia
cohort: 6 batch B
I learned that money is more than just coins or notes; it is a tool that allows trade, stores value, and measures prices. I understood how money has evolved from bartering, to commodity money, coins and paper, and now to digital money and cryptocurrencies. I also learned how money moves in the economy through income, spending, business profits, taxes, and bank lending, and how disruptions in this flow can lead to poverty and unemployment.
I now understand that the value of money is affected by inflation, exchange rates, and trust in financial systems. Using money wisely creates opportunities and helps break cycles of poverty, while mismanagement can lead to debt. I also learned that money looks different globally, with digital payments dominating in some countries and cash still important in others.
Finally, I learned practical ways to teach these concepts to students, such as mapping money flow in daily life, comparing currencies, and explaining money simply. Overall, I now see money as a powerful
Name: Christine Ndunge
ReplyDeleteCountry: Kenya
Cohort 6
Batch B
This module has taught me that money is a tool used to buy goods and services, store value, and measure prices. I now understand how money has changed from barter to coins, cash, digital money, and even cryptocurrency. I have also learned how money moves in the economy through earning, spending, taxes, and banking. This module has showed me that the value of money changes with inflation and exchange rates, and that wise money choices can reduce poverty and create opportunities.
Audrey Mutale
ReplyDeleteZambia
Cohort 6
Batch A
Money is what fuels personal finance.
Money is a social agreement.
It stores value, unit if account
There are different systems in which money is
In this generation digital money has dominated
Forms of money: Physical cash, bank deposits, digital money, crypto currency, mobile money.
Money flows because it is not static.
Personal spending, financial institutions, government spending amount others which are known as money circulation.
Money losses value too.
Note: lack of financial literacy people remain in poverty and teaching students the value of money quickly helps them in future and build a better world.
When given an opportunity to teach others. Teach them using the local currency.
One thing to understand is that money is more than currency.
Kodjo Nukunu Emmanuel ADOGLI
ReplyDeleteCohort 6
Batch A
Money is more than its physical or virtual appearances. It's a means to connect values, trust and opportunity. Understanding it's origin, basics and laws enables young leaders to be well grounded and thus generate true wealth and managing it well regardless the area.
Name: Sheril Olal
ReplyDeleteCountry: Kenya
Cohort: 6
Batch: B
Group: H
I have learned that money is a medium of exchange that also acts as a store of value and a unit of account. I now understand how money has evolved from barter to digital and cryptocurrency forms. I learned how money flows in the economy through people, businesses, banks, and government, and how factors like inflation and exchange rates affect its value. The lessons showed me that money can create either poverty or opportunity depending on how it is used, and that financial literacy is key to making wise decisions. Overall, I learned that understanding money, its history, forms, and value helps me become a better financial literacy educator and a more responsible leader.
Full name: Shatulo Chikumbe
ReplyDeleteCountry: Zambia
Cohort: 6
Batch: A
Money is what has been accepted to be the medium of exchange for goods and services. Goods can be household groceries while services can be education and healthcare. Money stores value and it is used as unit of account. China was the first country to use paper money which is widely used in the world now. A long time ago, people relied on barter exchange for trade. In Zambia, we still use coins and paper money. There is a saying which states, "Money runs the world." This is true because all human's needs and wants and even savings require money. Therefore, it is important to note that money has to be grown in order to have more money.
Name: Alexander Ogbolu
ReplyDeleteNigeria 🇳🇬
Cohort 6
Understanding money is crucial for financial independence, simplifying trade compared to barter systems. The history of money includes barter, commodity money, coins, paper currency, and digital money, reflecting societal trade adaptations. Modern money forms include cash, bank deposits, digital money, and cryptocurrencies, essential for today's economy. Money moves through income, spending, business profits, taxes, and bank lending, with disruptions causing poverty and unemployment. Money's value is influenced by inflation, exchange rates, and trust, guiding financial decisions like saving and investing. Misuse leads to debt, while wise use fosters wealth, with financial literacy breaking poverty cycles. Digital transactions dominate in developed countries, while cash and mobile money are prevalent in developing regions, with a shift towards cashless economies. Challenges include misinformation, cultural taboos, and financial complexity. Practical exercises include mapping money flow, researching currency, and teaching money to younger students. A financial literacy ambassador should educate on money's history, role, and impact on poverty and opportunity.
Bora Rwarinda
ReplyDeleteCountry:
Uganda 🇺🇬
Cohort 6 Batch A
Summary of what I have learnt:
Today I learnt that money is not just paper or coins. Money is something people agree to use so they can buy things and pay for services. I also learnt that long ago people used to exchange goods directly, but now we use cash, mobile money, bank payments, and even digital money.
I understood that money keeps moving in the community. People work and earn, then they spend, save, or invest. Businesses grow when people buy from them, and the government uses taxes to provide services. When this flow is slow, people suffer and jobs become few.
I also learnt that the value of money can change because of rising prices or changes in the currency. This is why saving well and using money wisely is important.
This lesson showed me that money can either help us grow or keep us poor, depending on how we handle it. When we understand money better, we can make good choices and also teach others to manage it well.
NAME:NIYIBITANGA STRATON
ReplyDeleteCOUNTRY:BURUNDI
COUNTRY:BURUNDI
As money is defined as the fuelfor financial independance,in this module we have explored its meaning,its history ,its forms and flows to the economy.
Money can be defined as anything widely accepted as a medium of exchanging for goods and services.Going through the history of money we see that in the past time they exchaged goods directly,then they begun using itmes like saltor gold,in the third time they adopted coins and currencies by arriving to digital money for modern world.This shows that money can be of different forns and help people to move theur economies by earning the money,spending it and making business.it also help government to survive from tax collection and bank loans.This module also provides the value of money and how money leads to poverty and opportunities.
Full name:
ReplyDeleteAbariche Emelia
- Country:
Ghana
Cohort 6: Group A
- Summary of what you have learnt:
I have learnt that money is more than just cash it is a medium of exchange, a store of value, and a unit of account that makes trade and daily life easier. This module helped me understand the history of money from barter to digital currencies, and the different forms money takes today, including mobile money and cryptocurrency. I also learned how money flows through the economy how individuals earn and spend, how businesses operate, how governments collect and use taxes, and how banks support growth through lending. The module emphasized that the value of money is affected by inflation, exchange rates, and trust in the financial system. Most importantly, I now understand the link between money, poverty, and opportunity: wise financial decisions can create wealth, while misuse can lead to debt and hardship. As a financial literacy leader, I am better equipped to teach students the role and power of money so they can make informed choices for a better future.
Name : Ntsane Mosanteli
ReplyDeleteCountry: Lesotho🇱🇸
Cohort: 6
Personal finance is the engine that drives financial independence, then money is the fuel. Without understanding what money is, how it works, it is easier to misuse the fuel,stuck and mislead those who are following you because it becomes impossible to manage it wisely.Understanding value helps young people make smarter choices like saving in stable currencies or investing to beat inflation.Misuse of money and opportunity creates debt and poverty while wise use of money creates wealth and opportunities.Financial literacy enables people to break cycles of poverty and unlock opportunities like business, education and investments that why we can see that other countries grows academically, and financially due to wise use of money.Money map exercise shows how money flows in your life (income, spending, saving).Money is more than paper or coins, it is a tool of power, opportunity, and influence teaching the next generation about money ensures they use it as fuel for independence, not as a chains of poverty whereby one is financially stable today but tomorrow he/she is bankrupt
Akem Aurelia Njang
ReplyDeleteCameroon
Cohort 6 (B)
This module helped me truly understand what money is, where it comes from, and how it works in the real world.
I learned the journey of money, from barter to digital currency, the different forms we use today, and how money flows through people, businesses, and governments.
It also showed me why inflation, value, and financial habits shape poverty or opportunity.
Now I feel more equipped to teach students that money isn’t just cash; it’s a tool that can open doors when we understand it and use it wisely.
Princess Otumanye
ReplyDeleteUGANDA
COHORT 6 Batch 5.
Key takeaways.
Money is a medium of exchange for goods and services. It is the one that fuels financial literacy and it can be in physical form like cash, digital, or crypto among other forms. Money circulates in the economy as it it used as tool of exchange by various sectors. Money has value because it is largely accepted, it is protected by government and it is scarce. This value can however be reduced due to inflation, foreign exchange risks or economic instability.
Money is a tool for creating opportunities, encouraging saving and investment, and avoiding debt.
Kevin Wamalwa Manyonge
ReplyDeleteKenya
Cohort6 Batch A
Money is a medium of exchange for goods and services. It is the one that fuels financial literacy and it can be in physical form like cash, digital, or crypto among other forms. Money circulates in the economy as it it used as tool of exchange by various sectors. Money has value because it is largely accepted, it is protected by government and it is scarce. This value can however be reduced due to inflation, foreign exchange risks or economic instability.
Money is a tool for creating opportunities, encouraging saving and investment, and avoiding debt.
Juliet Mwatsaka
ReplyDeleteKenya
Cohort 6
Batch B
From this module I have learnt that money is anything that is acceptable as a medium of exchange. It is also used a standard measure of value and as a store of values.
Misuse of money creates poverty and debts whereas if money is used wisely create power, weather and opportunities, therefore Money is more than papers and coins.
Money is in different forms and it rotates from individuals earning income, spending the income earned to buy goods and services, businesses use profits made to pay workers and invest.
Understanding the real meaning of money is key to educating young people on the financial literacy.
Jane kimani
ReplyDeleteKenya
Cohort 6 batch A
Money is a medium of exchange for goods and services. Money is in form of cash, bank deposit, digital money and cryptocurrency. Money flows in cycles and when disrupted it creates poverty and unemployment rise. We should map how money flows in our lives and understand how currency work
Name: Paul Ochieng Otieno
ReplyDeleteCohort 6
Batch b
Moodle 4 focuses on understanding money and its role in society. It explains what money is and traces the history of money from barter systems to modern digital currencies. The module explores the different forms of money used today, including cash, bank money, and mobile and digital payments. It also examines how money moves within the economy through production, consumption, savings, and investment. The value of money is discussed in terms of purchasing power and inflation. Additionally, the module links money to poverty and economic opportunities, showing how financial knowledge can improve livelihoods. Finally, it highlights common challenges in understanding money, such as misinformation, lack of financial education, and rapid changes in financial systems.
NAME: Lavington Odhiambo
ReplyDeleteCountry: Kenya
Cohort: 6 batch B
Beside money being the medium of exchange for goods and services, it is also the store of value and unit of account. Have learned the different forms of money such as cash, bank deposit, mobile money and cryptocurrency. interestingly the movement of money in the economy has really changed since the invention of cash, mobile money and cryptocurrency and its movement is through income from jobs, profit from business and taxes from the government. Finally have learned the linkage between poverty, money and opportunities whereby its misuse creates debt and poverty and wealth and opportunities comes as a result of good use. Despite all these, young people need to be financially literate to break the cycle of poverty and unlock the opportunities for a better society.
- Nome completo: Fátima Jeremias Mimbire
ReplyDelete- País: Moçambique
- Turma:cohort group O
- Breve resumo: neste modulo conforme dito no resumo pude entender que O dinheiro é mais do que papel ou moedas; é uma ferramenta de poder, oportunidade e influência . Ao dominar sua história, suas formas somos capazes de desenvolver uma gestão financeira mais eficaz.
Full name Prince Mvula
ReplyDeleteCountry Zambia
Cohort 5
Batch D
Summary
Absolutely! Money transcends its physical form as merely coins or paper; it serves as a powerful tool for opportunity, influence, and empowerment. Understanding its history, various forms, and how it flows within economies can guide individuals in making informed financial decisions. As a young leader, it’s crucial to educate the next generation about financial literacy, equipping them to use money as a means to achieve independence rather than allowing it to become a source of burden or poverty. By fostering this knowledge, you can inspire others to harness financial resources effectively, paving the way for a brighter, more equitable future.