From the beginning of creation, how to generate and manage economic resources effectively has always been the problem of humanity. Lack of financial wisdom has thrown a lot of working class people into shambles because their “take home pay” can no longer take them home. Some people are born with Silver spoon in their mouth only for them to wake up one day and discover that the wealth bequeathed to them by their parents has gone down the drain.
There are people who do not know how to manage wealth in old age and so they suffer instead of enjoying the fruits of their years of labour. Sudden termination or retrenchment has often been the beginning of financial humiliation and sorrow for many people. Unplanned cessation of source of income can bring horror and poverty to a hitherto happy family. Retirement, whether forced or voluntary can also lead to financial slavery and poverty.
Lack of wisdom and financial knowledge of wealth creation have robbed many people of great opportunities to enjoy life and live life of comfort and happiness till old age. Many people are living high currently because they earn high income. This may not last and the future is not guaranteed of financial stability