Ashimolowo harps on financial education

Mathew Ashimolowo

Founder of Kingsway International Christian Centre (KICC) Pastor Mathew Ashimolowo has decried the increasing level of poverty among black people, stating that true freedom is financial freedom.

He said during online Money Master Class said that blacks are far behind in the rating among rich people across the globe.

He added that only financial education can bring liberation from poverty.

According to him: “Without true understanding, applied knowledge and recollection of the history of what has brought you to this point in your finances, you will not be able to become wealthy

“You cannot gain economic freedom without re-educating your mind.  If you have the right education, the right attitude, the right information, the right mindset; you can become the best.”

He highlighted “90 Major differences between wealthy people and poor people”, adding that said to “be a poor man is hard. But to be a poor race in the land of dollars is a very bottom of hardship.”

He noted that wealthy black people in the US, despite the sophistication there, are still not more than 1 percent of the population adding that “No amount of protest can change things if you don’t have money.”

He said during apartheid in South Africa, four percent of the population controlled 87 percent of the wealth.

He said decades after apartheid was abolished, the 4 percent are still controlling 90 percent of the country’s wealth.

Ashimolowo added the rich-list published every May in the Times of London has just four blacks

“There are 2 million black people in the UK only 4 of them make the rich list. This shows you that a system does not change the economic strangulation of the people there,” he argued.

He lamented the second slavery of the blacks, noting by 2020, people are shipping themselves to the developed countries to do all kinds of demeaning jobs.

He added however that highly skilled people who live in the UK are barely surviving.

Referring to Belgium, which has a limited population, he said the country controls the Democratic Republic of Congo, which has a population of 140 million.

He said #Blacklivesmatter “protest cannot make any meaning until black people re-educate themselves.

“You can gain economic freedom by re-educating your mind. In any corner of the world with the right attitude, your well-being can change.

“True financial freedom does not come because of the abrogation of the system. You need more than relocation to find your allocation. You need a re-education.”

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