Only two out of ten Ugandans set long-term goals – Fin Scope

A report released by Fin Scope on financial management by Ugandan adults has revealed that only two out of every ten (10) are confidently setting their long-term financial goals and striving to achieve them. Financial health or well-being is the extent to which a person or family can smoothly manage their current financial obligations and have confidence in their financial future. The report indicates that only 1 percent of Ugandan adults have access to and are utilizing pension/ retirement benefits schemes. “Nine out of every 10 Ugandans were faced by an unexpected event in 2023 which is more than triple the figure reported in 2018 and most of these Ugandans do not have sufficient income to cover their expenses,’” the […]