MUKONO.
The Executive Director of National Social Security Fund ( NSSF) ,Mr Patrick Ayota, has advised university students to embrace financial literacy .
According to Mr Ayota , when one embraces financial literacy can easily achieve financial independence.
“Data from the fund shows that those who begin their savings journey early are more likely to save consistently and in greater amounts,” Ayota said while launching the NSSF Career Expo 2025 at Uganda Christian University on Saturday.
The event under the theme: “Financial Literacy, Smart Money Moves”, brought together students and industry experts from leading organisations like Absa Bank offered invaluable insights on how to make informed financial decisions and navigate career opportunities.
This year’s expo aims at equipping students with the knowledge and skills necessary to manage their finances effectively and succeed in an increasingly competitive employment landscape.
Mr Ayota also emphasised the importance of developing strong work habits, such as time management and reliability.
“These traits will set you apart in the workplace and contribute to your overall success,” he said
Mr David Wandera, the Absa Bank- Uganda acting Managing Director emphasized the need for young people to cultivate a culture of saving and living within their means.
“In today’s challenging economic climate, understanding the basics of financial planning and managing your money is crucial,” Wandera told the gathered students. “You must take charge of your financial future—saving, investing, and budgeting wisely will be key to your long-term success.”
Mr Michael Kisenyi, the UCU dean of students , said this expo gives a golden opportunity for students not only gain knowledge about financial planning ,but also develop critical career skills.
The NSSF Career Expo has proven to be an influential event, reaching over 300,000 students across Uganda in previous editions. Since its inception, more than 50,000 students have registered for NSSF and become active contributors, with over Shs35 billion generated through their contributions.