Abstract:
The utmost aim of this research was to assess the level of Investment literacy among teachers in the Ekumfi District. The key objectives of the study were to determine the level of personal investment literacy among teachers, to determine whether the demographic characteristics of the teachers have an influence on their level of investment literacy and finally, to determine if the programme of teaching by the teacher has an influence on his/her level of investment literacy. Descriptive research design was adopted for the study. The target population for this study was six hundred and seven (607) teachers in the district. Out of that a sample of one hundred and twenty-two (122) teachers was selected using convenience sampling. Questionnaire was the research instrument employed in this survey. On the grounds to determine whether the demographic characteristics of the teachers have an influence on the investment literacy of teachers, it was evident enough that respondents who were males and again in the married group were seen to be more knowledgeable in investment compared to their counterpart who are singles and this is accruing to the fact that the married group were seen to have various responsibilities at hand which needs attention, financially, hence, the need for investment. In conclusion, the findings of this work brought to light that some section of teachers in the Ekumfi District do lack knowledge in the field of investment and this behoves on the Ghana Education Service to organize investment programs for teachers which will eventually help the teachers in the long run to become financially sound and make informed investment decisions.
