Money & the psychology of money
THE 2013 BUDGET AND THE BIRTHING OF A NEW PROFESSION
“Ask not what your country can do for you, but what you can do for your country”
When South Africa introduced the National Credit Act, they inadvertently gave birth to a new profession in South Africa. A Debt Counselor never existed as a profession before the Act came into being. The fact that the Act made it a requirement to have people counseled independent of the lender before additional loans are offered to them, necessitated that this profession exist.
It was chaotic in the beginning because these counselors had to familiarize themselves with the Act and be registered. Suddenly, many business graduates who were unemployed found themselves meeting the requirements to become Debt Counselors, and low and behold, they were in business, with a queue of people needing counseling before they could continue with their lives. The system has, over the years, sifted the wheat from the chaff, and of course that continues. Some have built robust businesses with constant referrals from lenders.
What could be the parallel in Botswana? The government’s response to unemployment has been programs and more programs. We have Youth Development Fund, Livestock Management and Infrastructure Development (LIMID), Youth Empowerment Scheme (YES), Economic Diversification Drive (EDD), Integrated Support Programme for Arable Agriculture (ISPAAD), Remote Area Development Program (RADP), Women’s Economic Empowerment Programme (WEEP), etc.
My question is: who are the go-to experts on these programs that could assist others to utilize them for the betterment of everyone and the reduction of unemployment? Many people experience that when they go to the ministries that house these programs, they are often discouraged and never go back.
I lay a challenge before, especially unemployed graduates, to study these programs and become experts that others could go to to benefit from them. You shall have created a job for yourself, and in that process, help others to create jobs for themselves. Just as there are those who made a career out of helping expatriates get work permits and residents permits, you can make a career out of these programs. I think that is why they were created.
If South Africa could create a new profession from an Act of Parliament, I’m certain we can create many professionals out of these programs. Don’t let any obstacle stand in your way. The fact remains many people need professional assistance in accessing these programs. Will you rise to the occasion? No, don’t ask for Government support, just do it!
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