Ghana’s total debt as of 2015 = GH¢100 billion
Ghana’s total annual interest payments as of 2016 = GH¢10.5 billion
I’m broke and every time I get here I reflect on two things: how did I mismanage my finances and how can I ensure I never have to feel this sense of emptiness and scarcity again. I draw up a plan on how I plan to make some money, the percentage I will save and how I will crawl out of my financial misery.
The macro level is a bit tough. How do we ensure we don’t feel this empty again? How do we plan ahead to make sure our children and their children do not spend their lives in a broke nation? I don’t have the answers but will love to read more about how we plan to crawl out of our economic woes.