Wednesday, August 20, 2025

He who does not know one thing knows another

The Akan proverb, "He who does not know one thing knows another," highlights the value of diverse knowledge and skills. It suggests that while someone may lack expertise in one area, they can excel in another. This wisdom is particularly relevant when managing money, where multiple skills come into play, such as budgeting, investing, saving, and spending wisely. Not everyone can be an expert in all areas, but recognizing and leveraging one's strengths while seeking help for weaknesses is key to financial success.

For example, Bisi is a young professional who is excellent at saving money. She understands how to cut unnecessary expenses and regularly sets aside a portion of her income for emergencies. However, she lacks knowledge about investing. While her savings are growing slowly, she realizes that without learning how to invest, she may not be maximizing her financial potential. Instead of feeling inadequate, Bisi embraces the idea that while she excels at saving, she can improve her investment knowledge by reading books, taking courses, or seeking advice from a financial advisor.

Bisi’s situation reflects the essence of the proverb. She doesn't need to be discouraged by what she doesn't know, because she already has a strength—her saving habit. By recognizing that she knows something valuable, she can confidently approach the areas where she's less knowledgeable, learning from others who are more experienced in investments.

This proverb teaches us the importance of self-awareness and humility in managing money. We don’t need to master every aspect of personal finance, but we should recognize our strengths and be willing to seek guidance where we lack knowledge. 

The lesson is that everyone has unique skills, and by combining what we know with the expertise of others, we can achieve better financial outcomes. Instead of focusing on what we don’t know, we should appreciate our strengths and work to improve in areas where we can grow. 


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