After a particularly challenging year, PWC's 2020 Employee Financial Wellness Survey reports that financial matters are the top stressor among employees globally. Financial problems do not only impact every facet of the lives of those affected, but also the organisations for which they work. It is estimated...
Our “above the surface" spending habits are influenced by our “below the surface" needs (both conscious and subconscious) - emotions, attitudes, values, perceptions & beliefs. Marketers understand the psychology behind this only too well and we are lured into buying for all the wrong reasons. As employers, we...
At some stage, we’ve all been lured by the tantalising bait of advertisers and salespeople. While it’s important to dream about the things we want, pursuing these wants should not outstrip our ability to meet our needs. Differentiating between ‘wants’ and ‘needs’ can be tricky, as...
Lockdown is easing (yay!) but it has taken a serious toll on our emotions and our pockets. A recent online survey by the South African Depression and Anxiety Group (SADAG), reveals that 46% of South African's are dealing with financial pressure, 55% with anxiety and 40%...
While some of us splurge our salaries on the latest tech and gadgets, others can't resist the lure of 'buy 3 & get on free' and others skimp and save every cent they can. How we 'see' money and our resultant financial decisions are influenced by...
Alarmingly, South Africa ranked last out of 19 countries in one of the most recent polls providing insight into global adult financial literacy. A financial wellness survey conducted by Free To Grow over a period of five years highlights that many employees struggle to handle even the most basic aspects of their...
'Januworry' jokes abound but for many South African's, their personal financial stressors extend way beyond the first month of the year. A reality brought to light by Stats SA, who showed a 4,5% debt increase in the three months ended November 2019 compared with the same period in 2018. In...