financial literacy Tag

Helping employees to grow their Money Sense

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...

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Helping employees buy wisely this holiday season

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...

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Helping employees make sense of their cents to boost your bottom line

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...

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There is light at the end of the tunnel

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%...

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Money ‘personalities’ & their impact on employees’ finances, wellbeing and performance

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...

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Personal financial literacy: Why it matters in the workplace

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...

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Financial stress lowers global productivity by over R3.7 trillion per year

'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...

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