If you have multiple debts – more than one credit card, home loan, car loan – have you ever wondered what strategy you are to adopt to pay off your debt. Earlier this quarter ĠEMMA posted a series of articles with regard to debt. These included tips to reduce the cost of your credit card…
This is part V of ĠEMMA’s series on Rules of Thumbs that act act as a useful and reliable steer which engages persons offers a better course of action than not following it is in the withdrawal of savings from your retirement pot. Today’s post explores the Life Expectancy Rule. This Rule sees you each…
The ĠEMMA team has uploaded a new resource tool – the ‘Savings Goal Tracker’. First you need to set your savings goals. What are you saving for? Your savings goals may be for carrying out maintenance on your home or purchasing a new bed for your daughter. You may be saving for a family vacation.…
This is part IV of ĠEMMA’s series on Rules of Thumbs that act act as a useful and reliable steer which engages persons offers a better course of action than not following it is in the withdrawal of savings from your retirement pot. Today’s post explores the Fixed Date Rule. This Rule sees you run…
This is part III of ĠEMMA’s series on Rules of Thumbs that act act as a useful and reliable steer which engages persons offers a better course of action than not following it is in the withdrawal of savings from your retirement pot. Today’s post explores the Inflated 4% Rule. This rule is tested for…
ĠEMMA on 7rd November held a webinar on key matters that one should be aware of with regards to Household Money Management. The panel consisted of Josef Bugeja – Secretary General of the GWU; Abigail Mamo – CEO of the Chamber of SMEs; Frans Camilleri – Economist; and David Spiteri Gingell – Team Leader, ĠEMMA.…
In last Tuesday’s post ĠEMMA referred to the importance of following successful Rules of Thumb that nudge and guide persons to reach financial and money management decisions. One important area where Rules of Thumb act as a useful and reliable steer which engages persons offers a better course of action than not following it is…
IMPORTANT. The information below has been superseded with newer information, and therefore please note that the information below may no longer apply. Kindly refer to https://socialsecurity.gov.mt/en/ for the most up-to-date information. ĠEMMA on 3rd November held a webinar on key matters that one should be aware of with regard to the social security contributory system. …
Not everybody wants individual financial advice and not everybody can afford it. Those who get individual financial advice want comfort that it is robust and reliable. Rules of Thumb are used in some savings and pensions markets to give general advice to retirees. A working definition of a Rule of Thumb is: “A simple principle,…
If you are in receipt of one of the above benefits, you will receive payment on particular dates. Want to keep track of when payments will be deposited in your account? Click here to download and save our calendar for 2021. Payments are issued on a four weekly basis, resulting in a total of thirteen…
