In situations like this, loan sharks will target you. They may appear friendly and if you keep up your repayments, they might stay that way. But the reality is, even if you do, any money you borrow will come at a very high price. There are many risks attached to borrowing from a loan shark:…
As the entire world anxiously monitors and battles the spread of the Coronavirus (COVID-19) with all its resources, it seems that the novel virus continues to bring growing concerns to every home and industry alike. Today in the Tech world, cybercriminals are preying on the increasing global fears and misconceptions surrounding the virus. Using sophisticated…
One of ĠEMMA’s strategic thrusts is that of working with the Education Division and other partners to inculcate financial capability among children and teenagers so that they understand better how to manage their money to avoid financial difficulty now and in the future is on. The OECD recognising that the low level of financial literacy…
Register Now A half day seminar! ĠEMMA, within the Office of the Permanent Secretary in the Ministry for the Family, Children’s Rights and Social Solidarity, is organising a half-day seminar: ENHANCING FINANCIAL CAPABILITY THROUGH RESEARCH-DRIVEN COMMUNICATION on Thursday 26th March 2020 | 08:00 – 12:30 at The Chamber of Commerce, Industry and Enterprise under the…
Last year, ĠEMMA launched a long term financial education campaign – which will close in the 2nd quarter of 2021. The financial capability campaign targets the following cohorts of Malta’s population: o Persons in low income employment. o Persons in unemployment. o Self-employed persons. o Family members working in family businesses but not paying a…
Just like any computer devise, ATM have vulnerabilities. Thus, they are open to being hacked. The majority of ATM frauds involve a level of physically manipulating parts of the machine or introducing devises. Scams can include: Skimming: this normally involves the installation of a card reader device (skimmer) and a keypad overlay or pin hole…
Senior Citizen Grant, also known as SCG The €300 allowance was first introduced in 2012 to those aged 80 and over. In 2013, age was decreased to 78 years. In 2014, the age group was widened again whereby the age was lowered to 75, allowing more elderly persons to benefit from such a grant. It…
download, read and shareWhat will your retirement look like? Most people do not start planning for their retirement until they are in their late 40s. There is a reason for that. At the start of your first job or on completion of tertiary studies, between the age of 18 and 23 , the last thing…
First and foremost, your very first step towards improving your financial capability is a reflection of your present situation. Questions that will help you think How much effort are you putting in managing your own money? Are you keeping track of what you are spending in a day, week, or month? Do you…
