Senior Citizen Grant

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 and the age was set to 75, allowing more elderly persons to benefit from such a grant. It…

Our New Investment Menu

Our new Investment menu … a truly comprehensive, educational, interesting, and enjoyable reference tool. We welcome you to explore Gemma’s resources and reading and we hope that each journey will prompt you to question, learn, explore more and share that knowledge with others. Investing: your introductory guide When do you start investing? What to ask a…

Initial Coin Offerings

Initial coin offerings (ICOs) are a way for developers of Blockchain technology to raise development funds. ICOs have been used to raise hundreds of millions of dollars for blockchain-related projects, often with limited information about their goals. ICOs sound similar to initial public offerings (IPOs); however, they are not the same and usually do not…

The Importance of Budgeting

What is a budget? A budget is a written plan that helps you know how much money you have coming in, what you need to spend it on and how much can be saved. It helps you keep track your spending patterns. Making a list of all your expenses, you can then compare it against…

Current Accounts

Banks offer various financial packages to cater for different stages in one’s life. Amongst the diverse accounts, you can start by opening a current account which is an account from which money may be withdrawn without notice. It is typically an active account catering for frequent deposits and withdrawals by cheques. This type of account…

Financial Knowledge – Infographic

Financial knowledge is an important component of financial literacy for individuals, to help them compare financial products and services and make appropriate, well-informed financial decisions. This part of the research assesses the extent of Maltese and Gozitans’ basic knowledge of financial concepts, and the ability to apply numeracy skills in a financial context, ensures that…