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…
ĠEMMA on 3rd November held a webinar on key matters that one should be aware of with regard to the social security contributory system. If you missed the Webinar and you wish to view it click here. Missed the Webinar … Do you want to go through it? Click here to download the presentation delivered…
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…
In the first part of this post we discussed the importance of determining whether you will be able to afford to go flatting and still have enough money to have a good social life. ĠEMMA also discussed the matter of rent and the rental contract to be entered into with a landlord. As well as…
PRESS RELEASE The Central Bank of Malta is cooperating with ĠEMMA to produce another set of videos aimed at promoting financial capability. The Bank provides ongoing practical assistance to the agency and will also help with the dissemination of the videos via its social media presence. “Although financial literacy is not directly one of our…
So – you have decided that it is time you reach out for yourself and start living on your own or share a flat with some mates. First thing that you must take note of is that going independent means you will now start paying for expenses for things that you would have taken for…
Retirement – you must have thought about it! To be free to do what you have long dreamt about; No more demanding working schedules; No more being caught up in bumper to bumper traffic to get to work; No more constant stress; On retirement, finally, you are your own master. To enjoy your retirement, you…
It is important that you note that you must have paid a minimum threshold of social security contributions for you to qualify for the Social Security Contributory Pension. The amount of social security contributions that you must pay depend on your date of birth. These are presented in the Table below. Date of BirthTo Qualify…
