We all practice money management, most of the time continuously, having to make the best of our financial resources. So acknowledging the skill of money management as important as learning other subjects. At times we fall into the trap of saying that our kids are too young to appreciate the value of money but children…
Details
ĠEMMA within the Ministry for Social Justice and Solidarity, the Family and Children’s Rights Teams up with the Chamber of SMES for the provision of financial capability coaching to self employed persons and small business owners Being self-employed definitely has its advantages – for one, you are your own boss. Yet you are also likely…
Details
We are pleased to announce that ĠEMMA as from this month forms part of the Sagħtar e-magazine. ĠEMMA will definitely be present on Sagħtar till the end of the year. In its monthly slots, ĠEMMA will introduce money management concepts to children. ĠEMMA will do this by discussing a particular concept and then setting an…
Details
ĠEMMA publishes the Research Analysis on the Preparation of an ESF co-financed Campaign on Financial Capability and Widows and Widowers. The Research Analysis report identifies the following key points: The expenses of most participants related to household maintenance and healthcare. Only a very small minority mentioned travelling for leisure. The financial assets and resources for…
Details
ĠEMMA publishes the Research Analysis on the ESF co-financed Campaign on Financial Capability and Tertiary Education Students. The Research Analysis report identifies the following key points: There is a general consensus that life goals and lifestyle played an important role in defining financial capability. There is a unanimous consensus that a monthly income is an…
Details
Today’s post continues ĠEMMA’s discussion on a rainy day fund. How do you get started to build a rainy day fund? We suggest that you start putting a small amount of money each month – depending on what you earn kick off with something like €25 to €50 a month. We recommend that you set…
Details
If you have followed our ĠEMMA posts as well as webinars on the Pulse Money Management survey you will find that we speak of a rainy day fund. Before proceeding further, there are some who differentiate between an ‘emergency’ fund and a ‘rainy day fund’. The different between the two is that an emergency fund…
Details
Being self-employed definitely has its advantages – for one, you are your own boss. Yes you are also likely to face money management challenges. Here are some practical tips you may wish to consider: Start saving early and get into the habit of saving consistently over time. As a self-employed there will be times where…
Details
This Strategic Review document, 2020, is the third strategic review to be submitted to the House of Representatives, following the inclusion of Article 64B in the Social Security Act which establishes that the “Minister shall within intervals not exceeding the period of five years lay on the Table of the House a report reviewing the…
Details