New Resource: ĠEMMA My Net Worth Calculator

The ĠEMMA team has uploaded a new calculator – the ‘ĠEMMA My Net Worth Calculator’ Net worth is a relatively quick and easy calculation to make, and it’s a valuable way to track your financial progress and see if you’re really getting ahead. So what is net worth and how do you work out your…

COVID-19 AND YOUR MONEY MANAGEMENT: POST 9

How to stay safe from scams during COVID-19 This article is posted by Tom Harman on New Zealand’s Sort-It.  It is being presented on the ĠEMMA portal.  The original article is to be found here:  https://sorted.org.nz/must-reads/how-to-stay-safe-from-scams-during-covid-19/ If there’s one way that scammers are predictable, it’s that they will take advantage of people whenever they can.…

COVID-19 AND YOUR MONEY MANAGEMENT: POST 8

To download the guidebook, please click here. We are living in game changing times.  Some are bearing the brunt of COVID-19 more than others.  Yet all of us are affected in a way that will scar us for the rest of our lives.  Whilst health is foremost on our mind, next top on our priorities…

MFSA Product Comparison

Step 1 – First choose the product or service that you are interested in.Go Step 2 – I wish to look at Fixed Term Deposits. Click on Fixed Term Deposits and the following screen comes up.Go Step 3 – Click on banks you wish to compare. In this case the data base allows you to…

Moratorium on Loans and other Credit Facilities

You are to note that the government has issued instructions that loans / credit (capital) and interest payable is suspended for 6 months.  This moratorium applied on credit facilities provided by credit and financial institutions is to support persons who have been materially effected by the COVID-19 outbreak. The moritorum applies to: Non-financial corporations Micro,…

COVID-19 – Medical Benefit

Eligibility criteria – Persons employed in the Maltese private sector  on a full-time  or part-time basis, who after the 27th March 2020, due to the impact of Covid-19 are  neither allowed to commute to work nor work remotely  as instructed   by the Superintendent of Public Health of Malta  to stay safe at  home, are not…

COVID-19 – Person with Disability Benefit

Eligibility criteria – Persons with disability **, employed in the private sector, full-time or part-time, who, as of 8th March 2020, due to the impact of COVID-19, cannot go to work on medical advice and are not able to work from home. Registered with Jobsplus as a person with disability ** ** You have a…

COVID-19 – Parent Benefit

Eligibility criteria – Parents employed in the private sector, with children under 16 years of age, who, as of 8th March 2020, due to the impact of COVID-19, are not able to work from home, cannot go to work to take care of their children.   (Does not include employees, working with private companies, and…

COVID-19 and Your Money Management: Post 7

Whether you are self-employed or a company the Government is providing financial support – the level of which depends according to the sector you operate in. This is explained in the Table below. Critically Hit Business Sectors These are: Certain wholesale activities Certain retail activities Accommodation Food and beverage service activities Rental and leasing of…