What is a loan? A loan is an arrangement under which a lender allows another party the use of funds in exchange for an interest payment and the return of the funds at the end of the lending arrangement. Generally when we speak about a loan we are referring to a sum of money that…
Malta, like several other nations, is facing challenges posed by an aging population. As the proportion of elderly citizens continues to rise, the burden on the state pension system has increased significantly. At the same time, the low pension income may fall short of providing retirees with a comfortable standard of living. This combination of…
The first thing to tackle is… What is a budget? Why is it important? It is a plan for managing your money and helps you plan for the future. Want to make the most of your money Don’t know where your money is going Don’t save money regularly Have problems paying your bills or debts…
The second edition of the Ġemma newsletter is now online. We encourage you to click on the image below to read the latest edition.
If you have a glass jar and fresh water, you can grow herbs right on your windowsill! You can keep your jam jars or sauce jars for this. If you don’t have any, you can buy some cheap decorative glass jars. You can start new herb plants by taking cuttings from existing plants and putting…
Health and budgeting go hand in hand. In this article we shall discuss how you can adopt a healthy diet while keeping to your budgetary plans. A little research, a plan, and some storage essentials can go a long way to ensure you are supporting your health and budget plans through a healthy and sustainable…
Some of Malta’s best and brightest young minds put their financial skills to test in the second Financial Literacy Quiz recently organised by ĠEMMA and the HSBC Malta Foundation. The event was open to students in Years 7 and 8 and saw the participation of students from International Independent Boarding School, St Martin’s College, St…
Do you have a start-up, are you self-employed or self-occupied, an entrepreneur starting on your own business or someone thinking of becoming self-employed? ĠEMMA, the Malta Tax and Customs Administration, HSBC Malta Foundation and EY have all teamed up to offer you a free, online Business Masterclass composed of an number of interesting and very…
Aktarx, l-aktar ħaġa popolari llum wara karozza u ċellulari sar is-safar. Le ma nsejtx ix-xiri ta’ dar, iżda din kienet prijorità fil-ġenerazzjonijiet ta’ deċenji ilu. Fejn li jkollok darek kienet tfisser pride, sigurtà, impenn, il-vetrina li tirrappreżenta ħajjitna. Illum l-importanti għal bniedem sar hu (innifsu) u li jgħix il-mument. “Għada min rah!”… Iżda għal min…
Life Insurance companies generally offer two types of investment vehicles. These are called with profits investments and unit linked investments. But what are the main differences between these two? With Profits A with profits investment is generally a capital guaranteed investment and builds its value from annual bonuses paid by the insurance company. These bonuses…
