This is the third video we produced with the Central Bank of Malta in our budgeting series. Lovely day. After weeks locked in because of COVID-19 I decided to go with Maria, my wife, to the countryside for a long warm walk and follow this with a lovely lunch next to the sea. On my…
In March 2020, ĠEMMA launched a series of six surveys to understand household money management behaviour within the context of COVID-19. The 6th survey in the series was held in March 2021. Click here to download the 6th ĠEMMA Pulse survey on Household Money Management On Thursday 29th ĠEMMA held a Webinar on this survey.…
So – you have managed to save a tidy amount to complement your social security pension income. How do you intend to dip into your pensions? How long will your savings last you? This calculator helps you plan how you will deaccumulate your savings. The My ĠEMMA Savings Withdrawal Calculator is organised in three sections.…
https://www.youtube.com/watch?v=HN52cDT8RoI
Reducing Your Credit Card Debt Credit cards usually have high interest rates. There are several ways you can reduce the cost of your credit card. First and foremost use debit cards since debit cards draw money directly from your checking account when you make the purchase. Pay More than the Minimum Repayment Paying the minimum…
Start now. Do not wait. Time is critical. Start small, if necessary. Money may be tight, but even small amounts suffice as they accumulate and compound over time. On receipt of your pay cheque or the Direct Debiting of your salary put aside the money you are saving for your retirement nest egg first. Have…
