Financial management for employees

2015-05-06 09:28

THE KZN Financial Literacy Association (KZNFLA) is publishing the sixth edition of Know Your Money/Yazi Imali Yakho, an accessible bilingual manual to encourage good money practice among government employees, which is available in KwaZulu-Natal and Gauteng.

The publication was officially handed over by KZNFLA’s government employees focus group leader, Shekhar Mahabeer to Sanoosha Badhul of the Provincial Employee Wellness Practitioners Unit under the Office of the Premier at the KZNFLA annual general meeting in Durban.

The KZNFLA Association raises financial literacy among public servants, making financial management more accessible, less threatening and easier to understand.

The purpose is to improve the ability of government employees to manage their finances.

The sixth edition covers topics ranging from pension savings to financing a home, from money and emotions to medical aid, from banking jargon to debt management. The annual speech contest on finance, open to pupils currently completing Grade 11, is also discussed in the paper.

Independent journalists, writers, photographers and financial experts have provided high quality, educational and accessible material.

An electronic version of the publication will be available on the KZN and Gauteng Treasury websites as well as other provincial departments who have requested it.

KZNFLA operations manager Sipho Ntombela explained the rationale of printing and distributing such a high number of hard copies.

“Many employees do not have access to the Internet or even Intranet, and even when they do have access, it is unlikely they will read a publication on financial education during working hours.

The beauty of this product is that employees can take the copies home and share the information with their families.” - Supplied

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