Creatives finish course

2015-12-15 06:00
Participants of a financial education course were awarded with certificates at a ceremony in Woodstock after they completed the eight-month training. PHOTO: TIYESE JERANJI

Participants of a financial education course were awarded with certificates at a ceremony in Woodstock after they completed the eight-month training. PHOTO: TIYESE JERANJI

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“I was an actress and made lots of money. My face was even on billboards overseas but all that money I blew away because of poor financial decisions and the reckless relationship I had with my money.”

These are the words of well-known actress Nomhle Mngxekeza, who was among 43 people who received certificates after completing an eight-month course on financial literacy which empowered them to handle their finances.

The award ceremony took place at the Double Tree Hotel in Woodstock. Partners like Senzo Hlophe, a portfolio manager at DG Murray, and Marlene le Roux, CEO of Artscape, attended the event.

Lithala Financial Education, in partnership with the Artscape Resource Centre, has been offering the financial wellness course called “Show Me The Money”. Classes take place at Artscape.

Participants are taught how to make the most of the money they have. Those who attend the course are taught about the credit bureau, loans, credibility and debt among other things so that they make informed decisions.

Mngxekeza says the training changed her life: “This training has taught me to connect with my money. I now know how to grow my money. I have learnt that I can live a debt-free life.

“I don’t have to stress as long as I handle my finances properly.”

Jackson Vuka, another participant, also says learning about financial wellness has been an eye-opener.

“What they taught me is that I’m in control of my money. Most people don’t know how to handle money, that’s why they end up in debt but all that can be avoided and how to avoid debts is what the training teaches us,” he says.

Sakhiwo Rala, co-founder of Lithala Finacial Edication, says this is the most needed training as many people handle money all the time but don’t know how to manage it.

“People don’t really need a lot of money, they just need to know how to handle it. Good financial education will enable people to live life to the fullest without debt. We saw it fit to make a meaningful contribution, especially to artists, and restore their dignity and respect. We started this to empower them to be their own employers,” he says.

V Those who want to attend financial wellness classes can call 021 839 2114.

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