Story

By Motsoeneng Keneuwe
Sanlam
On the 25th of June, the Department of Education and Wellness Programme hosted us in Bloemfontein for Workplace Sanlam Financial Literacy Training, the modules done are Budgeting as well as Saving and Investing. The participants are full time, Contracts and internship employees. Some do their budget however the environment has a very big impact on people’s lifestyle and standards of living. The income is enough for majority of them however the spending habits flags more unnecessary costs therefore we discussed how one can cut on unnecessary costs and boost their income so that they are able to save a certain percentage monthly. The second module was all about savings and investing, we discussed different types of savings and investments accounts and how each has it’s own interest rate as well as how they differ according to Financial service providers. On that note, many questions came related to a specific investment which is investing and buying shares through easy equities more over what could be the way forward if they find other options of investing with better benefits we then discussed the period of stock and shares exchange. The session was productive and everything was well organised.