Financial literacy is essential to the growth & development of our Nation.
TAKE CONTROL OF YOUR FINANCES AND SAFEGUARD YOUR FUTURE
The National Consumer Financial Education Committee (NCFEC) has launched a monthly newsletter – Money Smart News, aimed at providing important information to help South Africans become better educated about their finances. The newsletter is part of the Money Smart Week South Africa (MSWSA) annual financial literacy initiative, which is scheduled to take place again in March 2021.
From learning about savings, pension funds, insurance and retirement policies to finding out how to earn compound interest and how to avoid being scammed, Money Smart Week will be educating South Africans about how to become smarter with their money.
Remember to sign up for our free monthly newsletter Money Smart News!
National Treasury Policy Document: A safer financial sector to serve South Africa better, 2011.
Has the ability to improve people’s financial wellbeing. However, an environment characterised by numerous and complex financial products and many financial challenges facing households demonstrates how important education is to financial inclusion.
Confidence, knowledge, information and access to make appropriate financial choices is a key aspect of consumer protection. Financial education plays a crucial role in the broader consumer protection environment.
The Financial Sector Conduct Authority (FSCA), formerly the FSB, is mandated to “provide, promote or otherwise support financial education, awareness and confidence regarding financial products, institutions and services”.
Money Smart Week 2020
MSWSA is based on the established Money Smart Week activity in Chicago. MSWSA 2020 will be the South African version with the support of our International counterparts.