Money Smart Week South Africa (MSWSA) is here. The financial literacy initiative of the National Consumer Financial Education Committee (NCFEC), aims to motivate and empower South Africans to become better educated about their finances.
MSWSA 2021 is taking place between the 22 and 28 March 2021 and will consist of a host of online events throughout the week, all of which will be live streamed on https://www.mswsa.co.za for the duration of Money Smart Week. Some of the topics to be unpacked throughout the week includes building resilient businesses, being aware of scams and fraud, unclaimed pension funds, responsible use of credit, the importance of retirement and funeral planning, how to budget and why you need to draft a will.
In addition to the week-long digital campaign, there will also be a host of educational interviews and features across community and regional radio stations countrywide, as well as some small physical events countrywide, to ensure that these important learnings can reach as many South Africans as possible.
“The low savings culture and the failure to service debt, together with a decline in disposable income, and the financial impact of the pandemic, makes a campaign such as MSWSA 2021 even more vital to improve the ability of consumers to make sound and informed financial decisions. After all, one financially literate person in a home can influence an entire generation,” according to the FSCA.