Head of FNB Premium

Practical ways to teach your kids how to manage money

Practical ways to teach your kids how to manage money

Staff Writer In the digital age, parents cannot afford to neglect the crucial responsibility of teaching their kids about managing money. Alna Booysen, Head of FNB Premium says whether it's a billboard on the way to school, lifestyle images in a magazine or social media images of their favourite celebrity or idol - children can access information which may give them a misguided view of how money is 'easily' earned and how it should be used. "Once a child has pre-conceived ideas of how money management supposedly works, it may be difficult for parents to entrench their preferred principles. Hence,…
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Coping with financial anxiety during COVID-19

Coping with financial anxiety during COVID-19

Staff Writer The pandemic has led to many people struggling with financial anxiety and high stress levels due to mounting expenses, reduced household income and job uncertainty. “Finances can evoke a strong emotional response, which may impact your self-esteem, sleeping patterns, productivity and overall mental wellbeing. It can also impact partner and family relationships, so it’s important to manage financial anxiety and get appropriate support” says Alna Booysen, Head of FNB Premium. Here are ways to help you deal with financial anxiety: 1. Set aside time to reflect on your financial situation and find possible solutions. 2. Remember that your…
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