FINANCIAL LITERACY Make good financial decisions every day Learn and apply financial skills including personal, financial management, budgeting and investing. In support of Money Smart Week 2023 | 28 August – 3 September 2023. Absa | Corporate and Investment Banking > Insights and Events > Financial Literacy The Absa CIB financial literacy drive Absa CIB are committed to enabling and empowering financial skills and knowledge at a grass roots level, ensuring that the communities in which we operate are equipped with the resources required to make good decisions about personal financial management, budgeting and investing. That’s why we have partnered with leading youth empowerment and consumer financial education initiatives to bring financial education literacy awareness and education to those who need it the most. Related articles MONEY SCHOOL Understanding Banks and the services they offer Money School: Intro to investment with Trevonica Naidoo MONEY SCHOOL The importance of a personal Financial Plan Money School: Intro to investment with Vuyo Nogantshi MONEY SCHOOL Understanding how fuel prices are calculated Money School: Intro to investment with Miyelani Maluleke MONEY SCHOOL Understanding Foreign Exchange Money School: Intro to investment with Chris Paizis INFLATION Become more educated about your finances | Inflation Inflation is the overall rise in the prices of all the goods and services that you buy as a consumer. The inflation rate is the annual percentage change in the weighted average price level, which we call the consumer price index, or CPI. PERSONAL FINANCIAL PLANNING Become more educated about your finances | Personal Financial Planning While you need money to achieve your financial goals, you also need a personal financial plan to make them a reality. Your personal financial plan is the roadmap you need to help you achieve your financial goals. FOREIGN EXCHANGE Become more educated about your finances | Foreign Exchange Foreign exchange is the act of trading or selling one currency for another. The exchange rate is used to determine how much it will cost you to buy one unit of currency. Chris Paizis from Absa Corporate and Investment Banking unpacks Foreign Exchange breaking down what you need to know about buying and selling currencies. TAX Become more educated about your finances | Tax Lisa Kahanovitz from Absa Corporate and Investment Banking shares the importance of paying tax and explains how the government uses tax revenue to provide services and cater to the needs of the citizens and residents in the country. Financial literacy empowers, enables and uplifts our society As a leading financial institution, Absa is committed to the sustainable transformation of our economy through our policies and activities Visit our citizenship page to learn more about the impact we are committed to making in South Africa. Learn more https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3