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Department of Economics and Finance took hands with alumni students in writing a book

01 April 2021 | Story Dr Nitha Ramnath | Photo Supplied

Personal finance authors_web read more — Back: Dr Nico Keyser (editor), Dr Ivan van der Merwe. Front: Minette Weideman (Portfolio Manager at Levevis Investment and Consulting Services), Melanie Ferreira (Business Development Manager at Allan Gray), Dr Cecile Duvenhage (editor) and Lizelle Jansen van Rensburg (Lecturer). Dr Jesse de Beer (Lecturer at University of Namibia) was absent.

Two lecturers from the Department of Economics and Finance at the University of the Free State (UFS) teamed up with alumni – who were once students in their department – to write a book on personal finance. This book is the latest hands-on application of the theory in practice.

“From the book it is evident how our alumni – who once were learners – became educators and contributed to teaching and learning,” says Dr Cecile Duvenhage, Lecturer in the Department of Economics and Finance, about the book Personal Finance. The desire to write this book stems from previous studies done by Dr Duvenhage and Dr Nico Keyser, Senior Lecturer, on the financial literacy levels among young adults.

One such study was published in the Journal of Psychology in Africa (29(4):460-465). According to the study, young adults lack the basic understanding of financial aspects. Theory can be learned by heart, but the understanding and execution of well-informed financial decisions need to be addressed. Thus, the book was written in such a way that it is easy to understand, and with the aim of changing financial behaviour and attitude in a positive manner. The book provides useful websites and appendices for additional information and reading, and is aimed at the man on the street, researchers, and practitioners.

Acording to the authors, during the writing of the book in 2020, new challenges arose, including the dramatic impact of COVID-19 on the financial market, and these aspects were included during the final stages and editing of this book.

“Why personal finance? ‘Money makes the world go round’, the saying goes. Good financial decision making has a positive influence on overall well-being, allowing people to maximise their opportunities and lead more fulfilling lives. Personal finance teaches individuals financial skills so that they can manage their money better. The subject, Personal finance, is an interdisciplinary subject and encompasses many areas and core topics such as decision making, cash-flow management, savings, credit, debt, housing, and planning for the future.”

Personal Finance (first edition) was published by Van Schaik Publishers and has been available from leading bookshops since the end of December 2020. All chapters were critically reviewed by three (3) university lecturers and a qualified editorial panel.

News Archive

Odeion: Staff Events in November

2008-10-15

Sunday, 9 November 2008
Christmas Concert Picnic
Odeion Amphi Theatre
18:00

You are cordially invited to the Christmas Concert Picnic presented by students of the Department of Music. Bring your picnic basket and be part of Christmas sing alongs and music.

Admission is free! Invite your friends and family with and enjoy carols by candlelight under the stars!

For more information, contact Ninette Pretorius (051 – 401 2504).

Department of Music - Public Examination Recitals.

The Department of Music presents Public Examination Recitals in the form of concerts in the Odeion. You are cordially invited to these free events.

Admission to all concerts are free : Book your free ticket at Ninette Pretorius (051 – 401 2504).

Monday, 10 November 2008
19:30 - Chester Meyer (B.Mus.Hons. – Choral Directing)
with
Primary School Jim Fouché Choir
Aurum Men’s Choir
UFS Choir
Accompanists: Joanita Erasmus, Jo-retha Smit & Hans Potgieter

Programme:
Works by Bach, Eben, Temmingh, Lightfoot, Britz and Orff, amongs others, will be performed, including two arrangements by Corné van Pletzen and Chester Meyer.

Tuesday, 11 November 2008
18:00 - Braam van Tonder (B.Mus. – Trumpet)
with
Petro Engelbrecht (piano)

Programme:
Torelli – Sinfonia con tromba
Hummel – Trumpet concerto in E-flat major
Addison – Trumpet concerto
Hindemith – Sonata in B-flat major for trumpet and piano
Arban – Variations sur Norma von Bellini

Tuesday, 11 November 2008
19:30
- Andrea Hobson (B.Mus.Hons. – Euphonium)
with
Petro Engelbrecht (piano)

Programme:
Barat - Fantaisie in E flat
Horovitz - Euphonium concerto (Moderato & Adagio)
De Faye - Deux Danses (Danse Sacreé & Danse Profane)
Hidas - Euphoniada
Jacob - Fantasia
Goedicke - Concert Etude

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