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01 April 2021 | Story Dr Nitha Ramnath | Photo Supplied
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

More than 800 students graduate at the UFS
2010-09-14

The University of the Free State (UFS) will confer 881 degrees and diplomas during its Spring graduation and diploma ceremonies that will be held in the Callie Human Centre on the Main Campus.

The various graduation ceremonies will take place on Wednesday, 15 and Thursday, 16 September 2010.

The UFS will award 566 degrees, 41 doctorates and 274 diplomas. Two honorary doctorates will also be conferred on Prof. Kalie Strydom and Dr Monty Jones.

For more than two decades Prof. Strydom has been associated with excellence in educational research, especially in the field of higher education. Dr Jones is the Executive Director of FARA (Forum for Agricultural Research in Africa). He is a Sierra Leonean and has spent the last 32 years of his career in Africa working in international agricultural research for development institutions.

The full programme is as follows:

  • Wednesday, 15 September 2010:

    -At 14:30 266 students from the Faculties of the Humanities, Health Sciences, Education, Law and Theology will receive their degrees and 20 doctorates will be conferred. On the same day Prof. Strydom will receive an honorary doctorate and Mrs Alida Maria Dippenaar a Chancellor’s Medal. She was during her career one of the pioneer senior female managers and a member of the Executive Management and the Senate at the UFS.
  • Thursday, 16 September 2010:

    - 08:30: 300 degrees and 21 doctorates will be awarded in the Faculties of Economic and Management Sciences and Natural and Agricultural Sciences. Dr Jones will also receive an honorary doctorate on the same day.

- 14:30: 274 diplomas will be conferred on students from all faculties.

Media Release
Issued by: Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt@ufs.ac.za  
14 September 2010

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