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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

Alumni Voices heralds in festive season with Karl Jenkins production

2013-11-20

The Alumni Voices Chamber Choir, affiliated to the Alumni office of the University of the Free State, heralds in the festive season with a Christmas production with the Drakensberg Boys’ Choir.

Date: 23 and 24 November 2013
Time: 19:30 (23 November 2013)
16:00 (24 November 2013)
Venue: Odeion
Cost: R120

The production by the two choirs, under the direction of Leona Geldenhuys (Alumni Voices) and Johann van der Sandt (Drakensberg Boys’ Choir), is a compilation of new Christmas music by Karl Jenkins.

Two cycles, Stella Natalis, made up from new compositions, and Joy to the World, compiled from well-known traditional Christmas music, are combined in this production.

Stella Natalis (Star of Birth or Star of Origin) celebrates the different aspects of Christmas – Celebro – celebrations, Lullay – the sleeping child, Dona nobis pacem – message of peace, and Jubilate Deo – thanksgiving, forms part of the programme.

The part: JOY TO THE WORLD also includes traditional Christmas music. This fresh and vibrant arrangement of In dulci jubilo, Go Tell it on the Mountain, Silent Night, O Jesu so sweet, Son of Maria and The Virgin Mary had a Baby boy, all new arrangements by Karl Jenkins, promises to be an exciting experience.

This work, which conveys the Christmas message of peace, goodwill and compassion, as well as new beginnings, evokes a colour palette of sound filled with exciting musical inspiration.

The work was written for mixed choir, as well as for an optional choir suitable for children’s voices, trumpet soloist, keyboard, percussion and string ensemble.

The trumpet soloist is Paul Loeb van Zuilenburg, with Johan Cromhout as pianist. Members of the Free State Symphony Orchestra complete the picture.

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