Latest News Archive

Please select Category, Year, and then Month to display items

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

Miss SA and Shimla’s Young Guns captain motivate Kovsie students

2014-04-09

Miss SA and Shimla’s Young Guns captain motivate Kovsie students
Photo: Sonia Small

Rolene Strauss, Stefan Janse van Rensburg and Shimla’s Young Guns team awarded certificates of excellence by Dean: Student Affairs.

On her ninth day as Miss South Africa, Rolene Strauss, a fourth-year medical student at the UFS, together with Stefan Janse van Rensburg, captain of the Shimla’s Young Guns who won the U/20 Varsity Cup title, addressed a group of male students.

Residents of the JBM men’s residence, as well as the Shimla Young Guns, were inspired and motivated by Rolene and Stefan.

“Kovsies is where I come from; this is why I am who I am today. One day I will call my autobiography, Life as a garden, because I see life as a big garden where we all grow as flowers. In the Kovsie garden we are flowers with our roots firmly anchored in Kovsie soil.

“I take from Kovsies the ability to adapt, to appreciate and to care. With these positive characteristics, people around me experience freedom, love and kindness,” Rolene said.

Stefan told the group of students that it is important to surround yourself with people who can lift you up, especially in difficult times.

Rudi Buys, Dean: Student Affairs at the UFS, presented Rolene, Stefan and the entire Young Guns team, together with their coach, Jaco Swanepoel, certificates in recognition of excellence.

Back

Economic and Management Sciences

Education

Health Sciences

The Humanities

Law

Natural and Agricultural Sciences

Theology and Religion

Open Distance Learning

Business School

We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept