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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

ACUHO-I SAC chooses Bloemfontein Campus to host its first colloquium
2014-06-17

Mark Seale, Pieter Kloppers and WP Wahl (Assistant Director: Residence Life - UFS)

The Association of College and University Housing Officers - International; Southern Africa Chapter (ACUHO-I SAC) hosted its very first colloquium at our Bloemfontein Campus on 13 June 2014.

The theme revolved around the question: In which ways can practitioners in student housing assist to create an environment that is conducive to student development and success?

Mark Seale (ACUHO-I SAC: President and Director of Residential and Catering Services at the University of Western Cape) and Pieter Kloppers (ACUHO-I SAC: Research and Development and Director: Centre for Student Communities at the Stellenbosch University) were among those who addressed attendees.

Kloppers is also the pioneer of the standing committee idea, gathering experts in different fields of university residences and housing. “When it comes to university residences and housing, there are people specialising in different fields,” says Kloppers. “The idea is therefor to get these specialists together.”

For residence heads at Kovsies this was a wonderful and insightful experience. Residence Head of Kayalami men’s residence, Abel Jordaan, tweeted the following while attending the conference: “Meeting celebs in the field of Housing and Res Life today. Pieter Kloppers is a rock star and Mark Seale is the Neymar* of this field!” 
 
*Neymar is a Brazilian soccer player who was the top goal scorer in the opening match of the 2014 World Cup against Croatia.

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