Home - Programmes - Personal Growth and Wellbeing

Money Sense

It has been estimated that a company loses two out of twenty days in production for every employee who suffers from financial problems. This is due to either physical absenteeism or mental absenteeism.  (Andrew Sykes, People Dynamics, August 2001.) 

Making ends meet, especially on a limited income, is not easy. Thinking that the answer lies simply in earning more, is also a fallacy, as financial problems are not limited to people on the lower salary scales.

Financial problems affect virtually every facet of the lives of people who experience them. It can cause relationships to crumble, lead to feelings of guilt and hopelessness, cause stress-related illnesses and ailments and can also increase substance abuse.

Many employees who struggle to meet their financial commitments become the victims of loan sharks and get trapped in a cycle of debt. Others turn to casinos and the lottery in a desperate bid to find the pot of gold at the end of the rainbow. They spend an increasing percentage of their disposable income on these futile attempts to solve their financial problems instantly.

Money Sense is designed to effectively empower people to take ownership of their personal finances by:

  • Creating a positive and responsible attitude towards money
  • Providing practical knowledge as a foundation for informed decision, and
  • Building essential skills to handle money effectively.

Expected outcomes

Learners will:

  • Feel less helpless and more in control
  • Experience less stress and display a more positive attitude
  • Plan proactively to reach their long- and short-term goals.

The organisation will experience:

  • Energy previously being spent on financial pressures now being focused on work
  • A decrease in the requests for loans
  • A drop in absenteeism
  • Lower risk of theft and fraud
  • Higher productivity.

Target group

All employees from ABET 1 to NQF 7 level.

Versions

The course is available in three versions to cater for the different learning needs and capabilities of learners from different levels.

Benefits

Treatment of the cause, not the symptoms:  Money Sense not only provides essential knowledge and skills about money, but also addresses the underlying values and attitudes toward money and possessions that shape spending patterns.

Accessibility: The course is available in English, Afrikaans, Zulu, and Xhosa. Translations in other languages will be done on request.

Alignment to the NQF: The course is aligned to unit standard 243189 (Plan and manage personal finances) on NQF1 and has 8 credits.

Duration

Two days.

Group size 

A maximum of 20 learners per workshop to ensure individual attention.

application/pdf iconMoney Sense July 2011.pdf
  • Share


Impact

Client Feedback

“The Money Sense workshop was the most successful of our numerous wellness campaigns for the year. Not only was it well received, but the Exec can clearly see the benefit derived from the money they approved for the workshops.”
Elsabe van der Nest, Manager: Total Rewards, Santam 

"After extensive market research we decided to use Money Sense as our financial education programme. The response of the participants was overwhelmingly positive. Not only did they find the program informative, but they also indicated that they were now much better equipped to plan their finances and that they are eager to now draw up a personal budget and live by it from month to month."
Christo Bester, Head Remuneration& Benefits, Sanlam

“Money Sense helped to dramatically reduce our employee debt in Woolworths Financial Services.”
Anita Cupido, Training Manager, Woolworths Financial Services
 
“The way in which the course has been compiled makes it special. It is relevant, stimulating and very practical. From the excellent feedback we received from the participants it is clear that Money Sense touches people in a deep and meaningful way and it is a privilege to be involved in this process”. 
Juanita Koortz,  HR Coordinator, Eskom Distribution, Bloemfontein 

"I am very satisfied. We used to see the sheriff almost every week; now he hardly comes here because the people who have attended Money Sense have been equipped to deal with their financial problems in an effective manner.”
Unita Bott, HR Manager, SASKO Aliwal North