A workshop aimed at teaching domestic workers and gardeners financial literacy will be taking place at the Claremont Hall on 8 September.
The one-hour presentation will be in Xhosa, Afrikaans and English and will cover budgeting, savings, debt and the dangers of buying on credit.
Craig Torr, Director of Crue Invest, says it is an initiative to raise awareness and protect the less educated, because they are the ones being taken advantage of in the financial industry.
We tend to find the use of an analogy of a herd of cows works quite well. In the Xhosa culture, cows is the term used for interest. It is something which resonates very well with the audience.— Craig Torr, Director of Crue Invest
He also highlights education needed around reckless borrowing and the dangers of debt.
We also make them aware of the dangers of instant gratification— Craig Torr, Director of Crue Invest
This workshop is free. Interested candidates can call 021 530 8500 or email: firstname.lastname@example.org
Listen to the interview below: