A pilot programme will commence with a series of four webinars from 5 November 2020, targeted at beneficiaries of the STAND Foundation. The topics to be covered culminated from a survey conducted with STAND Foundation beneficiaries who highlighted a need for training in both personal as well as business financial literacy. To achieve this, the ASISA Foundation developed a financial education programme suitable for artists, customising education content previously developed for its Saver Waya Waya Build Up as well as its Saver Waya Waya FLAME (Financial Literacy and Micro-Enterprise) programmes. 

Personal Financial Literacy 

• How to distinguish between needs and wants?
• How to create a budget to track income and expenses?
• What are the golden rules of savings and how they apply to you?
• Saving for emergencies
• The impact of interest on savings and loans?
• How to manage debt and creditors?
• How to plan for the future: Retirement annuity, medical aid, funeral cover and Life Insurance?
• How to structure and gain understanding of personal taxes?

Business Development Skills

• Value proposition
• Understanding your customers
• Marketing and Branding
• How to diversify your revenue stream
• Formulating business models
• Business budgets and cash flows
• How to raise funding or capital for your business
• How to get listed on supplier databases

Topics

• Personal money vs business money
• Formulating business models & customer segmentation 
• Marketing
• How to diverse revenue
• Business Cash Flow
• Tax

The STAND Foundation is an independent, registered not-for-profit foundation, with a vision to nurture, promote and celebrate contemporary South African dance and theatre, with members across South Africa who share a common focus.