People earning up to R20 000 spend 60% of their salaries paying off arrears, a recent report reveals
You CAN save money if you just know how
Finance houses have moved quickly to offer tax-free products made possible by the minister.
Most of their income is spent on transport and food, but formal and informal saving is a priority.
Comment by the media and communications manager at The Banking Association South Africa.
Comment by the managing director of the Mass Foundation Cluster at Old Mutual.
Comment by the product marketing actuary at Old Mutual.
Comment by the executive chairperson of the National Youth Development Agency.
The “next generation” requires an urgent shift in behaviour and attitude towards long term savings.
Comment by chief director of financial investments and savings at the National Treasury.
Looking at the ways to motivate the youth to break the negative savings cycle in South Africa.
There is another side to the picture usually painted about how South Africans save.
Many South Africans struggle to balance the high cost of living with the urge to save for their futures.
In May this year, social networking company Facebook held its initial public offering – considered the biggest in internet history.
Financial experts believe that savings is a mindset that, once instilled, will see people put away more of their hard-earned money for retirement etc.
South Africa has the unfortunate distinction of being one of the world’s most economically unequal countries.
All the useless stuff our kids spend their money on is really where it all starts.
Is it worth taking out life insurance or should I be investing my money into property?
The most perilous financial mistake you can make is to neglect to start saving for retirement as early as possible.
Sanlam’s "National Start Something Day" is all about overcoming apathy and planning for success.
View getting out of debt as a step towards saving, not just a goal in itself. This will help you break the "never get out of debt" cycle.
Where can I go to compare interest rates?
Our readers have been doing their homework.
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/ 16 December 2010
Two readers want to start saving but don’t know where to begin.
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/ 8 November 2010
Financial coach Linda Smith explains why goal-setting is critical — whether you’re saving, dreaming big or just planning your next step.
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/ 19 October 2010
If you are prepared to lock your money away for two years, government retail bonds are an excellent way to save.
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/ 28 September 2010
Aspirations and dreams are not only good for your finances, they also reduce stress.
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/ 9 September 2010
How you could have paid off your home in eight years by taking advantage of rate cuts.
For the last eight years I have invested R200 a month into Satrix 40, the latest statement shows that the investment is worth R35 200.