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Category Life Insurance

Savings Month Interview: The Power of Compound Interest

17 July 2019 Liberty

The fact that South Africans are already strapped for cash by the middle of the month is possibly a microcosm of a greater challenge, their ability to save. It has therefore become more pertinent for us to elevate the conversation during Savings Month as a way of tackling this challenge.

“The earlier you get into the habit of saving and investing, the bigger the long term results.” – Carlo Gill, Liberty Financial Adviser.

Below and attached here is a visual reference on the topic.

 

Quick Polls

QUESTION

In its current format, what will the future of medical schemes be in an industry run by the NHI?

ANSWER

I just can’t see it (NHI) happening
There is a real risk of our already fragile healthcare system being placed under even further pressure leading to a total collapse
Medical schemes will struggle to remain in existence if NHI does happen; there isn’t enough money in the system
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