One Rand Man seeing his budget like never before
21 July 2014
Why are South Africans such poor savers? Why do we never seem to have enough money to see us through the month, and spend more than we earn? Two weeks into a social experiment by Sanlam for National Savings Month to take a deeper look at our relationship with money, the One Rand Man is finding out. Living on only R1 coins for the entire month, the 32-year-old Cape Town-based architectural consultant is realising that in our modern, card-based society, we have lost our connection with our money and we no longer feel the implications of our spending.