Retirement / Savings & Investments

Compound Interest and The Rule of 72

The 3 biggest roadblocks to effective savings in South Africa

Historically, South Africans have been poor savers. However, the onset of the pandemic, coupled with a historical economic downturn has placed the importance of saving under the spotlight. And for some South Africans, this reality hit home.

The wonders of a windfall

It’s hard to believe that the end of another year is already upon us. Under “normal” circumstances, December would be a time when many of us would be looking forward to receiving an annual bonus. However, the reality is that some companies have struggled over the past 12 months and may not be in a position to pay their staff something extra at the end of the year.

Should you revenge spend on travel this holiday season?