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We are usually advised by our parents to save as much money as possible and many of us either don’t believe in or commit to saving or don’t understand the benefits and this very often results in us leaving it up to the last minute, resulting in time and m
According to the Old Mutual Savings and Investment monitor, half of working metropolitan South African parents agree that saving for their child’s education is more important than saving towards their own retirement. Yet only a small percentage of these p
Finance Minister Pravin Gordhan said last week that a key constraint of the South African economy is the low levels of savings and hinted that the Treasury would be taking measures to boost confidence in savings mechanisms in months ahead.
With latest figures from the central bank indicating that South African household debt stands at 75% of disposable income, and an average of 6 000 South Africans applying for debt counseling every month, consumers are being urged to avoid the use of credi
The strongest deterrent against FSP compliance missteps is or should be: