Retirement / Savings & Investments

The reality of savings for South Africans

According to Deloitte’s South African Investment Management Outlook 2023, which compares South Africa’s savings rate with other countries, the country’s saving habits are far below average. This makes it more critical to drive awareness about savings amongst South Africans.

The resilient mindset, let us not fail to save

As we consider the importance of saving, whether for the short, medium or long term, and take into account the current economic impacts that have reduced our disposable income through the cycle of interest rate hikes, I have to ask myself are we failing to save due to the economic situation or are we really just not good savers, and if so, why.

11 ways to save like a billionaire

Where to save your savings – A practical look at the products available

South Africans are lucky to have a wide variety of savings and investment options available to achieve their diverse financial goals. This may be for long-term wealth creation, medium-term goals (like saving for a deposit on a house) or short-term emergency funds that need to be available immediately.