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It’s arguably one of the worst moments in anybody’s life. Retrenchment is just plain unpleasant, regardless of how much your company or organisation has tried to support you or minimise the emotional blow.
With lockdown under way in South Africa and extra time with your children, grab this opportunity to spend some of the time teaching your children about money.
If Covid-19 has taught us anything, it’s that we need to be prepared, even for the unthinkable. As technology further shapes financial services (some may say how it currently stands was unthinkable some years ago), it’s one area where we can prepare, while adapting to managing risks before they happen.
With the economy taking a hammering and sharp price increases on everything from petrol, food and basic commodities like water and electricity, there is no more crucial time to take the bull by the horns and save on costs by working smarter with your money and reducing unnecessary risks.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?