Some crowdsourced ideas on how to save from young, savvy South Africans doing more to manage their money better.
Category - Saving
Investors in cash have had better real returns in the last two years than any time since the end of the credit crisis fallout in 2010.
An emergency fund is what will stop you going back into debt.
South African households appear to have a better handle on debt levels, but this could be at the expense of savings, especially for emergencies.
A few weeks ago, a young man asked me a very simple question: “If I got a R3 000 windfall should I use it to party, to buy sneakers or to save?”
Does it not seem a little odd that you don’t feel you can discuss your concerns about your finances with your trusted financial adviser?
We often complain that we don’t have enough money to save, but it is often the hassle of opening up a savings account and committing to the minimum investment amounts that is the major hurdle. This is especially true for the younger generation...
SNAPnSAVE is a cashback shopping app that puts money back into your wallet when you buy certain products – irrespective of where you shop.
Sue Torr, a Director at Crue Invest, has conceptualised the #just1thing campaign to show people how sacrificing something small, like a cup of coffee or manicure, can have a meaningful, positive effect on your bank balance.
For the last few days I have been trying out the Sanlam MNA NAM bracelet which is marketed as a fashion accessory that makes you think about money.
Liberty's new financial product, called “Stash”, is an innovative way to get tech-savvy people to start saving into a tax-free savings account.
Godfrey Mlaba has an ambitious goal: he wants to be able to leave his children a financial legacy that will provide for intergenerational wealth.