Tag - Saving

Invest for income

By Simon Pearce, CEO Marriott Asset Management Saving is rather like trying to lose weight: it takes effort and willpower, and is entirely up to you. People often ask me how much of their annual income they should save. I tell them that 30% will see them through those latter years, while leaving a little extra for unexpected expenses. The response...

Starting a savings plan

“You always say that every cent is important so I want to start a savings plan. My pocket money is R400 a month and I want to save R200 to invest for the future.  I want to know how I should invest my money,” writes Amogelang who is 22 years old and currently studying. Keabetswe is a second-year university student who also wants to start investing...

How to maximize your first paycheque

A young person starting at their first job suddenly realizes that their first paycheque brings with it substantial power. But understanding this power, and how to wield it, is an extremely important lesson to learn. The power of money can create wealth and abundance but if used incorrectly, it can also bring financial destruction. Your first...