South Africa is in the midst of a savings crisis – we simply don’t have enough money to last us in retirement. We are also R1.6 Trillion in debt. One of the best chances of addressing the situation is if industry players and professionals work together to give more people access to financial education. At the same time, consumers also need to become more vigilant and circumspect about how they manage and view their personal finances and their use of money. This has to be a combined, national effort, all round. (more…)
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