Tag Archivessavings month

old mutual

Avoid the consequences of not saving

With July being Savings Month, South Africans are encouraged to think about how much they save and to re-evaluate their long-term financial goals. Scare tactics seldom work but the truth is that without adequate savings your future will look bleak, says John Manyike, head of Financial Education at Old Mutual. (more…)

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Use discipline to achieve your financial aspirations

You’ve been told to save money since you were young, but it seems the older you get the higher your expenses become and the harder it is to save even a small portion of your income. When your salary comes in every month, you have so many needs and wants to attend to that you […]

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Alfred Ramosedi 2

Unlock financial peace of mind with a budget

July is National Savings month and correct budgeting is the first step. Budgeting isn’t easy if you’re not earning much and even if you are, committing to a budget can be a daunting task. But however you feel about budgeting, it’s a key step to staying out of the red and knowing exactly where your […]

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Expert Concept

Practical advice for savings month

As economic turmoil continues to threaten household incomes, Alexander Forbes Financial Planning Consultants recommends the following practical tips to increase your savings: A LA CARTE Everyone loves a good splurge now and again. With rising debt levels in South Africa, consumers are consistently being encouraged to watch their credit purchases. This is practical advice because […]

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savetodayf

Save and invest today – and own tomorrow

Despite numerous initiatives aimed at encouraging South Africans to save, consumers still fail to save enough during their working years to enable them to maintain their living standards during retirement. Leon Campher, CEO of the Association for Savings and Investment South Africa (ASISA), blames this on an inability by South Africans to distinguish between needs […]

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smartmoneyusef

Cutting costs is not enough – you need to put your money to work

Reducing your day-to-day living expenses in an attempt to save is a futile exercise unless you actually put the saved amount to work, either by reducing debt or by investing this money. Niel Fourie, Public Policy Actuary at the Actuarial Society of South Africa, says the relentless increase in the cost of living and the […]

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Three golden rules for saving

In July, a month where attention to savings is given on a national scale, a lot is said about savings; from how to spend less in order to free up money to save, how best to identify your financial goals or how to invest wisely. The many savings comments and advice given over this time […]

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doitnowjul14

No more excuses in Savings Month

The list of excuses we can come up with for not saving are endless, but who are we kidding? We are not making these excuses to get ourselves off the hook for an indiscretion. There is no teacher, boss or official standing over us with an ugly consequence at the end of a stick. The […]

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