National Savings Month often focuses on budgets, finding extra money to put away and the various savings vehicles available to us. But for many South Africans, the biggest obstacle isn’t knowing how or where to save, but rather, the small financial habits that quietly chip away at good intentions month after month. Also see: National Savings […]
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Every July, Savings Month encourages South Africans to put more money aside for the future. It’s an important message, but it also raises an uncomfortable question: how do you save when you’re simply trying to make ends meet? Also see: Smart online money-making ideas for young South Africans The latest available household savings data paints a […]
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South Africa marks National Savings Month in July. Among the many ways to save, stokvels can play a vital role in helping people pool resources and manage financial pressure. According to the National Stokvel Association of South Africa, there are around 800,000 of these community-based, deposit-taking clubs nationwide, with combined assets worth over R50 billion. More […]
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