Tag: #waystosave
What is the right time and where to invest in turbulent...
The stock market can be volatile, but it’s a market that many people will delve into at some point in their lives whether directly buying shares or through their employer retirement saving fund. I believe that investments should form a core part of any financial planning, even during uncertain times.
Savings top of mind in COVID-19 crisis: reducing insurance bills
As most household incomes shrink, Savings Month, this year coinciding with South Africa’s fifth month of COVID-19 lockdown, is placing monthly expenses, especially insurance bills, firmly in the spotlight. And it is not a kind light. It is critical that South Africans under stress use any extra time they may have in lockdown to sensibly review their insurance covers.
Sandwich generation: the rule of thumb when it comes to savings
July is savings month in South Africa. This is a month where national savings awareness campaigns are run to look at fostering a culture of savings for South Africans. Historically, post the Global Financial Crisis of 2007-2008, the South African household savings ratio (the income saved by households during a certain period of time), has also mostly remained in negative territory.
