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Managing Your Money To Work For You In Your Retirement Years

iAfrica 1 hour ago 4 min read Share with your network! With the increased cost of living, managing your money in your retirement years can be considered  a challenging exercise for many. In most cases, as a retiree, you only have the money you receive from your retirement package to stretch throughout the month which requires a shift in your money management approach. Running out of money d...
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Less than 6% of middle-income customers have sufficient emergency savings, says FNB

Why it’s important to have emergency savings, and how to do it 12 May 2021 - 10:04 Sponsored Starting with putting R50 or R100 towards your savings goal is a good way to get going as this money will grow over time. Image: 123RF/Lightfieldstudios Having savings on hand is one of the most effective ways of building financial resilience, and cope with any unexpected event or circumstance that life throws our way. Unfortunately, as Covid-19 and the national lockdown...
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South Africa's middle class is running out of money – here's how many will struggle to survive a financial emergency

South Africa’s middle class is running out of money – here’s how many will struggle to survive a financial emergency Subscribe The national lockdown revealed that very few South Africans have emergency savings on hand, which is why many struggled to make ends meet when the pandemic struck and had to make do with lower, or a complete a loss of income for a few months. FNB Retail chief executive Raj Makanjee says that the accepted best practice in becoming financially resilient is having em...
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