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Building wealth: There's more to it than just a savings account - On the Money with Jarryd Neves - Vimarsana News

Building wealth: There's more to it than just a savings account - On the Money with Jarryd Neves

On the Money. Budding stock market investor Jarryd Neves, of BizNews, sends out an invitation to everyone who wants to ask questions about share investing – but is too embarrassed to ask. Write to [email protected] And tune in for his regular Monday column: On the Money Last week, I wrote about the importance of teaching kids the value of money. Naturally, it got me thinking about my financial journey and how I started saving. Like most kids, I had a piggy bank stuffed full of bronze coins. When it came time to count it, I was bitterly disappointed. All that time, all that patience – and...

Everybody loves a free lunch - On the Money with Jarryd Neves - Vimarsana News

Everybody loves a free lunch - On the Money with Jarryd Neves

On the Money. Budding stock market investor Jarryd Neves, of BizNews, sends out an invitation to everyone who wants to ask questions about share investing – but is too embarrassed to ask. Write to [email protected] And tune in for his regular Monday column: On the Money If you’ve been tuning in to the BizNews Power Hour – if not, you really should be – you will have undoubtedly come across numerous nuggets of wisdom, dropped by the knowledgeable and informed guests. One such guest was Candice Paine of PR Financial Services. Talking about tax-free savings and investments, Paine unpack...

Tax-free savings - the only 'free lunch' in the world of investing - Vimarsana News

Tax-free savings - the only 'free lunch' in the world of investing

Candice Paine, of PR Financial Services, explains the benefits of tax-free investments. ‘The longer you save, the bigger the tax saving’, says Paine. An individual can contribute a yearly amount of R36,000 – up to a lifetime maximum of R500,000. ‘As the money grows, all the returns on that investment are tax-free’. – Jarryd Neves Candice Paine on tax-free savings: Tax-free savings are open to everybody – even minors. The big benefit of it is that the longer you save, the bigger the tax saving in your tax-free account. What the government did – national treasury – I think itâ...