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Stokvels and tax-free savings accounts - a closer look at how South Africans are saving money

Stokvels and tax-free savings accounts - a closer look at how South Africans are saving money
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

The struggle for financial literacy in South Africa con

Sonja De Bruyn, 10X Investments Chairman emphatically states: “We need to democratise access to financial products, savings and financial knowledge. This extends to people’s day-to-day understanding of the utilisation of savings and the use of their capital, so that over time it can lead to.

Women s Month: Five rules to boost your household fin

Women s Month: Five rules to boost your household fin
dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.

One year before retirement: here is your important checklist

One year before retirement: here is your important checklist Subscribe Even if you are looking forward to the end of your working life, the idea of retirement can be daunting. There is often an instinctive fear of moving into a stage of life where you may end up consuming your capital, as well as anxieties about a diminishing lifestyle. Like most challenges in life, preparation is key, says Asavela Gwele, client relationship associate at 10X Investments. Here, she outlines a pre-retirement checklist that will help you make sure you’re on track. Refine your budget Your financial situation will most likely change during retirement so it’s important to have a clear and defined budget. Before retirement, it was up to you to build a savings pot to fund the lifestyle you wanted in retirement. Once you retire, you will need to deal with what you have and adjust your lifestyle to what you can afford.

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