INSIDE YOUR POCKET: Metropolitan helps instill a culture of saving within Mzansi
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INSIDE YOUR POCKET - Metropolitan helps instill a culture of saving within Mzansi by changing the traditional savings approach.
Saving money towards the achievement of a financial goal, retirement or simply to have access to funds during an emergency is universally accepted as something wise and worthwhile. And yet, most South Africans do not save. In fact, in this current economic climate, many South Africans have little funds left once they pay the bills, and other non-negotiables such as rent, food and their children’s school fees.
The truth is saving is hard, and the common savings advice that we get from experts may seem unobtainable at times. For example, start saving from as little as R5 a day or how you should save 10% of your salary each month. This is great advice, however, practically applying it in your life is impossible, especially if you’re doing it alone.
Saving money towards the achievement of a financial goal, retirement or simply to have access to funds during an emergency is universally accepted as something wise and worthwhile. And yet, most South Africans do not save. In fact, in this current economic climate, many South Africans have little funds left once they pay the bills, and other non-negotiables such as rent, food and their children’s school fees.
The truth is saving is hard, and the common savings advice that we get from experts may seem unobtainable at times. For example, start saving from as little as R5 a day or how you should save 10% of your salary each month. This is great advice, however, practically applying it in your life is impossible, especially if you’re doing it alone.