The organisation is offering tips that can be implemented in January, to help improve financial well-being for the year ahead. Prabashini Moodley reports ……
Now, in Janu-worry after all the festive season spending, the South African Savings Institute says, smart financial planning now can mean less stress in the year ahead. SASI Acting CEO Gerald Mwandiambia says with motivation levels high in January, it’s a great time to set in motion a savings plan for the year.
Mwandiambia says discipline is a cornerstone of a healthy savings culture. By activating stop orders and joining stokvel movement savings will become a monthly bill that needs to be paid. He details the most effective ways to meet your financial commitments and save at the same time. It’s that time of year when families are facing large annual expenses that many have not prepared for. These include school fees and uniforms. Mwandiambia is encouraging South Africans to look outside the box and make 2022 the year that they increase their savings with an additional income.
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SASI is talking nonsense, how can you save what you don't have? Stupidity at its best