Middle income households survive on 20 percent of their salary: Study - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 5/18/2022 9:10 AM
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A study by First National Bank estimated that middle-income consumers, earning between R180 000 and R500 000 per annum, survive on 20 percent of their monthly salary for more than 20 days in a month.

Customers are seen withdrawing money from FNB and Nedbank ATMs. [File image]

The study suggests that the average middle-income consumer, earning between R180 000 and R500 000 per annum, survives on 20 percent of their monthly salary for more than 20 days in a month.

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Mine takes 3 days to reach 90%, l survive the 20 days ngomuthandazo ngoba my bank balance will be at 500rands after 4 days...

Government give us 50% of our pension please we want to settle debts

But whats the point of collecting these stats when there is literally nothing that is going to be done🤔 Or its a 'nice' to know kinda thang💁🏾‍♂️💁🏾‍♂️💁🏾‍♂️

I am super excited right now, I can now pay my bills and take good care of my family.. Thank you for bringing happiness to my home with just $5000 i got $50,000 in 7days Williamchurch07

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