Every July, National Savings Month reminds South Africans of the importance of saving, but with rising costs, is saving alone enough? Discover the financial realities and solutions for households struggling to save.
Every July, National Savings Month encourages South Africans to put money aside for the future. It is an important reminder.
Financial experts consistently tell us that building an emergency fund is one of the best ways to strengthen our financial resilience and prepare for life's inevitable setbacks.
However, it is also becoming increasingly difficult advice to follow. For millions of South Africans, the challenge is not understanding the importance of saving. It is finding money left over at the end of the month to save at all.
Households continue to face relentless financial pressure.
