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Tag: National Savings Month

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Savings: what happens when reality thwarts the best intentions

You can’t save your way out of a debt problem National Savings Month encourages South Africans to develop healthier saving habits and build greater financial resilience. The initiative is important, but much of the advice assumes consumers have money to save – something that doesn’t reflect the financial reality facing many households. Research[1] , [2] …

BySpice4Life NewsJuly 20, 20260Comments

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National Savings Month: Choose the right stokvel to maximise your savings

South Africa marks National Savings Month in July. Among the many ways to save, stokvels can play a vital role in helping people pool resources and manage financial pressure. According to the National Stokvel Association of South Africa, there are around 800,000 of these community-based, deposit-taking clubs nationwide, with combined assets worth over R50 billion.…

BySpice4Life NewsJuly 7, 20260Comments

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July is National Savings Month: Prescient Foundation marks 20 years by helping learners build a savings mindset – One Rand at a time

As South Africa marks National Savings Month, the Prescient Foundation is celebrating its 20th anniversary by deepening its investment in youth empowerment through financial literacy, reaching 500 Grade 10 learners from four Durban schools through Project One Rand. The Prescient Foundation supports initiatives within the communities they operate and have partnered with the School of…

BySpice4Life NewsJuly 4, 20250Comments

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National Savings Month: 4 places in your life where you can cut costs

The majority of South Africans are struggling to make ends meet as a result of the country's rising cost of living. The majority of citizens have had a challenging year due to a cascade of negative events, such as rising fuel prices and interest rate hikes. Inflation necessitates that South Africans reduce costs wherever possible.…

BySpice4Life NewsJuly 7, 20230Comments

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NATIONAL SAVINGS MONTH: HOW TO SAVE MONEY AS LIVING COSTS GO UP

While July is designated as South Africa's national savings month, many may question the viability of saving given the rising cost of living, inflation, persistent loadshedding, and rising petrol prices. Many South Africans are concerned about making it through the month. There are, however, little measures that may be taken to save money. In this…

BySpice4Life NewsJuly 15, 20220Comments

Tag: National Savings Month

Savings: what happens when reality thwarts the best intentions

National Savings Month: Choose the right stokvel to maximise your savings

July is National Savings Month: Prescient Foundation marks 20 years by helping learners build a savings mindset – One Rand at a time

National Savings Month: 4 places in your life where you can cut costs

NATIONAL SAVINGS MONTH: HOW TO SAVE MONEY AS LIVING COSTS GO UP

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