Teaching your child to save from a young age can set them up for a great financial future. Saving money is a difficult task to learn, some adults have yet to master it. This means that teaching your children how to save is of great importance.

Here are some simple tips on how to teach your children how to save for their futures.

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What are your debt-relieving options?

One of the most popular searches in Google when it comes to an individual’s financial situation is 'how do I pay off my debt?'  It is no surprise when over 8 million of credit-active consumers in South Africa are over-indebted.  This means that each month they are struggling to keep up with their debt repayments and balances are spiralling out of control.

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Thinking about debt review? Do you qualify?

You can apply for Debt review if you have a regular monthly income, are deemed as over-indebted and  have no legal action pending.

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Keep up to date with your debt review payments 

We all know that the holiday season usually means spending more money than usual, but it’s very important that you don’t lose track of your end goal of being financially stable and debt-free. At the end of the season, you still want to ensure you have a firm hold on your finances and continue your debt-free journey. After all, being in control of your finances is one of the best gifts you can give yourself and the ones you love.

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A lower Rand is a reason of real concern as it hits us right in the pocket.

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Consumers affected by debt

Last week we saw the petrol price increase to above R16 per litre for the first time in South Africa – the biggest fuel hike in our country’s history. The Automobile Association also noted that toll fees have risen between 6% and 7%.

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