The key components of financial literacy

Financial literacy refers to a basic understanding of money and its four pillars: debt, budgeting, saving, and investing. It's knowing how to use the power of these foundations to create wealth over the course of one's life. 
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New Analysis: Why ABSA killed SA's 3rd largest unit trust?

Absa's Money Market Fund, which was SA's third-largest unit trust and was worth R800 million at the time of its closure, has sparked a lot of speculation. Following the Money Market Fund's closure, the big question is:

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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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