Gain Financial Freedom
One of the key steps to financial freedom is saving. Whether you’re planning on using a tax free savings account or a standard savings account, you won’t get far if you don’t start now. As the famous Chinese proverb states: “The best time to plant a tree was 20 years ago. The second best time is now.”
The earlier you start, the more you’ll benefit from it. Research has shown that the average South African doesn’t even have one full month’s salary saved up in their accounts. But what happens when you’re in an emergency, or you suddenly lose that source of income?
Having a savings plan in place will help you to better manage your finances and have an emergency fund in place. Be prepared for those rainy days when things just aren’t going your way.
With our savings plan you can start saving from as little as R25p/m. There are no lock-ins and no fees when you want access to your money. Benefit from compound interest and earn CPI + 1% on your money, you could even win R1000 in our monthly prize draw. Don't put off until tomorrow what you can start today!
Why Choose Meerkat for Savings?
Set your own goals, we’ll select the perfect savings vehicle, and track them using our tools.
Withdraw your money whenever you need it within an instant - no contracts!
No hidden fees or costs, save every cent you put in from as little as R25.
How can we help you? Everything you need to know to start saving and generate wealth and plan for financial emergencies.
Is there a minimum amount needed to be able to save?
You can start saving from as little as R25 per month.
Will I have to pay a fee to withdraw my funds?
There are no fees or penalties when you want access to your money.
What return can I expect on my money?
The Liquid Fund aims to pay CPI +1% which maintains the real value of the savings and beats
inflation. If the investments perform very poorly for a long period of time, then the Stokvel may pay a lower return, but that is not expected to be the norm.
Recent posts like this:
7 Bad money habits you need to break to achieve financial freedom
What happens if you can't afford a funeral in South Africa?
Debt Consolidation: A Guide to Managing Your Finances
Save to Win is like the lottery, except you can’t lose!
We’ve combined the habit of saving money with a chance to win cash prizes - the more you save with Meerkat, the more chances you earn to win! Even when you aren’t a winner, you’ve still grown your savings and are that much closer to reaching your goals.