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Impulse buys can mean you waste a lot of money. What are Arabile’s tips on avoiding this?CorrectIncorrect
Saving in a stokvel can be a good solution, giving you group support and motivation as well as being able to use group solutions.
What is the one thing Gerald says you must ensure when joining a stokvel?CorrectIncorrect
How do you speak the language of money? Understand the numbers and manage them.
After all, the numbers don’t lie! If you’re not talking to your money, it’s not talking back to you.
What are some of the things you should do to avoid money pitfalls?CorrectIncorrect
If you are retrenched, Gerald’s advice is to adjust your lifestyle, but don’t stop living.
What are some things you should do if you’re retrenched?CorrectIncorrect
Tax free savings accounts are an important part of your savings plan. You can open these for children from birth. There are different tax free products to suit your risk appetite, investment terms and goals.
What is the maximum per annum and per life that you can invest in a tax free savings account?CorrectIncorrect
As Gerald says, money and time are friends.
If you saved R3,000 per month with a 10% return from age 35, you would have R5,9 million by age 65.
What would you have at age 65 if you started saving R3,000 ten years earlier (age 25)?CorrectIncorrect