Sanlam Indie's creative director shares how you can take control of your saving and spending
With the price of petrol fluctuating monthly, these tips can help you get the most out of your bank for your tank.Busy roads and potholes are enough to drive first-time motorists mad, but there's nothing like a petrol price hike to test your sanity.has announced a 24c/l decrease in the retail price of 93 ULP and a 17c/l drop for 95 ULP, while the price of illuminating paraffin decreases by 4c/l.
“The increase to diesel though, means input costs in, among other sectors, agriculture and manufacturing, are also likely to increase, which may result in higher prices for consumers,” said the Automobile Association of South Africa . With these factors impacting consumers' pockets, it's expected younger South Africans, especially, will feel overwhelmed.Karmen McDonald said it’s not uncommon to feel overburdened in managing one's funds and that the key to doing so is to establish good habits early.
Not sure how to survive these financially challenging times? Here are McDonald's top tips for saving every penny.Budgeting is the foundation for financial success. Start by tracking your income and expenses to get a clear picture of your financial situation. Then, allocate your money wisely, ensuring you cover necessities and savings, with a little room for discretionary spending.
McDonald goes on to say: “Financial success is a journey, not an overnight achievement. By staying proactive, you'll be well on your way to building a solid foundation for your financial future. Take control of your finances, embrace a healthy money mindset and enjoy the peace of mind that comes with financial stability.”
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