Savings and investments play an important role in your financial well-being. Make good money choices by knowing the options that cater to your short and long-term needs.
Overview
Most South Africans strive for a comfortable retirement. However, recent statistics reveal a startling fact – a mere 6% of the population is on track to retire with their current lifestyle intact.
However, financial security is not out of reach – you can start your savings and investment journey today.
Understanding the difference between savings and investments is crucial to secure a robust financial future. Both involve setting aside funds for the future, but they play different roles in your financial plan.
Savings typically refer to the money you put away for imminent needs, ensuring you have immediate access to funds for short-term objectives. Conversely, investments are your ticket to long-term wealth creation. These are assets purchased with the expectation of generating greater returns over time.
We explore the nuances of saving vs investing, providing you with the knowledge to make informed decisions. Whether you’re planning for a large purchase or setting the foundation for wealth accumulation, we’ll help you navigate the waters.
Ready to evaluate your financial health, and move towards sustained prosperity?
Register or log in to assess your financial standing.
Quick guide to savings and investments
energy_savings_leaf
Wealth-building gifts for your children
We explore what to consider when giving a gift that can help secure your children’s financial future.
currency_bitcoin
Understand whether to invest in cryptocurrency
We investigate the crypto investment landscape, whether it’s possible to invest safely in cryptocurrencies, and red flags for potential investors.
shield
Saving for emergencies
We consider what an emergency fund is, and how you can use it to buffer the impact of load shedding.
handshake
Successful stokvel savings
We investigate the pros and cons of this form of collective saving, and consider how to choose or start a successful stokvel.
Articles and insights
Explore our extensive selection of articles and insights on savings and investments, crafted to guide you through these vital financial strategies.
You’ll find the information you need to make solid decisions – from the fundamentals of saving plans, to the intricacies of investing.
Whether you’re starting your savings and investments journey, or looking for sophisticated strategies, our content is tailored to boost your financial acumen, and to help you manage your savings and optimise your investments.
Maximise your financial potential with savvy savings and insightful investment choices.
The two-pot retirement system – balancing access with savings
5 September 2024 · Fiona Zerbst
The two-pot retirement system has been touted as a solution for cash-strapped South Africans wanting to access funds while preserving their long-term savings. JustMoney investigates.
Saving for your child’s university studies
6 June 2024 · Martin Hesse
Tertiary education in South Africa is expensive. But saving for it is easier on your pocket if you start early and do it consistently.
5 Tips for achieving financial security
28 May 2024 · Fiona Zerbst
Developing and maintaining good money habits are vital for lasting financial wellbeing. We share five tried-and-tested tips to help you on your way.
How much money do you need in order to start investing?
2 May 2024 · Fiona Zerbst
You may believe investing is the preserve of the wealthy; however, almost anyone can invest if they have a little cash. We investigate.
Rethinking insurance? How to navigate risk in a changing world
2 April 2024 · Fiona Zerbst
As financial priorities shift, many people – particularly younger consumers – are reconsidering insurance. We investigate alternative ways to manage your risk.
Get the best out of your solar investment
29 February 2024 · Fiona Zerbst
With load shedding showing no sign of abating, solar installations are increasing in popularity. We investigate how to make the most of a solar investment.
Should you top up your retirement annuity?
22 February 2024 · Fiona Zerbst
Making additional contributions to your retirement annuity can benefit you greatly. We explore why and when you should consider topping it up.
Stokvels – how to invest safely
13 February 2024 · Marlize De Villiers
Stokvels provide a practical and simple way to save by pooling money with others. We explore their mechanics, and how to choose one that suits your needs.
“How I manage my finances as a retiree”
8 February 2024 · Fiona Zerbst
Persistently high inflation rates are taking their toll on pensioners. We explore what three senior citizens are doing to protect their financial wellbeing in retirement.
Videos
We’ve created a collection of informative and insightful videos that cover a wide range of topics related to financial wellbeing.
Whether you’re a visual learner or prefer the convenience of watching and listening, our video content is designed to provide you with valuable tips, expert advice, and practical strategies to help you master the art of saving.
Join us on this visual journey to enhance your financial literacy and make informed decisions that lead to a healthier financial future.
Savvy saving tips for Savings Month
The JustMoney team discusses the importance and benefits of saving. Watch the video for tips on how to save money.
Savvy Shopping Showdown
It’s been a year since Covid hit, and we decided to compare the prices of basic grocery items across three of the bigger supermarkets. Find out which is cheaper and whether it pays to shop around.
Kids say the darndest things – about money
It is important to teach your kids about money – how to save it, and how to spend it wisely. JustMoney spoke to some of our kids to understand their idea of what money and saving is. You won’t believe what some of them had to say!
Keep track of your financial wellness
To qualify for financial products, you will need a favourable credit score. It’s important to regularly check your credit report and, if necessary, take steps to improve your score.
Register with JustMoney to access your free credit report and personalised credit dashboard. Your credit score will lie between 1 and 1,000, and will be shown on a scale, ranging from “bad” to “average” to “good”.
Your financial decisions affect your score – click below to see yours now!
