In times of economic privation, being able to set aside money becomes a luxury few can afford. The majority of South Africans are becoming increasingly indebted. This phenomenon is particularly pronounced among the previously disenfranchised.

However, it is never too late or too early to get into the habit of saving. Once a surplus of income occurs, where possible it should be set aside or employed in the accumulation of capital...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.