Stats show R295bn worth of ‘lazy money’ is in SA
Make sure you earn interest, even in transactional accounts, and don’t only pay bank fees
26 September 2019 - 17:09
South Africans appear to be paying no attention to the interest they earn on money in their savings accounts, if research by Capitec bank is anything to go by.
A series of polls by the bank found that 59% of respondents with a savings plan do not know how much interest they are earning. And a whopping 86% of respondents do not know what “lazy money” is. ..
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