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Page 1: Can you afford not to save and invest

Can you afford not to save and invest?

I can afford to save & invest.

Ask yourself... Here are some tips...

Do you overlook the importance of saving small amounts?

3

It doesn’t matter if you start small, just as long as you start saving.Consider the money you spend on a cappuccino every morning.

20 Cappuccinos =R400per month

R1 000 x 12 Months =R12 323*per year

Nothingsaved

1 CappuccinoR20per day

5 CappuccinosR100per week

Do you know your attitude to risk?

4

Get advice from specialists, not only for the large amounts, but small amounts too.This will impact your choice of savings or investments.

Savings or InvestmentAccountWith capital and returns100 % guaranteed.

Stock market or FundsCapital and returns notguaranteed due to market risk,but with good growth potential.

Vs

VsAre you prone to procrastination?

1

Pay yourself first. Set up a Scheduled Transfer of R1 000 per month to help yousave before you spend.

Do you think that saving and investing is onlysomething for richpeople?

2

Try to save a percentage of what you earn. No matter what income group you belong to, you have no excuse not to save and invest.

Save and invest relativeto your earning - 10%of your net salaryper annum.

Do you fall prey to instant gratification?5

Understand the difference between a “want” and a “need”. If you seesomething you like, don’t buy it immediately. If you really need it, youcan go back for it.

30 minuteslater

Do youneed orwant it?

Terms and conditions apply. *Interest calculated at a rate of 5% p.a. over a period of 12 months.

I want it,I don’t need it!

Challenge SolutionSo you think you can’tafford to save and invest?

Things you can do right now to start saving or investing.

Why do South Africans save and invest? 1 Emergencies 2 Children’s Education 3 Retirement

10%=R10 000

10%=R100 000

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