Publish Date: 01/08/2019
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25/02/2019
Get everyone involved in budgeting for a new year
One of the best ways to start budgeting for a new year is to get everyone in the family involved in the family finances. Learning how to budget properly and sticking to a budget is a discipline that everyone should learn.
A budget should make provision for the here and now, but also include room for future goals like retirement or education. How well you manage your money and payments now will determine your future financial well being. It helps if families can instil some sound principles in their children from an early age. If everyone can contribute and benefit, it is more likely that the whole family will be to attain their financial goals. It all starts with drawing up a budget. Here’s how you can get started:
Celebrate as a family when goals are achieved. This should include the smallest goals, such as saving up enough pocket money to buy a new bike, as well as much bigger goals like paying off your home loan. It’s a great way to bring the family together and to share financial responsibility. So don’t wait, get a budget going and start making your family financial goals a reality.
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Our mission is to be a successful Retail Bank offering a wide range of products and services to the consumers of South Africa. The people who work for African Bank represent the diverse population of South Africa; therefore we are a reflection of you, of all South Africans. We seek to provide value - more than our consumers expect of us. We promise to live our purpose 'humanity through banking' in all that we do and we are confident that we can, because 'We are You'.