Publish Date: 07/03/2019
Choose the right tools to help you save
As with any task you tackle, it is important to pick the right tools for the job.
Committing to save money is no different and your tools here would include things like a fixed deposit or notice deposit account, for example.
According to an article by personal finance journalist Paul Sisolak, these are the five biggest obstacles people often encounter when trying to save:
Looking at the above reasons, the fifth may be the hardest to swallow.
The truth is that many people have nobody but themselves to blame for not following money saving tips and achieving their financial goals.
If you are someone who sees the path to saving money littered with obstacles, perhaps it is time to scrutinise what these really are. You cannot overcome obstacles if you do not know what they are.
Let’s look at 5 bad financial habits which could be standing in the way of you achieving financial freedom:
You may find the hardest part about saving is just getting started. It is all about taking that first step, the rest will follow and once you see results you will wonder why you had not started much sooner!
PREPARED ON BEHALF OF AFRICAN BANK BY CATHY FINDLEY PR. CONTACT JACQUI RORKE ON [email protected] OR (011) 463-6372 WITH ANY CONSUMER PR QUERIES.
About African Bank
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'.