Publish Date: 07/03/2019
Pregnant? Congratulations! You’re probably experiencing a flood of contrasting emotions — scared, excited, nervous and happy. You’re probably also fretting about a long to-do list that includes sorting out a nursery, stocking a nappy bag, buying a pram and car seat, and all sorts of essentials and accessories that will give your bundle of joy the best possible start to life.
One of the most important things to consider, however, is the financial side, ensuring that you have enough for nappies, any medical expenses, and savings.
Here’s how to get financially fit before baby arrives.
African Bank's Tax-Free investment account offers both. You can put in as little as R100, and then have the option of withdrawing some or all of your money in the anniversary month (a year after you have made your deposit). You can deposit up to R33 000 per year and up to R500 000 in your lifetime. Your original interest rate never drops, but you can benefit if the interest rates increase.
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'.