FINANCIAL MANAGEMENT KEY FOR ENTIRE SOCIETY


By KOPANO MONAHENG
NOT everyone who receives money has the skills to manage it well.
Some people are even quick to empty out their bank accounts in a bid to prevent debit orders going off, while others might not know how to save.
Tlalane Ntuli, chief marketing officer at Metropolitan, said people must know exactly what they are going to do with their money before it lands in their hands.
“Make a list of all the things you want to buy once you have the money and stick to your plan,” she said.
She said many people end up making poor decisions around money because they did not follow their budgets.
She said most people blame unemployment while others perhaps feel embarrassed to talk about the money, something which they don’t have.
She said through their Sisonke in Saving programme, they want to ensure that everyone in Mzansi is educated around money.
Tlalane said that even if you’re unemployed, you can still talk about money and in so doing we are learning more from one another. She also said that people could still save the money they make from washing cars or doing just anything as long as it is a source of income.
Remember that it doesn’t have to be a lot of money and as long as we make it a habit to save, the better.

From left to right are: Ayanda Allie, Mapalo Makhu, Nozipo Mbere, Mashudu Lavhengwa, and Tlalane Ntuli. Photo by Aphiwe Fako

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