Financial Literacy Movement South Africa

04/12/2024

Join our movement, and share the link to our page: https://www.facebook.com/share/1AgfnyDmxM/?mibextid=LQQJ4d

04/12/2024

It’s never too early, but often late to be planning for a comfortable retirement. Did you know that you are allowed to claim back your RA contributions from tax? You are allowed to invest up to 27,5% of your taxable income (annual max of 350k per annum) in South Africa.

Contact me now to explore cost effective options: https://iwcp.profileme.app/nashsingh?r=w



https://www.citizen.co.za/business/personal-finance/retirement-crisis-majority-of-south-africans-will-work-till-they-drop-dead/

Throughout their careers, most individuals fail to generate sufficient income to sustain their families, let alone set aside funds for their retirement.

04/12/2024

Contact me now to book a presentation for your group of friends, family, colleagues and others you care about. From basic to advanced presentations on all aspects of wealth creation through financial planning. Let’s get your group on the road to financial prosperity. https://iwcp.profileme.app/nashsingh?r=w

18/11/2024

Get your Free Will done by a professional fiduciary service for absolutely free! Contact: https://iwcp.profileme.app/nashsingh?r=w

15/11/2024

How can we address South Africa's economic challenges? Contact us NOW to arrange a private Financial Literacy session for your school, university, company or private group. Our sessions range from basic to advanced and are completely FREE of cost, as part of our commitment to raise the level of financial knowledge in South Africa.

Let us show you and your friends how to develop multi-generational wealth! South Africa can be a FIRST WORLD POWERHOUSE ECONOMY!

Share this message and do your bit to change the future of South Africans, one presentation at a time!!!

15/11/2024

Contact us NOW to arrange a Financial Literacy session for your school, university, company or private group. Our sessions range from basic to advanced and are completely FREE of cost, as part of our commitment to authentically heal South Africa's rising debt problem.

Let us show you and your friends how to develop multi-generational wealth! Mzansi deserves to be a FIRST WORLD POWERHOUSE ECONOMY!

Share this message and do your bit to heal South Africa, one presentation at a time!!!

15/11/2024

South Africa has introduced coding and robotics into its school curriculum, preparing people for a tech-driven future. But, as we celebrate this progress, the question remains: why hasn’t financial literacy also been made mandatory?

Financial literacy is more than just knowing how to open a bank account; it involves understanding budgeting, debt, saving, investing and long-term financial planning. Without these skills, many South Africans will continue to struggle with poor financial habits, deepening economic inequality.

The financial choices people make today — whether it’s emergency withdrawals, excessive spending, risky behaviours like gambling or not saving — have long-term consequences. It is evident that without a solid foundation in financial literacy, even those who benefit from such systems may face significant financial difficulties down the line.

Other countries have long recognised the importance of financial literacy in their education systems. The United Kingdom, for instance, made financial literacy compulsory in schools as early as 2014. New Zealand also incorporates financial literacy into its curriculum from primary school onwards. These countries understand that teaching people how to handle money from an early age equips them to make better financial decisions in adulthood.

South Africa, with its high levels of debt, low savings rates and widespread financial insecurity, should follow their lead. By teaching financial literacy, we can lay the foundation for responsible financial behaviour that will benefit individuals and society as a whole.

This skill is crucial not just for personal success but to close the gap between economic survival and prosperity, reduce debt and inequality, and for the count

15/11/2024

Debt counselling was introduced in South Africa in 2007. A legal process to help the over-indebted repay their debts in an affordable manner. This measure helps those that have already lost control of their finances.

How can we address South Africa's rising debt problem in a more holistic positive framework? Logic tells us that Educating South Africans to make SMART financial decisions is the long term answer.

Financial Literacy Movement South Africa is committed to addressing South Africa's debt problem, by empowering our citizens with knowledge of financial products, thereby creating multi-generational wealth and prosperity.