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As a parent in the digital age, you cannot afford to neglect the crucial responsibility of teaching their kids about managing money. Whether it’s a billboard on the way to school, lifestyle images in a magazine or social media images of their favourite celebrity or idol – children can access information which may give them a misguided view of how money is ‘easily’ earned and how it should be used. Ester Ochse, FNB Wealth and Investments Product Specialist says “Once a child has pre-conceived ideas of how money management supposedly works, it may be difficult for parents to entrench their preferred principles. Hence, it’s important toRead More →

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With the increase in household expenses due to VAT, fuel and rising inflation, how are you making sure that you have enough saved for the future? Saving and investing has become an important aspect of our lives. More so than before, we need to look at innovative ways to grow our money. Ester Ochse, FNB Wealth and Investments Product Specialist suggests the following saving steps that will help you start your savings journey. Savings Plan. – This is the first step and most important step in the process. You need to plan, understand and choose what you want to save for. Be it for a gift,Read More →

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Parents and elders often start saving for their children from a young age. While this initial step is great in helping them set up their life goals; children should also learn the basics of saving and investing from a young age. Ancley Jacobs, CEO FNB Cash Investments says that “The only way your children will start building this saving persona, is by learning about money matters from a young age, understanding how it can work for them and being given the chance to start managing their finances on their own, with positive guidance from parents and elders. Assistance and guidance is necessary in ensuring thatRead More →