July is Savings Month so join Aza in the #MySavingsPledge Challenge!

Azania Mosaka saves a whopping R3200 with Nedbank's #MySavingsPledge

July is South Africa's National Savings month. Azania Mosaka and a few listeners embarked on a savings challenge prompted by Nedbank who encouraged South African's to change their spending behaviours in order to save.

By using the hashtag #MySavingsPledge Mosaka and listeners were able to show their support by sharing what they would give up during the month of July.

Inspired by the campaign, Mosaka pledged to give up eating takeouts for the month and has opted to prepare her own meals - which could lead to a saving of over R1000 by the end of the month!

Vanessa Singh, Executive Head: Retail & BB Marketing at Nedbank says savings month has allowed South Africans to alter their spending patterns while analysing their spending behaviours. She adds that the response has been overwhelmingly positive.

We started internally in the bank, asking our staff to take the pledge.

Vanessa Singh, Executive Head: Retail & BB Marketing at Nedbank

Singh adds that carpooling became the norm while more Nedbank employees stayed away from the canteen by packing their own lunches.

Each one of us has a personal responsibility to look at our financial well-being and if we have sufficient money in the case of an emergency says Singh.

You have to plan - and planning is about saving.

Vanessa Singh, Executive Head: Retail & BB Marketing at Nedbank

If you retire can you sustain the life that you currently live, asks Singh. She says planning for your retirement is important because people who are retired often live off the interest earned on their retirement plans.

Singh suggests starting small with every savings plan.

Listen to the masterclass on #MySavingsPledge here:


This article first appeared on 702 : Azania Mosaka saves a whopping R3200 with Nedbank's #MySavingsPledge


Recommended

by NEWSROOM AI
Read More
[LISTEN] Masterclass: The architectural history of Johannesburg

[LISTEN] Masterclass: The architectural history of Johannesburg

Architect at Paragon Group Hugh Fraser joined Azania in studio to share his insights.

[LISTEN] New urban tribes you will most likely meet

[LISTEN] New urban tribes you will most likely meet

Flux Trends has published the 2018 edition of the 2012 e-book , New Urban Tribes South Africa.

[LISTEN] 'We must turn those illegal dagga businesses into legal businesses'

[LISTEN] 'We must turn those illegal dagga businesses into legal businesses'

Executive Director of the CDCSA KZN Branch Thandeka Khunene reacts to the decriminalisation of dagga.

FPB to discuss issues of cultural sensitivity in classifications guideline

FPB to discuss issues of cultural sensitivity in classifications guideline

The Film and Publication Board says it will be in conversation with creatives and traditional leaders this week.

 PIC warns of another ratings downgrade

PIC warns of another ratings downgrade

Isaac Matshego, economist at Nedbank explains why the Public Investment Corporation predicts further downgrades in SA.

Why the SA Reserve Bank cut rates (against the expectation of 92% of economists)

Why the SA Reserve Bank cut rates (against the expectation of 92% of economists)

The Money Show’s Bruce Whitfield interviews Nedbank Economist Busisiwe Radebe about Governor Lesetja Kganyago’s surprise move.

Popular articles
The weed debate continues

The weed debate continues

Callers on the Eusebius McKaiser Show discuss the ConCourt's ruling to decriminalize dagga.

Sapo CEO says Sassa deal will generate money to go back into the fiscus

Sapo CEO says Sassa deal will generate money to go back into the fiscus

CEO of the SA Post Office Mark Barnes explains how the Sassa deal will benefit grant beneficiaries and the state in the long run.

[WATCH] From Venezuelan president's fine dining, to a hyena and buffalo battle

[WATCH] From Venezuelan president's fine dining, to a hyena and buffalo battle

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

Heinrich Volmink could've been a good mayor but Dan Plato gets the livery collar

Heinrich Volmink could've been a good mayor but Dan Plato gets the livery collar

Prof Jonathan Jansen sings Volmink's praises as Dan Plato is elected to lead the City of Cape Town taking over from De Lille.

'We can barely enforce tobacco legislation, how will we to deal with dagga?'

'We can barely enforce tobacco legislation, how will we to deal with dagga?'

International law enforcement expert and former Drug Unit Commander Lobo das Neves says ruling opens a different can of worms.

Kaptein Kurt Darren on music and all the money he’s making from it

Kaptein Kurt Darren on music and all the money he’s making from it

Laat die dansvloer brand! The Money Show’s Bruce Whitfield interviews Afrikaans musician Kurt Darren.

ConCourt rules dagga legal for private use, but what is private?

ConCourt rules dagga legal for private use, but what is private?

Associate Professor of Law at Wits University James Grant says the ConCourt did not define what private use was.