Welcome to the world of investing. We know it can be daunting, it sure was for us. Ata and I, Nomnikelo, will journey with you and help you understand things like the stock market, hedge funds and cryptocurrencies. And how you, as a member of a retirement fund, are playing your part in the South African economy.
Stop scrolling mindlessly past silly cat photo’s when you are bored at the bus stop. Instead, empower yourself with investment know-how on Atleha-edu’s chat-based learning platform – also called a chatbot. Yes, it’s almost like “chatting” with a teacher or lecturer on WhatsApp. We have
Saving – Saving for an emergency, and other stuff Once you’ve contributed towards your retirement fund you should also put some money away for a rainy day. In normal speak “a rainy day” is called an emergency savings fund. Saving is setting money aside for
Retirement savings – Take a tax break! Take-home message: Contributing to a retirement fund can help you save for retirement while also reducing the amount of tax you pay over your lifetime. The South African government really wants South Africans to save money for retirement.
What to cover – your funeral or your life? Take-home message: If you have a bit of extra money, consider contributing towards life insurance instead of a funeral plan. Losing a loved one is tough enough without those left behind having to worry about financial
Savings – Saving for the medium term Take-home message: When saving for the medium term, it’s better to invest in a unit trust instead of a savings account. Right, you are contributing towards retirement and emergency funds. So what’s next? Perhaps saving for something big
The Government Employees Pension Fund (GEPF) is Africa’s largest pension fund with 1,2 million active members, and approximately 450 000 pensioners and beneficiaries. In the 2021/22 financial year, the fund reported unclaimed benefits and interest provisions of just over R2 billion owed to pensioners and
To learn more about Atleha-edu’s bespoke member education offering – via both published awareness publications, videos and podcasts, or interactive awareness and experiential learning workshops – please contact us via info@atleha-edu.org