Tips to Save During Tough Times

16 July 2017; Challenging economic conditions often come with a lot of uncertainties, and consumers will find themselves hard-pressed, but it’s still important to make room for saving and continue practicing prudent financial habits.

Eunice Sibiya, Head of Consumer Education at FNB says “with the continuous rise in basic living essentials such as food and electricity, consumers need to relook their budgets and cut off unnecessary expenses in order to avoid over stretching their finances. As the cost of living escalates necessary lifestyle adjustments must be made to ease the pressure on finances.  These may involve having to cut unnecessary expenses on non-essentials such as entertainment.”