RISE fm The Affair

How and when to start saving in this challenging economy! #MoneyMatters

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According to a survey by Olemera Financial Services, an increasing number of South Africans are turning to gambling as a way to cope with financial pressures. The survey reveals that South Africans spent a staggering R1.1 trillion on gambling in 2024—a 40% rise compared to 2023. The pressing question remains: how can South Africans navigate this economic crisis, especially with the cost of a basic food basket soaring by over 50% in 2024? Could saving be the answer? Stay tuned as we discuss the "why," "how," "when," and "what" of 2025 money-saving hacks with our financial advisor, Phindile Msiza.
20 Jan 2025 English South Africa Society & Culture

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