Investments fit for purpose

THE WORLD of saving and investing can be daunting—and if one looks at the current savings rate in South Africa, the perceived complexity may prevent people from starting this vital part of their financial wellness journey as early as they need to.

The focus of this article is ensuring that you have the right savings and investments for the right purposes. Here’s some of the most common types of vehicles that will help you begin your journey to financial wellness.

Cash investments
These are normally savings accounts that are available via your bank…