YMC

Two years ago around this time, I decided to write a scathing blog post at my disappointment in young people and big financial institutions, for their disregard for the importance of financial literacy and the month of July- National Savings month. The blog post was brutal and honest. Like typing “OK”, as a response to an ex’s last text. Two years later and the landscape is slowly changing. THANK GOD! There is a rising group of young people who want…

Last week we took a massive step in executing our first corporate financial literacy workshop at a global software company Called Tutuka. They are the global leaders in offering innovative prepaid gift card solutions. With the support of Stokfella and Easy Equities, we were able to deliver a magnificent workshop for the Tutuka employees. So many young people often enter the world of work without the knowledge and skills to make sound financial decisions and manage their salaries. Even those…

During President Cyril Ramaphosa’s State of the nation address earlier in the year, we challenged Capitec to assist us in our pursuit of educating, inspiring and empowering the youth of South Africa with respect to financial literacy. The bank has risen to the challenge through their foundation. We are proud to announce that we will be hosting an interactive financial literacy event in partnership with the Capitec Foundation during this year’s savings month. The event which will be held in…

In the last couple of weeks, I’ve found myself cringing at a number of tweets relating to money. Misconceptions, myths and false statements that could resurrect the dead like Pastor Lukau. This is what creates the illusion that money is complex and difficult to understand. So it’s important to address some of these misconceptions. A big salary will solve all your money problems… Uhm, NO! If you are struggling to save anything from your current salary, it is unlikely that…