Why Saving Without Investing Can Be A Problem (Tshepo Kgapane)

06/04/2021 19 min
Why Saving Without Investing Can Be A Problem (Tshepo Kgapane)

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Episode Synopsis

Savings and investing are not the same. It is possible to be very good at one or the other. But it is only by doing both, that you can earn an income while you sleep. Otherwise your savings will just keep pace with inflation. Tshepo Kgapane, the Founder of Youth Money Circle, explains why we should be CEO of our money and put it to work, with some challenging targets. Disclaimer: Old Mutual Life Assurance Company (South Africa) Limited is a Licensed Financial Service Provider. This material is not intended as and does not constitute financial advice  or any other advice and is neither exhaustive nor prescriptive. It does not take into account your personal financial circumstances. Your financial adviser will assess your financial situation and needs and assist you to draw up a plan to help you achieve your financial goals. The views expressed by the contributor are his or her own (as an independently registered financial services provider, financial adviser or other independent capacity), and not necessarily endorsed by Old Mutual (as a separate financial services provider).Join us on twitter for real conversations about family finances:@FamFinanceShow@DianaGranouxWebsite:www.familyfinanceshow.comSubscribe on your favourite podcast platform:https://podlink.to/FamilyFinanceShow