S3E23: The Real Cost of Living Well in South Africa: Are South African Investing and Saving Enough?

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With rising inflation and stagnant wages reshaping the economy, "living well" has become increasingly difficult to sustain. This episode explores what it truly means to be financially fit in South Africa today, using aggregated data from the NedFin Health Check to reveal real money management behaviours.

Check: https://personal.nedbank.co.za/learn/financial-health-guide.html

Key topics discussed:

Financial Fitness Check: An analysis of the nation’s financial health score, highlighting where South Africans are succeeding and where they are falling behind.

The Inflation Effect: How rising food prices and debt servicing costs are impacting savings capacity.

Behavioural Barriers: Identifying the emotional hurdles, such as lifestyle creep, that prevent financial discipline.

Surviving vs. Thriving: Redefining prosperity through balance, planning, and smart saving rather than just accumulation.

Digital Tools: How technology is enabling better financial habits and transparency.

Watch now to understand the reality of the cost of living and how to adapt your financial strategy.

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