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Beware of these traps when it comes to savings

Source: Info Europa
Date: 07/24/2016
Excerpt: Cape Town – South Africans know they need to save, or save more, but despite the best of intentions, a healthy nest egg eludes them, according to Estelle Scholtz-Mare, head of Momentum Retail Financial Planning and Financial Wellness Marketing for Momentum.South Africans find themselves on the lower rungs of the global savings ladder, saving less than 2% of their incomes.
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