Browsing: saving

• Data by the World Bank reveals that at least a quarter of the African population has internet access, a nearly fifty-fold increase in internet usage since 2000. 
• The rapid spread of the internet across the African continent has been lauded as a key driver of prosperity and a sign of the continent’s technological coming of age. 

Over the past few years, the wealth management industry has seen a significant amount of diversification, from traditionally having products geared towards institutional investors and high net worth individuals to offering more accessible products to low and middle-income earners. 

While WealthTech is not a new concept in Africa, there is room for market players to leverage consumer demand for wealth management products that are more digitally accessible and easy to use. 

WealthTech or wealth management technology is the combining of technology such as AI, big data, SaaS, with financial assets, such as savings, investments, …

The idea of saving is “nice to have”, but is difficult to practice for many of us.

As we navigate the early days of the New Year, this is the perfect time to implement your long-term plan you had postponed to start saving. With accrued debts from previous year(s) and financial challenges that you could have avoided if only you saved a few coins a month, you still have the power to make the next eleven months,if not years, a success.

My relationship with finances is complex. I am still learning to work out how to manage my money in the best way possible. It has taken me several years to learn the discipline of saving when all I want to do is splurge it.

Do you wish to retire young and spend your time doing what you love, relaxing and planning for your next vacation? Is this even doable?…