Your Pregnancy



”If you do not save for school uniforms, school fees and all the dozens of extras, this money will have to come out of your monthly cash flow that, in turn, limits what you can put away for your own retirement,” says Neil Thompson, head of product and customer value proposition at African Bank.

Keep this in mind too: In order to compete in the job market one day, your child will need some form of tertiary education, which is not cheap. Thousands of university students never complete their studies because of financial difficulties.

“Family holidays are a lifeline to good mental and spiritual health.”

Start saving for education as soon as you can. Neil says parents who are serious about growing their money should look for a flexible savings account.

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