We hope your kids had an amazing first week at school! And as we kickstart 2025,  ThuthukaSA would like to encourage you to jot down your personal finance goals and to let us help you achieve them!

This should be the year where you start to pay yourself with our various savings and investment options. Our team is skilled and qualified to guide you to choose an option that is best suited to your needs.

Your options are as follows:

1. Tax free savings account (TFSA):From R500p/m, you can start to save while earning interest on your contributions. This investment is more suitable for long term investing from two year upwards. The regulatory limitations are that you can only invest up toR36 000 per tax year or up to R3000 per month.
2. Emergency fund:Everyone has a rainy day at some point and its up to you to ensure that you are financially prepared for life’s surprises. Contributions start from R500p/m with no maximum. However, as the old adage goes “don’t put all your eggs in one basket”. Therefore, its good to diversify your money and have various investment accounts if you have a surplus of funds.
3. Retirement Annuity (RA):Let ThuthukaSA help you be part of the South Africans who can afford to retire. From R300 p/m we can help you secure a stress free retirement. Break the cycle of “black tax” and start saving for your retirement now. The best part is that you can get tax refunds from your contributions!
4. #MoneyGoals4LifeThis is our personal fave! A simple home made piggy bank can change how one looks at saving. And saving money should never be perceived as a burden. Deposit R20-R50 weekly into your piggy bank and keep it sealed until December and lets see how much you can save after 12 months. We encourage you to challenge your children and spouses/partners too because its tons of fun counting money in December!

A rule of thumb as you start your savings and investment journey with us: if you can afford to pay the bank in credit card/ personal loan repayments and other unsecured debt, you should have some left over to pay yourself.

We are here to help you and are excited to walk this #MoneyGoals4Life journey with you this year!