Simamkele Matuntuta

Millennials are notoriously known for budgeting and saving behaviour that’s either lacking or non-existent, all the while grappling with high levels of debt. This is due to many contributing factors, some of which are not in our control such as the decline of our national economy.

Perhaps, the most difficult text message to process is a bank alert informing you of money that’s leaving your account. It’s never a pretty scene as it leads you closer to your worst nightmare; running out of money. 

Saving is important. We hear this a lot and in most cases, we don’t see this as a possibility in our financial lives. There’s a lot of bills to pay and rarely enough money to cover those expenses, let alone putting money away for a rainy day.