Newsletter • Quarter 4 • 2025
Small savings add up and build a better future
Many members feel they cannot save because money is tight and debt takes most of their income. The good news is that small steps make a big difference.
If you save R100 extra every month for 20 years, your total savings would be R24 000. However, because of compound interest, you will instead have saved R52 000 after 20 years.
Start saving small amounts and be rewarded with the magic of compound interest
Even an extra R100 per month can help your savings grow over time. Open a separate bank account and save a little extra into that account every month. Alternatively, make Additional Voluntary Contributions to your retirement fund.
Why small amounts matter
- Small amounts add up. Every month adds another building block to your future.
- You earn growth on every rand saved. Your money starts earning money.
- You build a saving habit. Once the habit is in place, it gets easier to save.
- You reduce financial stress and feel a sense of accomplishment.
How to find the R100 to save
You may not feel that you have extra money, but consider some small changes that will free up some cash:
- One less takeaway per month.
- Choosing a store brand instead of a premium brand.
- Reducing your unused mobile data bundles.
- Avoiding impulse buys at month-end.
Every rand you save is a step towards a BETTER future.
REMEMBER, SMALL SAVINGS ADD UP OVER TIME.