Alan Winde, Minister of Economic Opportunities:
As part of Savings Month, the Western Cape Government is joining forces with consumer protection agencies to conduct savings awareness sessions across the province.
Alan Winde, Minister of Economic Opportunities, said the Western Cape Office of the Consumer Protector, together with agencies including the National Credit Regulator, are visiting residents to encourage them to save.
“We need to encourage a culture of saving so that residents are prepared for emergencies and retirement. It is also key that more residents have access to financial literacy programmes. It is our goal that through these savings awareness sessions, residents will have the skills they need to manage their finances.”
Yesterday’s session took place in Mitchells Plain.
The schedule for the rest of the month:
|23 July 2015||Worcester|
|24 July 2015||Robertson|
|27 July 2015||Ceres|
|28 July 2015||Khayelitsha|
|29 July 2015||Cedeberg|
|30 July 2015||Bergriver|
Savings tips include:
- Develop a savings plan and try to put a portion of money away each month
- Teach your children to save from an early age
- Use credit sparingly and carefully
- Save up to buy things for cash
- Shop around before you buy
Organisations, schools, colleges, businesses and communities that would like to book workshops on financial literacy can contact Phenias Ncube at the Office of the Consumer Protector on 021 483 9282. Residents can also contact Mr Ncube for venue details for this month’s sessions.