Debt seems to be a parasite we cannot shake; in fact, we often nurture it and make it flourish. We transfer this bad habit to our children, where instant gratification is the norm and where debt overshadows saving.
Don’t let your children inherit your bad savings habits. Break the cycle and teach them good savings habits, so that by the time they become contributing adults, they will not be riddled with debt that consumes their disposable income, but instead have a decent savings stash to help with further education or pay off student debt.
Teach your children to be financially independent and secure from a young age. This could mean investing in an education savings plan or joining a savings app (Catalyst) to encourage saving. This will ensure that they start off their adult career debt free and secure with savings.
Chat with a consultant about opening a savings/investment plan for your children.
Please note the above is for educational purposes only and does not constitute advice. You should always contact your deVere advisor for a personal consultation.
* No liability can be accepted for any actions taken or refrained from being taken as a result of reading the above
Plan your retirement according to the lifestyle you want
Everyone’s idea of retirement is different. Some want a simple relaxing life, others want to enjoy life and travel the world, and yet others want to take part in expensive hobbies and enjoy the luxuries of life like upgrading their homes.
posted on 06.10.2021
Plan your retirement according to the lifestyle you want
Everyone’s idea of retirement is different. Some want a simple relaxing life, others want to enjoy life and travel the world, and yet others want to take part in expensive hobbies and enjoy the luxuries of life like upgrading their homes.
posted on 06.10.2021
deVere Zimbabwe’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere Zimbabwe’s Head of Public Relations on [email protected] or call +44 2071220925