By Newsbreak Producer Hoosen Ebrahim - As South Africa observes Youth Month, financial experts are warning young people about the long-term cost of delaying investments. New estimates suggest that waiting just ten years before starting to invest could leave South Africans with up to R650,000 less in retirement savings. But with rising living costs, debt and economic uncertainty putting pressure on household budgets, many young people are struggling to prioritise long-term financial planning. Financial company 1nvest says starting small and investing consistently could make a significant difference over time. Analyst Lungile Macuacua explains...

 

By Newsbreak Producer Hoosen Ebrahim - As South Africa observes Youth Month, financial experts are warning young people about the long-term cost of delaying investments. New estimates suggest that waiting just ten years before starting to invest could leave South Africans with up to R650,000 less in retirement savings. But with rising living costs, debt and economic uncertainty putting pressure on household budgets, many young people are struggling to prioritise long-term financial planning. Financial company 1nvest says starting small and investing consistently could make a significant difference over time. Analyst Lungile Macuacua explains...
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