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SAVINGS MONTH: ⁠Stokvel vs Investment Clubs

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We all; watched as our parents joined stokvel and would contribute money from January of each year. In the beginning one might say that many of these stokvels were not aiming to grow their money – their main objective is to save [at low interest] and then spend it all in one go. Today the idea stokvels have evolved and we are in conversation with Co-founder and Managing Director: Retirement Wealth Management Pty Ltd, Manelisi Makasi as we unpack how to maximise our savings goals especially if we are planning long-term financial goals. 

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