Congratulations to Siza Magagula, who won a R500 investment in the Stanlib tax-free savings account.
Siza wrote: “I am overwhelmed with guilt of wasteful and fruitless expenditure. I feel that if I start cutting back on all of the unnecessary spending, this will allow me to have at least R500 to R700 saved a month.
“I would like to start building my financial portfolio with the tax-free savings account. I’ve got one dependant. He is currently three years old.
“I feel that this money will come in handy when he gets older, either for education or to help him kick-start his life.”