Com­pe­ti­tion win­ner

CityPress - - Business -

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.”

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