Start today and save what you can

31 October 2018 | Banking

Today is World Savings Day, which is aimed at increasing public awareness on the importance of saving - both for modern economies and for individuals alike. The focus this year is on the importance of savings in the global economy and how every depositor contributes to its development.

Elzita Beukes, communications manager at FNB Namibia says that there has never been a more important time for Namibians to save than now.

"Save whatever you can," says Beukes, explaining that tough economic conditions in the country will likely put even more strain to already financially stressed and over-indebted Namibians.

“We know that most people are struggling to put a little extra money away in savings due to income challenges, but for others the challenge is simply the lack of willpower and disciple”, adds Beukes. “These individuals, we want to encourage to take saving seriously, starting where you can, even with N$100."

FNB offers several saving and investment options that can help you grow your savings. The FNB Savings Pocket for example, is available free of charge and is linked directly to a customer’s transactional account.

“The Savings Pocket offers a great interest rate and enables customers to differentiate savings funds from money that will be spent for daily expenses. And now with the FNB Rewards programme you can earn cash back which is deposited monthly into your Savings Pocket. What a great way to save by simply banking correctly”, said Beukes.

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