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Leaving paying off your debt until too late Always try to start paying off your debt from age 45. You should never take any new debt at this age. You should be aiming to be debt free by age 55 so you can rather focus on diverting more funds towards your retirement funds instead...
Your Tax-Free Savings Account ( TFSA) Tax Free Savings was introduced in South Africa to motivate people to save more. You get to benefit if you invest over a longer period, and not withdraw your funds every chance you get. The benefit in this investment is that you will not pay any interest,...