to practice healthy financial habits in South Africa. But even the smallest step towards your future financial goals is progress. So, here are four healthy financial habits you should get into the habit of.Try not to overuse store accounts and/or credit cards. Getting into debt simply means you delay saving and investing and that’s not a healthy financial habit. Try pay with cash and start investing and saving your money as early as you can.
You’re probably still young and want all the good things in life. But JustMoney says you should start planning for a formal retirement fund as early as you can. Even discretionary investments like the savings we just spoke about are insufficient for your retirement needs. Start contributing to a retirement annuity as soon as possible. They’re tax-free, which is an added bonus.This might sound strange, but it’s hard to not fear your money.