Why South Africans struggle to save

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Cape Town - South Africans are indeed riddled with debt, but one of the reasons they struggle to maintain a savings culture is because of impulsive buying behaviour, according to a debt expert.

Other factors contributing to a poor savings habit are economic issues, bad financial decisions and a lack of discipline when it comes to saving, said Wikus Olivier, debt management expert at DebtSafe.

With July marking National Savings Month, there is no better time for South Africans to get proactive with their savings habits.

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