South Africans go it alone

A third of people do not seek out advice when making decisions about their money, while only one in a hundred go to their bank manager for financial advice, a banking website said. "It is worrying that a third of people don't get any guidance when making vital decisions about their money. It shows how low the level of financial understanding is in SA," said Paul Beadle, managing director of www.justmoney.co.za. - Sapa

A third of people do not seek out advice when making decisions about their money, while only one in a hundred go to their bank manager for financial advice, a banking website said. "It is worrying that a third of people don't get any guidance when making vital decisions about their money. It shows how low the level of financial understanding is in SA," said Paul Beadle, managing director of www.justmoney.co.za. - Sapa

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