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While a great deal has been said by about Finance Minister Tito Mboweni’s 2019 Budget Speech, delivered on Wednesday 20 February, the woman or man on the street may be wondering: “What does all of this mean for me? What does this mean for my expenses and my budget?”
Stretched consumers can be relieved that personal income tax will not be increased, but inflation continues to bite into your money, so you still need to budget wisely and spend carefully.
John Manyike, Old Mutual Head of Financial Education, offers the following tips to help you improve your financial health.