Campaign to save youth from parents' bad habits
By Bruce Cameron
From Personal Finance
With South Africans digging themselves deeper into debt, a campaign has been launched to save the next generation from repeating our mistakes.
The focus of the financial services industry is turning to the next generation in the hope that it can be saved from this generation's financial mistakes of excessive debt and keeping little aside for a rainy day.The main consequence of this generation's financial irresponsibility will be destitution in retirement.
Well it looks like you are going to have to be taking care of your folks when they retire, which means you better start planning for both them and yourselves now. Check around for the best savings account, consolidate your debts and transfer your credit card balance.