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Good week, bad week: 18 - 22 October

Saving for retirement and economic growth both get stuck in the thumbs down corner while insurance companies get the thumbs up with their innovative ways to help their clients save.

25 October 2010 · Staff Writer

GOOD WEEK

Obeying the rules: Insurance can be a real pain and many of us cringe at the thought of forking out for something you might never even really use, however, if you obey all the rules of the road, you might end up paying lower premiums. Read the rest here.

Taking a cab: Hailing a cab is a big deal in big cities around the world but it's something that's only really started to catch on in South Africa in the last five years, mostly because the charges can be a bit ridiculous. First For Women and Cabs For Women have teamed up and they are offering their policy holders a nice discount on this service. Read the rest here.

 

BAD WEEK

Saving for retirement: Have you saved enough for retirement? Are you absolutely sure? Have you used a retirement calculator to see how much you should be saving and you're now trying to catch up? Don't worry, you're not alone. According to new surveys, almost everybody is trying to save for their golden years which, if you think about it, will probably be more unpolished copper if you don't start saving. Read the rest here

Economic growth: Remember all those public servant strikes? Finance Minister Pravin Gordhan has warned that the above-inflation wage hikes could have an impact on government's growth aspiration. That might be stating the obvious but the impact won't be felt immediately, in the long-term interest costs could rise in response to higher government borrowing. Read the rest here. 

 

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