5 months ago

New Era Newspaper Wednesday October 25, 2017

  • Text
  • Namibia
  • Windhoek
  • October
  • Ministry
  • Oranjemund
  • Region
  • Leaders
  • Regional
  • Accreditation
  • Programme

12 Inside BUSINESS:

12 Inside BUSINESS: CONSUMER NEWS Wednesday, October 25 2017 | NEW ERA OPINION January should not be a Hilaria Graig Earlier this year, one of the local newspapers carried a story accompanied by a picture of mostly women standing in a long queue at a cash loan. As the saying goes, ‘a picture is worth a thousand words’ and the story that picture told was a painful one. It is a story of how the majority of us tend to party up a storm, spending a lot of money during the fest i v e s e a s o n without giving a moment’s thought on how we might get through January. So nancial state during the first month of the year that we’ve renamed the m o n t h t o Januworry in what appears to be an attempt to excuse our careless ways. Hilaria Graig So once again, the festive season is soon upon us and while many might tell you to save for the festive season, and rightfully so, because we need to develop a culture of saving, especially for those critical months. And January is critical a month. Whether you are a parent with kids with a long list of sta- part-time at a university, or just one of those people looking for a fresh start in the new year, how you spend your money in December will affect how you get through January. Here are some options: Invest in a unit trust – one of the best ways to save money is by investing in a unit trust. It does not require huge investments and you can start your investment from a little as N0. In addition, you get interest on your investment over time. Save that December bonus – many companies reward their employees with a Christmas bonus, but instead of blowing the cash, rather put it away for January. Avoid the unplanned – while something’s are unavoidable, an unplanned trip with the girls to Cape Town will hurt your wallet. So, make a plan of all the things you want to do during the holidays, budget for them and stick to your budget. Have a Christmas potluck – it’s the season to be merry, but always be mindful of where your money is going. One sure way to save money is having Christmas potluck (bring and braai) dinners, where everyone brings something to the table to share. Target the Christmas specials Christmas specials, but a sure way specials is to compare prices of shops. Don’t get over-excited by the “for sale” sign when the item could be even cheaper elsewhere. Pay Cash – paying cash for items is one of the best ways to track your money, because you see it leaving your hands. The idea with paying cash is to set a limit on how much you plan to spend, withdrawing that and only spending that amount. However you plan to spend your holiday, no matter how much you spend, make sure you don’t fall victim to Januworry. Contact your you can develop a culture of saving today. While you plan your vacation, remember January. * Hilaria Graig is the marketing and communications manager at Sanlam. Xwama Traditional Restaurant will celebrate its 10th anniversary tomorrow. The cultural village, which models itself on the rich vein of culture and social interaction that is presented by Katutura, will offer a jam-packed program that includes a muchanticipated ‘Corporate Braai Master’ competition that is also a team building initiative for its corporate family – while enjoying an exciting and fun day with colleagues and family. The event will upcoming enterprises and informal business to sell and advertise their products, and to network and meet prospective customers. Photo: Contributed EUROPEAN UNION Vacancy SENIOR SECRETARY: POLITICAL, PRESS AND INFORMATION SECTION The European Union Delegation to Namibia is looking for a Senior Secretary to the Political, Press and Information Section. The selected person will be responsible for operational and administrative support to the Section. S/he will also give logistical support to the Section and deal with any other task as requested by the hierarchy. Please access more details about the vacancy and how to apply on the website of the EU Delegation to Namibia: The due date for applications is: 13 th November 2017

Youth Inside BUSINESS Corner 13 Teacher returns to heroine's welcome at Lüderitz van Rhjin PS

New Era

New Era Newspaper Vol 22 No 167