Quick Hot Tips

• Stokvel Tip: Plan ahead and ensure that you receive a windfall amount when it is needed and not before, otherwise you will be tempted.

• Stokvel Tip: It is wise to join a burial society stokvel to cover funeral costs, as you are able to claim for burial costs much quicker, and can opt out easier.

• Stokvel Tip: When joining a stokvel, see if the savings account offers tax-free solutions for member contributions.