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Spend your bonus wisely: make it work for you

Spend your bonus wisely: make it work for you

As we approach the festive season, many professionals eagerly anticipate their annual bonuses – a well-deserved reward for a year of hard work. While the temptation to splurge is strong, Thomas Berry, Head of Sales at PSG Wealth believes using this money wisely can reshape your long-term financial future.
Allocating even a portion of your bonus to strategic investments can unlock opportunities for growth and financial security. Two smart options for South Africans looking to maximise their bonuses are retirement annuities (RAs) and tax-free savings accounts (TFSAs) says Berry.

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EBnet - What We Do

EBnet is a unique digital knowledge portal serving the retirement industry, covering the traditional institutional pensions, healthcare, and personal financial planning arenas.

  • We provide daily news and information to retirement fund fiduciaries.
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  • Showcase and introduce new technology solutions to the retirement fund industry.
  • Educate individuals on the need to plan properly for their retirement years.

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