July 2025 Finance Newsletter: Save Smart...Invest Wisely

One Money Move: Build your saving and investment habits and skills 

Saving and investing is exciting, especially watching your money grow, as you work towards your financial goal, with the peace of mind that you have savings to fall back on should your circumstances change.  

Saving is both a habit and a mindset shift.  It’s about making the decision to put money aside, every month, before you start to spend your income.   

Investing, on the other hand, is what you do to get your savings to grow. You may have a short, medium and long-term goal in mind, and a professional financial adviser can help you choose the right investment vehicles to grow your savings so you can reach your goal, whether it be a car, a deposit on a house or retirement savings. 

As the cornerstones of financial stability, it’s worth putting time into building your saving and investment knowledge and creating solid saving habits that will motivate you to continue to save, especially once you start to see the benefits. 

So often we tend to delay saving, saying we will start to save next month or next year. You may even feel you can’t save on your current salary. However, just like spending, saving is a habit. When you give up that daily take-away coffee and put money into a savings account, these funds will grow. As your savings grow, you can start to explore how you can invest your savings to earn an even bigger return on investment. 

Tip: Start small – but start! 

Simply Surviving: Meet Mandy, she got divorced last year. When she moved into her own place, she had to borrow money from her parents for the deposit, as she didn’t have any savings. Her ex-husband had been handling the finances, and she realised she had a lot to learn. With the help of her coach, she now has a monthly savings plan in place. She is determined to pay back her parents and get her personal finances on track.  

Steadily Striving: Jabu has been saving every month for the past two years.  His father recently passed away, and he needed to contribute towards the funeral costs. He was so relieved that he could tap into his emergency savings and not put himself into debt.  He plans on meeting with his financial coach as he wants to rebuild his emergency fund as soon as he can, as he has seen firsthand the benefit of having savings to fall back on.  

Totally Thriving: Elizabeth has, under the guidance of her financial coach, saved an emergency fund equal to three months of her net salary. She has also met with a financial advisor, who explained the benefit of contributing more to her retirement fund, and she is expecting to receive tax back this year.  She is growing her investment knowledge and, with the help of her advisor, is exploring how to diversify her investment portfolio. 

Contact a financial coach to get started. Start building your saving and investment habits and skills today!