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Nestle - Member Financial Wellness
16 Apr 2025
Emergency funds: how much is enough (and where to keep it)?
South Africa’s economic volatility makes emergency savings non-negotiable.
1. Calculate your target
- Aim for 3–6 months’ expenses. If you spend R15 000/month, save R45 000–R90 000.
2. Choose the right account
- Tax-free savings account: Earn interest tax-free (max R36 000/year deposits).
- Notice deposit: Higher interest for locking funds for 32+ days.
3. Start small
- Automate R500/month – it adds up to R6 000/year.
Next steps
Book your free 45-minute session with me today using the Contact button above.
