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Cape Town - By quitting a daily cappuccino you could save nearly R40 000 within five years and more than R90 000 in a decade, says investment actuary Hildegard Wilson.
A member of the actuarial society, Wilson has crunched the numbers to demonstrate how South Africans can accumulate wealth by simply cutting out one guilty pleasure a day.
“With the power of compounding, where growth on your investment earns additional growth, these kinds of small breadcrumb savings can turn into large amounts over time,” Wilson says.
