Standard bank has launched the 10% Millionaires Movement, aimed at helping young people develop the right mindset and skills to build financial independence. The Movement invites South Africans to save or generate their first R100 000 – 10% of a million rand – by the age of 30. This can be done by putting away R300, R500 or R1 000 a month and grow this, to realise their first big financial goals. Standard Bank said it’s driving this Movement to help address the high youth unemployment rate in SA and boost local economic growth.
