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How to deal with retrenchment

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The Money Show’s Bruce Whitfield interviewed Private Banker and Personal Finance Consultant Samke "Sam" Ngwenya.

Ngwenya spoke about how to deal with retrenchment.

She shared some practical steps you can take after (or before) receiving that letter.

Scroll down for quotes from the audio below.

Get debt protection from your bank.

Samke "Sam" Ngwenya

Most financial advisors suggest having six or eight months’ salary in an emergency fund.

Samke "Sam" Ngwenya

Approach your bank as soon as possible.

Samke "Sam" Ngwenya

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Article brought to us by Old Mutual.


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