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SA unemployment rate rises to 33.2%, sparking concern over economic recovery

The Money Show

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Youth, Finances, and Mental Health

This chapter explores the rising suicide rates among young South Africans aged 21 to 35, driven by financial pressures and expectations to support their families. It discusses the emotional toll of managing multi-generational financial responsibilities and the complexities faced by those newly entering the job market. The narrative underscores the importance of personal financial stability as a foundation for assisting loved ones, alongside considerations for risky investments and the psychological factors influencing financial decisions.

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