Doctor encourages people to focus on saving money

A MEDICAL doctor has encouraged people to seriously save for retirement and see the different options at Nambawan Super Limited (NSL).
Dr Perista Mamadi, director of curative services for Milne Bay’s health authority (PHA), responsible for the Alotau Hospital, knows the hard work, patience and commitment that’s required for success all too well.
“There are opportunities you may be missing, and you have to see them in order to change your results,” he said.
“This affects my savings behaviour and the decisions I make in terms of where I am saving more.
“When you get paid an increase or bonus for instance, that is money you could save if you don’t end up spending it.
“I use mobile banking to quickly transfer what I deem savings, into my savings accounts.
“You have to change how you see things in order to change your results, especially if you’re unhappy where you are right now in your financial journey.
“I see myself as a shareholder of Nambawan Super rather than a contributor.
“Nambawan Super is not like a bank, because when banks make money, I do not.
“At Nambawan Super, I make money through my contributions, which are growing each fortnight and earning interest each month.
“With Nambawan Super, I also receive a crediting rate interest on my savings, which I like to think of as a dividend at the end of every financial year.
“In PNG, many are accustomed to making money and spending all of it.
“We have to look at our finances from an investment perspective rather than a liability perspective.
“Our lives will improve as more and more people become financially literate.