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Savings groups help you plan for the future with people you share a common vision (Photo: iStock)

Learning how to be wiser with your money takes time. Aside from practising self-control to develop healthier spending habits, you must also educate yourself on the values of saving and investing. However, most people just join savings groups.

Savings groups or chamas are not a new phenomenon, chances are; you have either heard about them or are a member of one.

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