In late February, Finance Minister Enoch Godongwana has presented this year’s Budget Speech – giving updates on how South Africans can expect their finances to change over the coming year. Outlining his speech, the Minister stated that “Households and businesses are still under financial pressure and are coping with higher obligations, the effects of Covid-19 and increased fuel prices...
Read More..Though it can be daunting, navigating complex conversations and agreeing on how you plan to spend your money and manage your finances is a hallmark of a great relationship. Throughout a relationship, there are many financial milestones to experience, celebrate, and endure. To set up both yourself and your partner for success, it’s vital to speak through many aspects of your current fi...
Read More..2021 brought with it many financial lessons – and from renewing your commitment to savings to securing your online banking, our easy-to-follow tips can help you make the most of 2022. Renew your commitment to savings After almost two years of restrictions and measures to control the COVID-19 pandemic, many regulations around work, trade, and gathering have been lifted – meaning that a...
Read More..Your child’s education is important– but can be expensive. Our helpful tips explore how you can save money on common back to school expenses. If possible, settle annual fees early Though there is no better advantage than ensuring your children have a great education, school fees are a major expense which requires careful budgeting and planning for. If it is within your means, many sc...
Read More..As part of our annual Summer Spending survey conducted in November this year, 6 400 South Africans shared their plans for the festive season with us - including where they plan to be, what gifts they would like and how much they intend to spend. Our research highlighted that South Africans are predicted to each spend an average of R6 326 over and above their usual monthly expenses dur...
Read More..Maintaining a healthy credit report is key to accessing both loans and other financial products. Our helpful tips can assist you in reviewing your report and ensuring its accuracy. Remind me, how does my credit report work? A credit report is a record of your borrowing and repayment behaviour that includes information on what credit accounts you have applied for, opened, and either ha...
Read More..Adopting a pet can be greatly rewarding, though expensive – our helpful tips can enable you to save money on a variety of costs including medical care. If you're deciding to get a pet, examine your budget first Adopting a pet can be rewarding and fulfilling and can bring much joy to both you and your new companion’s life. However, choosing to bring a pet into your home is a serious fi...
Read More..A pension is designed to help provide an income to an employee during their retirement – we explore how pensions are paid out, and how else you can supplement your income. What is a pension? A pension, or ‘pension plan’, is a fund into which a sum of money is saved during the course of a person’s employment. In South Africa, these contributions are typically made monthly. Pensions c...
Read More..
