Wonga News

In the news

Budgeting for Gig Workers: Navigating a Fluctuating Income

Whether you work odd jobs, have a side hustle, or simply prefer to work in various roles, the ‘gig economy’ is booming - offering individuals the flexibility to work on their own terms. However, this flexibility also comes with the challenge of managing a fluctuating income. For ‘gig workers’, this means that budgeting can be a complex task. With that in mind, here's a guide to help y...

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Actionable Tips to Use AI to Boost Your Financial Goals

The advent of new AI models like ChatGPT, Gemini, Copilot, and Claude has opened a world of possibilities. These powerful language models can help you tackle tasks and challenges with unprecedented speed and efficiency. As users continue to discover new applications for these AI tools, it's becoming clear that they can also significantly impact your financial well-being. AI as a Perso...

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Consumer Spending Survey 2024

At Wonga, we understand the financial challenges faced by South Africans as economic pressures continue to mount. To get more insight into consumer spending, we ran our Consumer Spending survey in May and June 2024 and had almost 4500 respondents tell us how they are spending their money. The survey provides revealing insights into how individuals are managing their finances amid risi...

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Embrace the Winter Chill

As the winter chill settles in over South Africa, it's more important than ever to stay active and take care of your physical and emotional well-being. The transition to colder weather can often lead to a more hibernating lifestyle and a sense of isolation, making it even more crucial to stay engaged both physically and mentally. The good news is that you don't need to break the bank...

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Our One Click Journey and Enhanced Self Service Options

Here at Wonga, we've long been synonymous with quick and easy personal loans in South Africa, providing tailored financial solutions with lightning-fast turnaround times. As the fintech landscape evolves, we're committed to revolutionising the borrowing experience, making it even quicker and simpler for our customers. Building on our legacy of speed and innovation, our customers can a...

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The Impact of Artificial Intelligence in Personal Finance

In today's rapidly changing digital landscape, Artificial Intelligence (AI) is transforming many aspects of our lives, including how we manage our personal finances. From budgeting and investing to financial advice and fraud detection, Artificial Intelligence is changing the way people manage their money. As AI technologies advance, their impact on personal finance becomes more profou...

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Exploring Micro-Investing

In an era where financial literacy and investment opportunities are becoming increasingly accessible, micro-investing emerges as a beacon of hope for individuals eager to dip their toes into the world of finance. This innovative approach to investing offers a gateway for South Africans to build wealth, regardless of their income level or financial expertise.   A Short Introduction to...

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Gratitude: The Currency of True Wealth

In today's consumer-driven culture, gratitude often takes a back seat to the relentless pursuit of wealth and material possessions. However, acknowledging the positive aspects of our lives can profoundly influence our financial perspectives and what we truly value. Cultivating gratitude fosters a sense of contentment that transcends mere financial worth. Let's explore how embracing gr...

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