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How Much Should I Save for Retirement?

For most of us, managing our debt, savings, and keeping a healthy budget from month-to-month can be a tough task – however, keeping a healthy cash flow is only part of setting yourself up to reach financial freedom. What is also important is to consider what you will be able to save for your retirement. While retirement might seem like a concern for the future, the best way to set you...

What Can You Do to Help a Friend in Debt?

Good friends support each other in tough times, and having a friend in debt can be a stressful experience. Money can be a very emotional subject between friends and family, and many people can be afraid of being judged for their financial decisions. However, if someone you know is in serious debt and needs help, there are several simple things you can do to help them in their time of...

How You Can Save Money on Your Cell Phone Bill

In the past couple of years, smartphones have become a major expense for most South African households – and many of us not only want the latest and greatest gadget, but also enough data and talk time to keep in contact with our friends and family. If you use your phone often, you might find yourself paying large amounts to your mobile phone bill each month. Luckily, we’ve got some ha...

What Makes Petrol so Expensive, and What Does It Mean for Your Pocket?

In recent months, South Africans have felt the frustration of rising petrol and diesel prices that have made travel far more costly. In this article, we’ll be taking a closer look at just why petrol is so expensive in the first place, and how you can budget effectively should petrol prices increase in the future. What informs the petrol price? In South Africa, the price of both petrol...

5 Cash Saving Hacks to Maximise Your Monthly Budget

Planning for a full month can be difficult – rising costs, unforeseen expenses, and family emergencies can make saving enough money to cover your expenses a frustrating process. Fortunately, there are several simple ways that you can save money each month to supercharge your budget. Here are 5 quick and easy cash-saving hacks to give you more bang for your buck. Banking fees and getti...

What are Debt Traps, and How Can You Avoid Them?

Maintaining a healthy relationship with credit can be key in securing your monthly cash flow and managing unforeseen emergencies. However, not all debts are made equal – and ‘debt traps’, as they’re often called, are situations where debt can be extremely difficult or impossible to escape from. Store accounts Stores often promote their own accounts and card services with promotions an...

5 Ways to Become Financially Independent

The road to financial freedom can be a long and difficult one, and unforeseen expenses and unplanned emergencies can complicate the journey. However, five simple takeaways – if used effectively – can grant you the ability to maximise your budget and enjoy the most life has to offer. Build an emergency fund A great salary, savings account and a budget are all key in developing sound fi...

Things you need to know about the 2018 Tax Season

With the 2018 tax season in full swing, SARS (South African Revenue Service) has made some changes to reduce the number of people visiting their offices. In this article, we’ve summed up the most important points taxpayers need to be aware of. 1. The 2018 Tax Season will be shorter This year, the tax season will be 18 business days shorter than usual, to allow more time for verificati...