Entering into adulthood and having to “make it on your own” can be a daunting undertaking for most of us. Just as we think life couldn’t get any more challenging after completing school or tertiary education, the realisation that we now must forge our own path can come as a bit of a shock to the system. Job hunting, finding suitable accommodation and learning to manage your money are...
Read More..‘Buy Now, Pay Later’,sometimes also abbreviated to BNPL, is a form of money-lending where a customer may opt to make a purchase through instalments, spread over a specific period of time – usually a few weeks. BNPL has become increasingly commonplace in South African e-commerce websites and certain physical retailers. In this helpful guide, we’ll explain how this payment arrangement w...
Read More..Service fees ‘Service fees’ are various charges that might be issued against your account to access various banking features. Some of these charges may include: Deposits Depending on your bank account, you may be charged different rates to deposit cash into your account to spend digitally. Typically, most banks will levy a charge based on the amount you wish to deposit. Withdrawals –...
Read More..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...
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