Our Minister of Finance’s budget speech is not only going to be under the magnifying glass by rating agencies this week but also by South Africans. Some announcements can have an unfortunate effect on over-indebted individuals. Many South Africans are already applying for credit on a huge scale as it is. And if indirect taxes,
It is that time of year – red roses, chocolate hearts, and dinners by candlelight. Ah, the month of February (sigh). Nothing in the world can come between you and your Valentine, right? Not necessarily. These days more and more romantic relationships are on the edge because of debt’s sly interference. Relationships need constant attention
Life is always throwing curve balls and from time to time you will have to deal with unexpected additional bills. That is why it’s important for you to save extra money for an emergency fund as it enables you to confidently take on the financial challenges life throws your way. An emergency fund refers to
Now that 2017 is in full swing a lot of people are still working hard on making a success of their resolutions. Most people promise themselves to become better people this time round, right? And the first thing many “resolutionists” do is to join their local gym. Is it a good choice? Not always. The
It is the ideal time to clear your mind and to start thinking about clever ways to do a few things differently this year. One of the most important things to consider is how to find some financial stability. The GROW coaching model is effective in reaching financial goals. This model enables you to plan
The big December summer break is here, and plans are being made for holidays, family get-togethers, gifts, and fun activities. But these plans cannot be made in isolation: they need to be attached to a budget. Without a budget, the fun is either not going to happen or it’s going to break the budget to
Christmas day is almost here and while many families are going to financial extremes for this special time of year, numerous South Africans have to make the most of a tight budget. Has 2016 taken its toll on your savings, leaving you stressed about Christmas? Don’t worry there are quite a few ways to enjoy
South Africa’s economic news is understandably making everyone nervous. From recent fraud charges that were laid and withdrawn against our Minister of Finance, high tax rates for 2017 to escalating fuel prices. Although these financial realities are staring South Africans in the face, do not lose hope. There are a few things we can do
Car repossession has a major impact on your life. Everything becomes more difficult – getting to work, getting the kids to and from school, medical emergencies… So you want to hold on to your car as much as you can. But what if you can’t afford the installments anymore? Can the bank immediately repossess your
When was the last time you could look back at the past month and think “wow, I really saved a lot of money!” – And I’m not talking about “saving” money from the 25% discount you received when you bought clothes. No, I’m talking about saving cold hard cash, tucked away in a bank account