I’m looking at buying a new car sometime in the next year or two as mine is over 10 years old and not as comfortable as I’d like. In fact, my partner and I have started doing more road trips and camping and our current cars just don’t make the cut.
This has led me to some thinking, and calculations. Is it better to save up and buy a car for cash, or does car finance make sense? In fact, is there an argument for using car finance, and if so, what would it be?
If you’re following any personal finance blogs and accounts, you’ve probably heard of the FIRE movement. That is, Financially Independent, Retire Early. You have probably wondered whether it’s really possible to FIRE in South Africa as the bulk of the content is US based and clearly in a different economy and financial status. So, let’s look at this.
This may not seem like the usual kind of post for a personal finance site. But, being happy in life is probably the most important thing to us all, even if we aren’t fully aware of it. All aspects of your life need to align in order to find happiness; including your finances. So then, let’s look at how to be happy in life and how to have happy money. I mean, life is too short to just be slogging away at a boring job and eeking out a living.
Let’s not beat around the bush – times are tough. Rising prices at the petrol pumps and the grocery store are alarming, particularly when your salary doesn’t seem to keep up with inflation. It feels like everything is getting more…
Last updated on 29 July 2022 Insurance in your rented home: what are the responsibilities of the tenant and the property owner?
Tax write-offs for US expats, in partnership with TFX. Written by Veronica Rhodes. Many US citizens living abroad keep their rental properties back home and either live off the rental income, or use it to fund investments. There are however a…
Read More Tax Write-Offs for US Expats with Rental Property back home
Opening a tax-free savings account (TFSA) should be the first port of call for any first-time investor, but how do you choose which TFSA is right for you? Wessel Brand, Portfolio Manager at Sygnia Asset Management, has the answer.
Last updated on 26 April 2022 Investing for the first time needn’t be scary or overwhelming, writes Wessel Brand, Portfolio Manager at Sygnia Asset Management, as long as you know the secrets to starting out right.
I’m looking at buying a new car sometime in the next year or two as mine is over 10 years old and not as comfortable as I’d like. In fact, my partner and I have started doing more road trips…
Last updated on 5 May 2022 There are many car insurance products out there and it can become a bit overwhelming deciphering what they all mean, which can make it hard for you to decide whether it’s something you should…
Last updated on 27 June 2022 Did you know? Here are 7 things that you can’t claim from your car insurance. Supplied by Naked. Car insurance is there to cushion you against the financial losses associated with unpleasant and unforeseen…
Last updated on 14 February 2022 Remember the fable of The Tortoise and the Hare? The one where the arrogant hare thought that he could so easily outrun the tortoise that he decided to have a nap? The slow and…
Last updated on 2 May 2022 Funeral cover is big business in South Africa! For many, funeral cover is deemed absolutely essential and some folk even take out multiple policies. But do we all need funeral cover? Is there a…
Last updated on 14 February 2022 If you’re read my post on how to run a side hustle you’d probably remember that I speak about opening a separate bank account for your business. This is quite easy and affordable if…
In the past we used to always have to know our individual bank branch code in order to receive payments from people. These days though all banks use a universal branch code which means that we just provide our account…
Last updated on 14 February 2022 Have you ever tried the envelope system for budgeting? It’s such an easy and common-sense way of managing money that you can’t really go wrong. In fact, my Mom still uses the envelope system.…
There’s a lot of talk on social media about side-hustles and especially about making money with affiliate marketing. But what is affiliate marketing and does it really work well in South Africa? Who can do it, and how does it…
Last updated on 4 March 2022 If you’re following any personal finance blogs and accounts, you’ve probably heard of the FIRE movement. That is, Financially Independent, Retire Early. You have probably wondered whether it’s really possible to FIRE in South…
