Investing is an essential part of personal finance management for everyone, and you can start with whatever amount you have. Don’t be intimidated and think that investing is only for rich people with millions, or that you need to be super smart to invest. Let’s look at where to invest R1000, or more if you have. This could be a once-off amount or a regular investment as part of a larger goal. Where can I invest R1000?
I really noticed a huge increase in my monthly food budget at the start of lockdown. My partner and I were suddenly spending lots of time at home and not only eating in more often, but with more time to cook, we eat better meals. This had an obvious impact on the monthly food budget.
Do you know what type of bank account is best suited for your current goals and needs? Be it daily transactional needs, business banking, long term savings goals, short term goals, emergency funds, etc. It may seem overwhelming but let’s just start by looking at what a 32 day notice account is and see how it works and why you would consider using one.
Here’s how to start an online store based on my recent experience while setting up this one on Take Charge of Your Money blog. The post is a good follow on from my article on how to start blogging in…
You’ve heard it before and it probably makes sense, but living within your means can be hard and sometimes one wonders whether it’s even worth it. Why deprive yourself from all that life has to offer simply to make you…
People often ask and debate about who the best asset managers in South Africa are. The Asset management industry hands out awards like winemakers, so it can be tricky to really know. Spoiler alert: this article won’t propose to give…
There’s a lot of talk near the end of each tax year about tax free savings accounts (TFSA). Social media is abuzz with photos and comments about maxing out the contributions. But what is a tax free savings account and what…
Tax filing season will soon be upon us. Not everyone is required by law to submit a tax return, but SARS does know where you live and most likely how much you earn, so they’ll be expecting their dues! Who…
As always, there was much hype and anticipation ahead of Finance Minister Tito Mboweni’s 2021 budget speech. The economic crisis, COVID, rampant corruption, and failing state owned enterprises. What would he do? Where will the money come from? More tax?…
Let’s look at how to find the best car insurance, what to consider and why there is no standard answer. No single product will work for everyone. What is the best car insurance? Before jumping in to all the details,…
Having debt sucks! The stress of dealing with debt can have an unimaginable toll on our lives. We all want to pay off debt, but the ultimate question is always about how to pay off debt faster.
As you know, I really advocate to track your expenses! How else do you know where your money is going and how much you have left? 22seven is a great budgeting app that will link to your bank account and…
It can be depressing when looking at the amount of tax we pay each month. More so when you consider that any extra money you make, through hard work and dedication, will also be taxed. You’re not alone when wondering…
It can be rather daunting to start to learn about personal finance. Where do you even begin? What’s the most important, and how do you do it all if you don’t have much money? This post is designed to give…
I update my personal finance spreadsheet almost monthly. I was sharing about it on Twitter recently when some users asked for a copy. So here is my personal finance spreadsheet. It’s just a template and can be customised to suite…
We’ve all had a somewhat challenging year and I thought to start the new year with some basic money management tips. Some may be things that you already do, and some hopefully are new to you, or they spark ideas…
So what are investment policies? You know, those things that were sold to you about 30 years ago. Or if you’re too young for that, the things that your parents took out when you were small. Probably to save towards…
South Africans are notoriously bad at saving money but wow, we can change that! Why not start to teach your kids about money? Have the conversations that you wish you had around the dinner table. Share feelings and emotions about…
