Here's a quick explanation on how to calculate the interest that you can earn on your savings (or pay on your debt). Let's use an example of R1,500 in your bank account that earns 3.5% interest. First thing to note…
Category: Investing
Learn about investing and what to do with your money.
Understand short, medium and long term investments and understand how to read fund fact sheets and what to look out for.
Figure out how to manage your finances yourself and take charge of your situation and your future.
Calculate the Future Value of an investment
In this article we looked at the effect of extra payments into ones home loan (mortgage bond). That's all good and well, but what if you don't have a loan? Perhaps you would rather invest your money or save it…