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…

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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…
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…