Sponsored Post When applying for a loan in South Africa or anywhere else in the world, a little understanding of important financial terms goes a long way. Therefore, it's crucial to be familiar with interest rates if you want to…
Tag: interest
What is inflation?
How inflation teams up with time to rob you! What is inflation? We know that moment all too well standing at the pay point, card in hand; the sudden realization that the cost of our groceries has spiraled upwards over…
How much is your car actually costing you?
First published in City Press Car ownership is essential for many South Africans, but even if you don’t absolutely need a car, it sure makes life easier! The convenience of just going to where you need to be can’t be…
Nqobile’s debt story
A real story from a reader! Unedited So the year was 2017 (I was 23 years old at the time), in April my 2 friends were building houses for their families and were asking me for financial assistance because they…
Finding the best Student Account
This article first appeared in City Press The more traditional banks offer accounts tailored to young people and students. Some require you to be a full-time student, while others simply look at your age as a qualifying criteria. These accounts…
Is it better to save money or pay off debt?
Is it better to save money or pay off debt? Debt is obviously expensive, but there is a great argument to be had to start an emergency fund
The true cost of the home loan initiation fee
There are so many fees, taxes and costs involved when purchasing a property that it comes as a relief when the bank offers to add the home loan initiation fee on to the loan so that you don't have to…
How we’re taught that we need debt
We live in a very strange world in which financial institutions (banks and those that like to offer you debt) keep telling us that they care for us and want us to live our best lives, and then they insist…
Should I sell my car?
My partner and I are in a very fortunate position where we both own a fully paid for car. This is great and super convenient, but does it really make financial sense? I've been thinking about selling one of the…
Credit Cards – the pros and cons
Credit cards are really useful and convenient now days, but it's so easy to fall into debt and your finances can quickly spiral out of control. There are however both pros and cons to using credit cards and we'll explore…
Perceived effort of Saving
Speaking to a colleague the other day I was struck by his laziness to save money. I need to clarify that though, he does save money and has some investments, but he isn't interested in learning or understanding finances and…
Making sense of Fund Fact Sheets
Deciding where to invest your money can be a daunting task and it may seem that you're not "qualified" enough to do it. Chances are that you have what it takes though and you don't need to blindly follow the…