Being financially secure is important if you want to reach your long-term goals and handle unexpected expenses with less stress. Saving and planning your finances wisely can help you build a better future. While many people find it difficult to stick to saving or follow a financial plan, there are some practical ways to get started and stay on track....
Finance Minister Enoch Godongwana delivered South Africa’s 2025 National Budget Speech on March 12, 2025. The 2025 Budget Speech wasn’t as harsh as many feared, especially with rumours of a 2% VAT hike swirling around. Here’s a quick rundown of the main tax points: Economic Growth The economy grew by only 0.6% in 2024. Looking ahead, GDP growth is projected...
The Ultimate Guide to Getting Loans for Bad Credit in South Africa The Ultimate Guide to Getting Loans for Bad Credit in South Africa Table of Contents What Are Loans for Bad Credit? Types of Loans Available How to Apply for a Loan With Bad Credit Tips to Improve Your Credit Score Comparing Lenders FAQs Conclusion What Are Loans for...
Learn how to protect yourself from scammers claiming to represent JSE-related services and avoid falling victim to their social engineering tactics. Recently, there has been an increase in phone calls targeting unsuspecting consumers, particularly older individuals, from people claiming to represent services linked to the Johannesburg Stock Exchange (JSE). These scammers use social engineering tactics to gain trust, often referencing...
Understanding the Two-Pot Retirement System: How It Impacts Your Financial Future The Two-pot system is now fully up and running, giving people the option to access part of their retirement savings before they actually retire. While having this extra flexibility sounds great, it could lead to some short-term spending habits that may affect your financial security in the long run....
Exciting changes are coming to the way we save for retirement in South Africa starting September 1, 2024! The new Two-Pot Retirement System is designed to help you save more effectively for the future, while also giving you some flexibility to access a portion of your funds when you need them. What’s in the Two-Pot System? Here’s how it works:...
Everyone is talking about the formation of the Government of National Unity (GNU). Ministers and Deputy ministers have been appointed. And while not everyone is entirely sure how things will play out, the change is set to bring some major benefits for everyday South Africans’ wallets. This coalition of different political parties is all about stability, unity, and getting things...
We all want the absolute best for our kids, right? And making sure they get a top-notch education is often at the forefront of our minds. But let’s face it, with the cost of education soaring in South Africa, it can feel like a pretty overwhelming task to fund our children’s academic dreams. That’s where the magic of an education...
Having money saved up for unexpected situations is really important, especially when the economy is uncertain. Here’s a simple guide to help you save up, even if it feels hard: Know How Much You Need: Figure out how much you want to save for emergencies. It’s good to aim for saving enough to cover your living costs for 3 to...
