The festive season can be testing for even financially disciplined consumers, and by the time South Africans return to work, many will have spent more than they can afford. According to René Moonsamy, chairperson of the National Debt Counselling Association, it’s a cycle that repeats itself year after year, with debt counselling enquiries spiking every […]
How to navigate festive finances Read More »
The end of tax season brings a collective sigh of relief. You’ve completed all the necessary forms, hit ‘submit’ and either cheered a refund or grumbled at a payment. Although this marks the finish line of their annual financial duties in most people’s opinion, in reality it should be the starting point for the most
Tax return submitted? Now it’s time to schedule a financial check-in Read More »
While approximately four out of five South African adults have a bank account, a recent study by the World Bank reveals this has not spilled over into broader use of financial services, leaving many South Africans financially excluded. Adequate financial knowledge is critical to bridge the gap from day-to-day transactional savings accounts to financial empowerment.
Financial literacy crucial for sustainable financial inclusion in SA Read More »
For many reasons – including rapid technological advancements and the rising cost of living – having a ‘side hustle’ has become a mainstream reality for many South Africans. In fact, for people who want to steer clear of the 9-to-5 slog and work part-time or on a project basis, side hustles can be less of
From passion to profit: What to consider if you have a side hustle Read More »
Money is often a major source of stress – and for many men, financial worries can be particularly burdensome. According to Experian, men hold 20% more personal loan debt than women, alongside 16.3% more auto loan debt and 9.7% more mortgage debt. Rynhardt de Lange, director and head of Legal at MiLaw Legal, emphasises that
Men’s mental health, financial wellness and the burdens of debt and stress Read More »
“There are conflicting opinions surrounding debt review, also known as debt counselling,” says Wikus Olivier, managing director at CreditSmart Financial Services. “And I want to make it clear: Debt review isn’t for everyone. But, while some may give debt review the immediate thumbs-down due to not fully understanding the ins and outs of the process,
Debt review: ‘Rather pass’, or ‘perfect fit’? Read More »
Across Africa, the cost of electricity is on the rise. Compounded by inflation and other economic pressures, this puts additional strain on consumers. “With households already feeling the pinch, proactive measures to manage energy usage are essential to not only save money but electricity, too,” says Dr Andrew Dickson, engineering executive at CBI-electric: low voltage.
10 ways to slash rising electricity costs Read More »
Despite South Africans doing all they can to stretch every rand when they buy food, according to Stats SA the country is wasting about 10.3 million tonnes of food, valued at billions of rand across the production and consumption process, each year. Ensuring your purchases are well-planned and that food is stored and refrigerated correctly
‘Waste not, want not’ is the key to buying, storing and using food – and saving money Read More »