money

Back-to-school blues: 95% of parents stressed, 88% financially strained

The 2nd annual Back-to-School survey conducted by 1Life Insurance has shed light on the significant challenges parents face during the back-to-school season, revealing a stressful and financially draining period for families across South Africa. The survey found that 95% of parents experience stress when preparing for the new school year, highlighting the emotional toll that […]

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Ways to teach your children to be money-savvy at each milestone

As schools reopen in South Africa, learners tend to miss one critical aspect of their education, which is the basics of financial literacy. This goes beyond knowing how to open a bank account; financial literacy involves understanding budgeting, debt, saving and long-term financial planning. Stian de Witt, executive head of Financial Planning at advisory firm

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Prepare for back-to-school costs

South African parents and guardians are grappling with the financial reality of preparing their children for the school year. With many family budgets already stretched, the added expenses can feel overwhelming. The costs for essentials like fees, uniforms, textbooks and stationery add up quickly. Additionally, families must account for sporting equipment, technology, transport, class outings

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A glass holiday savings jar

Top 5 tips for a financially sound festive season

“It’s the most wonderful time of the year,” as the festive jingle says – but the season also brings temptations to overspend. From enticing sales to ‘buy now, pay later’ offers, it’s easy to fall into financial traps and begin the new year with regret. CreditSmart Financial Services urges South Africans to make informed financial

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A women holding a purple wallet

Challenge your negative money mindset

We often focus on mental wellness, self-care and overall well-being. However, one critical area of life tends to go unnoticed amid the clutter of positive thinking: our relationship with money. While we emphasise mental health, Thabo Qoako, consumer financial education specialist at Momentum Group Foundation, believes that how we feel about money plays a pivotal

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How to help your children develop a lifelong savings habit

July is National Savings Month in South Africa. In these challenging times, with many feeling the pinch, it is the perfect opportunity for parents to instil the value of saving in their children. Engaging and age-appropriate lessons and activities can transform the concept of saving into an enjoyable and practical experience for the whole family.

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