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Festive Spending Survey: South Africans Set to Spend Over R200 Billion this Holiday Season

As the holiday season approaches, many of us are preparing to celebrate in the middle of a complex financial landscape. According to our sixth annual Summer Spending Survey, R224 billion in spending is expected during this festive season, representing a 4.4% decline from the previous year.       Despite this slight dip in overall spending, the average budget allocated for extra festiv...

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What are the Cheapest Types of Loans?

Affordable loans with Wonga South Africa Everyone wants the cheapest loan they can find and Wonga boasts some of the most affordable loan interest rates in South Africa. We offer loans between R500 and R4000 for new customers and returning customers can borrow up to R8000. Our cost-effective instalment loans can now be taken for up to 3 months for new customers, and up to 6 months for...

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How to Save Money on Social Occasions

Once in a while, everyone has the chance to enjoy a special occasion – whether it’s their birthday, the day of their wedding, Christmas, or other important life events. Celebrating those special days gives us memories we hold onto long into old age – and often, we become determined to make a special memory by spending our money on clothes, food, or gifts to suit the occasion. While sp...

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How to Improve Your Credit Score

Most of us rely on credit at some point in our lives – when a company or person (called a provider) lends us an amount of money that they expect will be repaid over time with interest. We might use credit for different things – for example, you might want an loan to cover an unforeseen expense, a credit card to pay off large purchases over time, or finance  for a new car. When you app...

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Our Ultimate Festive Finance Guide

That time of the year has arrived once again, and it's all about how we can best negotiate a wonderful festive season and still remain financially secure for when January arrives.  We’ve compiled essential pointers to guarantee a wonderful holiday season without breaking the bank. From buying Christmas gifts on a budget, to sharing the catering bill, these simple ideas will have you f...

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4 Money Saving Tips for Sizzling South African Summers

In South Africa, we’re lucky to not only have a diverse and amazing mix of cultures, but we’re also privileged to have some of the most beautiful landscapes, mountain ranges, and beaches in the world. When summer comes and days get longer, spending quality time with friends and family can be great fun – but that can also mean greater expenses from things as simple as keeping cool!  Wh...

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How Much Should I Save for Retirement?

For most of us, managing our debt, savings, and keeping a healthy budget from month-to-month can be a tough task – however, keeping a healthy cash flow is only part of setting yourself up to reach financial freedom. What is also important is to consider what you will be able to save for your retirement. While retirement might seem like a concern for the future, the best way to set you...

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What Can You Do to Help a Friend in Debt?

Good friends support each other in tough times, and having a friend in debt can be a stressful experience. Money can be a very emotional subject between friends and family, and many people can be afraid of being judged for their financial decisions. However, if someone you know is in serious debt and needs help, there are several simple things you can do to help them in their time of...

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