Easter is a significant occasion for many South African families, and it often requires advanced planning to ensure a successful celebration. For most families, the customary way to mark Easter is by having a family lunch, while others opt to travel during the long weekend. Given the expenses that come with hosting an event, traveling, or exchanging gifts, it's crucial to adhere to a...
Read More..Timeless money tips serve as a valuable tool for assisting us in implementing practical and relevant financial strategies. Before delving into these timeless classics, it's vital to address a few considerations regarding personal finance management. These considerations include diligent tracking of income and expenses, as well as setting long-term financial goals. Every aspect deserve...
Read More..07 December 2015 - With the festive season drawing closer, South Africans are already planning for the holidays. With pricey family gatherings and Christmas shopping on the cards, it’s important that consumers make wise financial decisions. This is according to Craig Whittaker, Head of Product at Wonga SA, who offers the following festive season advice to consumers in order to limit t...
Read More..When it comes to managing your money, working without a budget is not likely to lead you to financial security. Your debt situation won’t improve, your savings won’t grow, and you’ll miss out on the feeling that you can take care of a crucial part of life. Having a financial game plan makes you focus on the way you use your money and helps lay the ground work for a bright future. This...
Read More..Have you ever sat down and considered the affordability of your debt and whether the short term loans, student loan or any other type of finance you're borrowing is good debt or bad debt? How much thought do you put into the cost of that debt and whether there is a better alternative? Do you ever sit down and actually work out how much everything you borrowed would cost to pay back ov...
Read More..29 July 2015 - The second annual Wonga customer survey has shown that a greater awareness and understanding of how money works is much needed to get on to the road to financial wellness. More than 18 000 customers responded to the survey which was conducted in May this year, many admitting that saving remains a massive issue. Wonga SA CEO, Brett van Aswegen, said the results of the su...
Read More..19 May 2015 - After an extensive investigation, payday loans provider Wonga SA has ascertained it is being used as a front for an elaborate phishing scam that has seen some consumers out of pocket after falling for the false notifications. Consumers have become vulnerable to the SMS and email messages with many making contact with the rogues, handing over personal information details...
Read More..At Wonga, we want to challenge you to start a savings plan if you don’t already have one. Our challenge to you is to try and save 10% of your salary each month and not touch it, unless you have a real need for the money due to a financial emergency. And no, we don’t mean for that ‘awesome’ pair of shoes you saw in the mall yesterday or the latest game release on Xbox. If you are able...
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