The advancement of technology has greatly simplified many aspects of our lives. Although many of us still manage our money using traditional methods, using financial apps is a great way to maximise how new FinTech can assist us. Typically, apps are extremely simple to use and download, and before you know it, you may have found one that quickly becomes one of your favourite options...
Read More..Like every subscription company, from internet, cell phones, TV, gym, satellite, insurance, and movies, what these subscriptions all have in common is some sort of promised beneficial time period that is normally pitched at you with a promise, a promise to possibly get more for their 12-month subscription. Paid Streaming Video Services With the economy being highly volatile at the m...
Read More..In June this year, we conducted a survey and asked South Africans how they spend their money, and what their financial aspirations and goals are. We had a great response with over 12700 of you responding. We asked a series of questions pertaining to current income, level of education, ownership of assets like vehicles and property, as well as financial priorities and long-term financi...
Read More..With the colder months just around the corner, we often see electricity bills climbing as we need to heat our homes, cook warm meals and spend more time indoors. One of the challenges most of us face is a spike in electricity costs over winter. We have put together some winter tips to consider if you are looking to reduce your monthly bill. Actual vs Estimate Invoice Readings If y...
Read More..Entering into adulthood and having to “make it on your own” can be a daunting undertaking for most of us. Just as we think life couldn’t get any more challenging after completing school or tertiary education, the realisation that we now must forge our own path can come as a bit of a shock to the system. Job hunting, finding suitable accommodation and learning to manage your money are...
Read More..‘Buy Now, Pay Later’,sometimes also abbreviated to BNPL, is a form of money-lending where a customer may opt to make a purchase through instalments, spread over a specific period of time – usually a few weeks. BNPL has become increasingly commonplace in South African e-commerce websites and certain physical retailers. In this helpful guide, we’ll explain how this payment arrangement w...
Read More..Service fees ‘Service fees’ are various charges that might be issued against your account to access various banking features. Some of these charges may include: Deposits Depending on your bank account, you may be charged different rates to deposit cash into your account to spend digitally. Typically, most banks will levy a charge based on the amount you wish to deposit. Withdrawals –...
Read More..In late February, Finance Minister Enoch Godongwana has presented this year’s Budget Speech – giving updates on how South Africans can expect their finances to change over the coming year. Outlining his speech, the Minister stated that “Households and businesses are still under financial pressure and are coping with higher obligations, the effects of Covid-19 and increased fuel prices...
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