Tag: money

The two-pot system 101

The South African government made the executive decision to make changes to the retirement savings system by introducing what they have coined the two-pot system. This system, which affects current and future retirement members aims to simultaneously advance the conservation of retirement investments up until individuals retire while allowing a controlled amount of access to […]

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Da L.E.S family seeks financial assistance for medical bills

Soon after announcing his unfortunate hospitalisation due to suffering a stroke, the family of Leslie Jonathan Mampe Jr, more popularly known by his rap name Da L.E.S has reportedly reached out to his close friends for financial assistance. According to ZiMoja, the rapper’s mother, Priscilla sent out a note appealing to his close friends to […]

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DJ Maphorisa reacts to Sir Trill’s non-payment claims

DJ and record producer Themba Sekowe, popularly known as DJ Maphorisa did not hold back when it came to showing receipts after musician Sir Trill claimed that an alleged ‘Grootman’ was behind him not releasing music and not being paid. Sir Trill, whose real name is Mzwakhe Zwane, recently appeared on rapper L-Tido’s podcast where […]

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This is how your mental health affects your financial decisions

Living with a mental health condition or disorder has an impact on every aspect of your life because for everything to go well, your mind needs to be in the right space. You’re able to make sound decisions and life-changing resolutions when you are mentally stable. This includes your financial life. Whether we like it […]

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Teach your child to be moneywise, here is how

Being comfortable with money is an important life skill to teach our children. Understanding the dynamics of earning, spending and saving gives them a solid foundation for success in life, by Sylvia Walker. Parenting is one of the toughest jobs on Earth. There’s no ‘how-to’ guide; you simply need to be a good all-rounder and […]

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5 Tips on how you can teach your children financial literacy

As a parent, teaching your children the fundamentals of financial literacy is vital as it ensures that they understand how money works. Nedbank says that early financial knowledge is vital for a secure financial future. As the centre of their universe, you should begin teaching these lessons early on when kids are more inclined to […]

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Beginner’s guide on how to manage your credit card

As a first-time worker, getting a credit card can be tempting, especially given how expensive things can be. However, it is crucial to remember the reason why you have a credit card and ensure that you have the discipline to spend the money wisely. A lack of knowledge surrounding credit cards causes people to have […]

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Sthe Bhengu’s baby daddy in hot water amidst money laundering allegations

Social media influencer Sthe Bhengu’s baby daddy Fidelis Moema has been arrested for his alleged involvement in money laundering, fraud and theft at KPMG. Fidelis Moema, a bursary specialist at auditing firm KPMG handed himself over to the Hawks for allegedly embezzling R16,5 million which was meant for eligible bursary recipients. It is alleged that […]

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WATCH: Guy stressed by his tax being over 25k monthly

The economy in South Africa is continuing to rise making it impossible for many people to keep up with their lifestyles. Another problem faced by other South Africans is the increase of their tax when they get permanent jobs. A guy shared a video of himself on his TikTok account @utlimate_dr_molawa whilst he wrote, “After […]

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Why should you avoid impulse buying?

Some people believe that retail therapy calms them down and that they need to constantly buy things, but what happens when you start turning it into a habit? Everybody has different needs and wants, and in today’s economy, money is needed to survive. For example, buying winter clothes is a necessity given the change of […]

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How to navigate finances as a couple

Bickering over money erodes the foundation of your relationship. No two people think alike, and differences of opinion can cause major conflict. Poor or reckless financial decisions affect your security in a relationship. Feeling financially secure is a basic need, and if this is damaged, it can lead to anger, resentment and disrespect. This leads […]

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