The festive season is about relaxing and spending time with loved ones, but it can also put serious pressure on your wallet. Between gifts, travel, entertaining and tempting sales, holiday expenses can quickly spiral. Before the new year begins, take some time to reset your finances. Also see: How a financial adviser can help you achieve […]
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Side hustles are no longer reserved for adults looking to earn extra income. Across South Africa and around the world, teenagers and young adults are launching businesses, building personal brands and finding creative ways to make money long before entering the traditional workforce. From selling handmade products online to creating content on social media, […]
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How To Create a Monthly Budget That Actually Works (And Stick To It) Almost everyone has created a budget at some point. And almost everyone has abandoned one. The problem isn’t that budgeting doesn’t work. The problem is that many budgets are too strict, too complicated or completely disconnected from real life. Life happens. Cars […]
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10 Smart Money Habits That Build Wealth Over Time When people imagine wealthy individuals, they often picture six-figure salaries, luxury cars, or lucky investment wins. But the reality is usually far less dramatic. Most wealth isn’t built overnight. It’s built quietly, through small financial decisions repeated consistently over many years. Financial experts consistently point to […]
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A Month in the Life of a “Comfortable” Salary When someone in South Africa earns R31 000 a month, many assume they’re doing okay. But one man who goes by @eds5439 walked viewers through his monthly costs, and what he had left was a shock to many. He began with unavoidable deductions: tax at around […]
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achieving financial wellness doesn’t have to be overwhelming. With the right strategies and mindset, you can take control of your finances, reduce stress, and work towards your financial goals. Here’s how to embark on a money makeover journey that’s both effective and manageable. 1. Build a Solid Financial Foundation Before diving into saving and investing, […]
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If you are married, it’s important to understand what will happen to your marital property when you die. Samke Mhlongo explains what is involved when claiming from your spouse’s estate after their death. Picture this: you’re watching an African movie about a loving husband, his wife and their two young children. The husband dies from […]
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Giving your children the education they need to build a successful future is something most parents strive for. Samke Mhlongo shares the various options available for planning for your child’s education, and how they work. “At least you don’t have to pay school fees, mngani!” That is what my childhood friend says whenever I complain […]
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In the midst of the global coronavirus pandemic, people aren’t just fearing for their physical well-being, but their financial health too. Image: Pexels TymeBank’s Chief Strategy Officer, Greg Illgner shares 5 ways to stay financially fit during a global pandemic: 1. Don’t panic. Now is not the time to make any rash decisions with your money. […]
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Are you financially prepared for a being a mom? Samke Mhlongo provides steps that you need to take towards planning for a baby. Pictures: XX Every time my daughter’s birthday comes around, I can’t help but think back to that sunny Cape Town afternoon when I found out I was pregnant. With both hands on his […]
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Need to claim from UIF but not sure where to start? Here's a basic guide to claiming UIF to help you out.
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If you’ve been declined for a personal loan or a dream job, it could have something to do with your credit score. Samke Mhlongo explores why that is and how you can avoid it. Pictures: XX One of the clips from a #BONAMoney livestream went viral on social media, and in it I answer which […]
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