Posts by Ross Reid

Ross Reid

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Ross has joined the 22seven team as a Slice and Blog writer. He's a keen financial writer who enjoys demystifying the world of finance. Ross is currently pursuing the CFA designation and has a background in Real Estate finance and investment. In his spare time, he can usually be found reading, running or on the football field.
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Claiming Tax Deductions While Working From Home 🏡

With the “new” normal quickly becoming just normal, working temporarily or permanently from home is starting to become a reality. If you’ve made the transition, you may be wondering if you’ll be able to claim any tax deductions for any work from home-related expenses.  Are you an employee?Running your own business as a sole proprietor,… Read more →

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Saving money with limited sacrifices

When exploring ways to save or earn a little more money becomes more work than it’s worth, it’s time to re-evaluate your thinking. Saving money should be simple and when it’s not, we don’t often follow through. That’s why we’ve put together a few of the easiest ways to save, starting right now. These tips… Read more →

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Money saving hacks

Everybody wants to save money, but actually saving money is difficult. It’s natural to feel like saving money is a sacrifice, as we are deferring present spending for use in an uncertain future. Struggling to actively make changes to your spending habits will often leave you frustrated.  However, by not saving you are constantly having… Read more →

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Good As Used 🚙

If you were considering buying a car before lockdown and you still have the ability to do so, now would be a good time to do so. The used car market has experienced large price declines as a result of the lower demand caused by the lockdown. Vehicle financing is also looking cheaper with our repo… Read more →

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Exposing the secrets to becoming wealthy

Many of us dream about being wealthy. It feels great but this feeling often fades before we’ve even gotten out of bed. Maybe someday you’ll think of the next great business idea which could turn you into the next self-made millionaire. However, building wealth isn’t about putting your hopes into “someday”. Neither does it require as… Read more →

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Identifying Good Money Habits 🏅

For most of us, having excess money to invest and save at the end of the month seems nearly impossible. Being told to be frugal and trying to not spend money on things we want is easier said than done. With money being perceived as limiting and associated with what we “CAN’T” do rather than… Read more →

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Surviving Lockdown Series Part 1: Financial ignorance isn’t bliss

Regardless of how much money we accumulate, most of our financial decisions are influenced by emotions or impulse. Financial decisions are often the last thing we want to think about due to our busy daily schedules and the perceived complexities around the topic. Even when we do manage to be diligent, there will be times… Read more →

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Winter is coming… for your money

With winter arriving, it’s important to not leave your finances out in the cold. Utilities, mainly comprising water and electricity, make up a significant portion of many South African’s budgets.

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The Greatest Investment Ever 🥇

Warren Buffett is one of the most successful investors in the world and has personally amassed over $80 billion during his successful career. He was once asked what he thinks the greatest investment was and his answer surprised many people.

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What’s safer than keeping money in the bank?

The South African Reserve Bank (SARB) has recently given heavily indebted South Africans some breathing room. If you were drowning in debt, you would be applauding the interest rate cuts that have taken place over the last couple of weeks.