Posts categorised by Life & money
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 →
Debt Repayment Strategies: The Debt Snowball
Given South Africa’s geographic location, snow is hard to come by for the average citizen. However, snow does occasionally fall in some parts of the country when the colder weather passes – you can actually see live webcams here. We won’t be focusing on real snow today, but rather on the analogy and methodology behind… Read more →
Flying Not So High 🛫
Amidst a halt on flights for almost two months due to the nationwide lockdown, SA’s fragile aviation industry is now on the long road to recovery after seeing revenue fall close to zero while they continued spending money on maintenance, repaying debt and staff salaries. After the great recession of 2008, the airline industry took five… Read more →
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 →
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.
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.
Moving Overseas During A Pandemic ✈️
When a pandemic wreaks havoc across financial markets, investors tend to be overwhelmed by anxiety and uncertainty about the future of the global economy.
Cybercrime and fraud are on the rise
The global pandemic has resulted in the increased need for access to the internet. But cybercrimes pose a significant risk to our financial wellbeing as they grow in sophistication.
Broken Traffic Lights 🚦
Let’s imagine you’re at a busy traffic intersection, patiently waiting for the light to turn green.
Five trends threatening the global economy
Covid-19 is causing a detrimental effect on health systems and economies around the world. However, there are other global risks which haven’t been given as much exposure with Covid-19 dominating global news headlines recently.