Make 2021 your best financial year yet

Life gives us a second chance every 365 days. A chance to do better and to be better. After a year like 2020, we desperately need to turn over a new leaf. But what will you do with the new opportunities 2021 holds? Will you start anew or keep on locking horns with your wallet?… Read more →

Structuring your financial accounts

Within 30 seconds, could you tell someone where your money is and how much you have in each of your accounts? Often we have too many accounts, duplicate accounts attracting double the bank charges or a lot of money in non-interest bearing accounts. Setting up a financial structure which is simple and easy to follow… Read more →

Healthy eating on a budget

Healthy eating is often associated with spending more money. It’s true that eating healthily can be expensive, however, there are many ways to eat nutritious foods that your body – and wallet – will thank you for. These 4 tips will help you stay on track with your health goals and your budget. Plan your meals… Read more →

Start saving for retirement in your 20s

One of the biggest questions about retirement is when to start saving. Even though you might be in your early 20s and retirement may seem a long way off, it’s vital to start sooner rather than later.

Keep this in mind when shopping this Black Friday 🛍

With the financial consequences of the pandemic still looming for most, it’s important to keep these tips in mind when going Black Friday shopping.

Tax benefits to consider before the end of February 2021

If you’re paid a salary each month, it may feel like receiving income and paying tax are automated tasks. Any monthly tax deductions as well as contributions to company benefit plans might seem like values you don’t have any control over. However, you most likely have a rough idea of your income and expenses, which… Read more →

What the US elections mean for South Africa 🗳️

All eyes are on Biden to kick-start US economic recovery and to strengthen relationships with developing countries like South Africa, as well as with other developed nations. While we wait in anticipation for the newly elected president to take the stage, let’s hold onto the future prospects of the Biden blue wave.

Investments: How to get the most bang for your buck

Being a successful investor over the long term is actually fairly simple, anyone can do it! The key is to do as little as possible – which doesn’t actually sound like good advice, but hear us out.  Fidelity, a large asset manager in the US, has done a study to find out which accounts had… Read more →

What’s the deal with the Medium-Term Budget Policy Statement?

2-3 min read (or getting dressed for your morning run) Finance Minister, Tito Mboweni finally gave the budget speech after it was postponed by a week. “We must rebuild our economy, rehabilitate our public finances and recover from the devastation wrought upon us by COVID-19”, he proclaimed. The Medium-Term Budget Policy Statement (MTBPS) was made on 28… Read more →

Do you know why you want to be financially free?

Financial freedom has become a buzzword made popular by Youtubers, writers and bloggers. Many of us have the goal to be financially free, but far fewer actually attain that goal. One of the reasons for this is that we say we want to be financially free, but have no idea what that actually means, or… Read more →

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How to use ETFs to grow your wealth ETF Series #2

Have you read the first part of our ETF series? If you haven’t or are needing a recap, here’s why Exchange Traded Funds are great! Why ETFs? Working for money isn’t your only option. The reward for successful budgeting is investing. Investing is a way to make your money work for you!  The big questions… Read more →

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The good, the bad and the wealthy 💰

The key to building wealth and increasing your net worth is to generate long-term income over and above your normal, job-based income. The best way to do this is through a combination of savings, investments and income-generating assets. Assets can be divided into two categories – tangible and intangible assets. Tangible assets are those you… Read more →

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How to use ETFs to grow your wealth ETF Series #1

There are plenty of options available to grow your wealth. For instance, you could buy shares in a company, purchase an investment property, invest in cattle or start your own business. However, none are as accessible, easy, inexpensive and tax effective as Exchange Traded Funds (ETFs).    An ETF is a type of passive fund that holds multiple assets which attempt to track the… Read more →

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The F.I.R.E Movement: Is it for you?

F.I.R.E is an acronym for Financially Independent; Retire Early and although it’s been all the rage on social media recently, it’s not a new idea.

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The Downside of Debt

Today’s guest blog post comes from Stealthy Wealth. Most people are aware that when you buy something using debt you end up with a total bill quite a bit higher than the sticker price of the item thanks to interest. Interest is the price you pay for the privilege of owning something immediately and only… Read more →

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Alternative Investments 💎

When you hear the term investing, you tend to think of traditional investments that most people are familiar with. These are usually cash in your savings account, some of your favourite companies’ stocks or bonds.

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Ditching your car for an Uber

If Transport & Fuel is one of the budget categories in which you record the highest spend each month, you’re not alone. It seems it only takes a few days for a tank of petrol to go from full to empty. Those tanks aren’t getting any cheaper either. The petrol price has increased by nearly… Read more →

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Reducing Your Long-term Loan 🏦

Picture this: you’ve just bought the house of your dreams. A few days pass by and you start thinking about the loan attached to the house, which needs to be repaid – a period that usually lasts anywhere between 20 to 30 years. It’s alright to think of the implications of taking out the loan,… Read more →

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4 ways to eliminate expensive rubbish

The next time you take the rubbish bag out, imagine that it is filled with money. The money spent on the rubbish that’s now in it. A glimpse into someone’s rubbish bag of money would give a good indication of the person’s eating habits. Maybe you’ll see four chocolate wrappers from the shelf just before… Read more →

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Mindful Buying 🛍

Have you ever been caught between two worlds, where your heart says one thing and your mind says the opposite? The concept of mindfulness has recently gained popularity as a way of paying attention in a particular way – on purpose and in-the-moment awareness without any judgment. Mindful eating and mindful moving are popular terms… Read more →