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 →

Read more of this post

Buying A Home Right Now 🏠

While many industries are starting to show signs of the effects caused by the coronavirus pandemic, there are some instances where consumers can take advantage of the situation – one of those is the housing market in South Africa. The supply in the housing market had already exceeded demand before the pandemic. The strong buyers’ market… Read more →

Read more of this post

Landing your dream job

Our careers and making money are interwoven. Before we can think of saving, spending and investing, we need to make money. Passive income is great but to have a large enough source of passive income, we often need to have an active job. Finding a job is difficult and, sadly, the increase in unemployment has… Read more →

Read more of this post

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 →

Read more of this post

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 →

Read more of this post

Starting from Zero 📝

Last week, Finance Minister Tito Mboweni delivered an emergency budget which comes as a result of the economic impact caused by the Covid-19 pandemic. Some of the highlights which came from the speech include: our economy being on course to experience its biggest contraction in 90 years, tax revenue collection being behind target by R35 billion and… Read more →

Read more of this post

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 →

Read more of this post

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 →

Read more of this post

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 →

Read more of this post

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 →

Read more of this post

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 →