Buying your first car is an exciting milestone, but at the same time, it can also be a daunting, exhausting, and confusing experience, particularly when buying a new car, a common issue is the way people pay for it. A car loan can be a serious financial commitment, second to...
In these uncertain times, it is more important than ever to have insurance cover. Whether you are an individual or a business owner, insurance can provide you with the protection and peace of mind you need. We will discuss what insurance is, how important it is, the types of insurance,...
Dealing with over-indebtedness Debt can create a snowball effect that generates even more debt. When debt repayment pressure becomes too much to handle and you cannot meet all your monthly obligations, you are officially classified as "over-indebted." Let us take an example: Say you earn R20,000 per month, but your...
Financial literacy basically refers to your ability to learn, understand, and apply various financial tools, skills, and decision-making processes in order to make financially wise and quality decisions. You were not born financially smart or dumb; your financial knowledge or ignorance developed over a period of time. So it effectively...
No one ever wants to be in a debt trap forever, but it happens, and at that point, when there are no other options left, debt consolidation seems to be the answer—or not? It can help you regain control over your finances temporarily and stop letting that debt destroy the...
Can you remember when you first really thought or heard about the subject of Retirement? Chances are, it was when you were in your 20s, maybe you were just offered your first part-time job and the subject of retirement was touted around amongst the permanent much-matured employees yet for you...