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 buying a house, so it’s […]
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, filing a claim, and the […]
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 expenses and debt repayments add […]
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 means that it is a […]
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 quality of your daily life, […]
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 it was so far in […]
We all agreed that credit cards make purchases and paying your bills easier. Using a credit card is also a good way to boost your credit score. However, failing to properly manage your credit cards can lead to a lot of unnecessary expenses, negative listings, headaches, and stress. If you’re tempted to buy things you […]
Excessive debt is the most common source of concern for most people, particularly Baby Boomers, who are trapped in millions of Rands (dollars) of debt and unable to escape, forcing them to work in their later years when they should be retiring or nearing retirement. This also affects young professionals who are constantly wanting the […]
“The Richest Man in Babylon” written by George S. Clason is a quick-read thin timeless classic book that has been acclaimed as the greatest of all inspirational works on the subject of financial prudence, financial planning, and generating personal wealth. It was written back in the 1920s however the same theme runs through to today. […]
One young woman who was drowning and floundering in debt was able to lift herself out of the financial doldrums, by taking steps to remedy her situation, and by making changes to her bad money management habits. She made some smart financial moves, and now her future looks brighter and more promising than ever. Well, […]