As parents, we all want the best for our children, and this often includes being able to give them the best education that we can afford
As parents, we all want the best for our children, and this often includes being able to give them the best education that we can afford
With the latest GDP growth figures showing that the economy contracted 0.6% in the third quarter, SAA heading into business rescue, and the problems at Eskom persisting, it looks like we are in for a difficult year ahead. This suggests that the prospect of retrenchment is a very real threat for many South Africans
The end of 2019 is fast approaching and with many looking forward to downtime during the festive season, this shouldn’t mean breaking the bank
The year is flying by, but don’t let it pass without taking stock of your financial decisions, writes Lettie Mzwinila
July is Savings Month, the perfect time to have an honest conversation about our saving habits. There are different strategies we can use to transform goals (intent) into habits. Psychologists explain that a habit comprises three parts: the cue, the behaviour and the reward. If financial security is your goal, you need saving to become your habit.
Are you a saver or a borrower?
Tomorrow versus today
Our investment goals depend on our personal priorities in life and there is no generic set of goals that applies to everyone, and no set timeline for achieving them.
Author Sophie Kinsella was on to something when she said “There’s something special about saving up for a special treat, bring back the piggy bank”. In this article, we look at the straw that broke the piggy bank and how savings have changed since 1994.
Compounding is when the interest on a sum of money, either a deposit or loan, is added to the original amount so that the interest also earns interest. Albert Einstein’s popular quote highlights the impact compounding can have over time, and also cautions that it can work either for or against you. Wanita Isaacs explains.