July is savings month

South Africans are riddled with debt and one of the reasons they struggle to maintain a savings culture is because of impulsive buying behaviour, according to debt experts. Other factors contributing to a poor savings habit are economic issues, bad financial decisions and a lack of discipline when it comes to saving. With July marking […]

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A Perfect Storm

A perfect storm is defined as a rare combination of circumstances which aggravates a situation drastically. Well I think that end 2015 / 2016 was a perfect storm for South Africa. We had, especially at the start of the year, a very rare combination of events for South Africa, all unfortunately bad. When you get […]

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The real cost of credit

Accessing credit is pretty easy for South Africans and as a result many of us fall into a ‘debt trap’. But do you know how much it really costs to buy on credit? Taking both interest and fees into account, you are paying a lot more than the original price tag. Sanlam has put together […]

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To save or not to save

We share Personal Finance’s article on medical saver plans Is it really worth it to choose a more expensive medical aid option that offers a medical saving account as opposed to just getting a hospital plan? Shouldn’t I rather put money aside each month to cover my daily medical expenses as they arise? This is […]

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Are you a saver or a borrower?

It is difficult to be a fence sitter when it comes to investing and wealth creation. Either you are a saver, and are providing for your needs, both present and future, from the sweat of your current labour, or you are a borrower, borrowing from your future to fund your current lifestyle. Sadly, most of […]

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