“South Africa has a world-class debt-counselling system, which has been proven to work. It’s conceivable that if more people sought help to manage their debt, the R15 billion being returned to the economy annually could be increased to R25 billion,”…
“Cold weather also makes for misted windscreens, which can impair visibility of your surroundings. Criminals often take advantage of darkness or bad weather to commit crimes such as carjackings, and robberies. And if you are walking in the dark,…
“It takes every ounce of effort to grow a successful business, but if it is eating into your personal life, it’s time to slow down and draw a line in the sand,” says Bertie Nel, Momentum Head of Financial Planning and Advice.
“Stokvels are an ingrained part of South African history, not only because they provide communities with a sense of social cohesion, but because they provide people with an effective way of saving money. These kinds of informal schemes play…
"Insurance should be a non-negotiable part of owning a car and, if you finance your car, it’s compulsory. You won’t be able to drive off the showroom floor without comprehensive cover in place, and you shouldn’t just cancel the cover once you…
"Many policyholders fail to understand that insurance is not a static financial tool. Rather, it is a vital product that changes and requires amendment as the policyholder undergoes different lifestyle shifts such as moving homes, changing a…
“Common mistakes are easy to avoid, but you must be proactive to get the true benefit out of a policy. During such an emotional event, when the time comes to claim, it can be a harsh realisation that policies weren’t kept up to date,” says Deidre…
"Regularly revisiting personal financial goals, you set out to achieve at the beginning of the year makes sense in order to best evaluate your spending habits and to ensure that you maintain a healthy bank account," says Thabo Qoako, Consumer…
“With the right adviser, you can navigate almost any financial challenge, optimise your strategy and quickly identify growth opportunities. Their advice is the wrench that fixes the leaky balance sheet, and it literally pays to know they know…
"Startups must treat their initial structuring with the same priority as their product development and market entry strategies. This involves more than just legal compliance; it involves strategic foresight," says Bruce Dickinson, Partner from…
"Research has shown that financial stability is closely linked to mental well-being. When individuals have control over their finances and feel secure about their future, they experience lower levels of stress and anxiety," says Lerato Thwane,…
"When buying a car, it’s important to have a full understanding of its mechanical condition, whether there are any faults with its exterior and interior, and if all the registration documentation is up to date and available. All these factors…
"Look at retirement savings as an opportunity to diversify. You can choose a fund that suits your risk profile perfectly. On some retirement annuities, you can take out capital and growth guarantees. You can also look for one that will keep…
"And while the freedom of working in the gig economy is understandably attractive, the downside is that, without the support of a traditional employer, workers are left vulnerable to a host of protection gaps," says Dini Nondumo, Head: Commercial…
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