Beplanning onderwerpe
Neil van der Walt, marketing manager, DebtSafe said that there are two aspects about money that people need to consider when they are in a romantic relationship.The first is having open communication and regular discussions about their current financial or debt situation. The second is taking steps…
By Edwin Theron We all know that insurance policies are far from the most thrilling topic in the world, but it’s vitally important to select the right products and make sure they’re perfectly suited to your needs. Nobody wants to end up with less than they bargained for, or worse, fall for a scam.…
Financial planning is vital if you want to protect your family’s future for a time when you are not around and getting the right insurance cover is an important step. Ester Ochse, product head, FNB Integrated Advice, said that life cover and funeral cover are important in their own right, but each…
Retirement fund actuaries are urging South Africans to make themselves traceable by retirement funds trying to unite former members and beneficiaries with billions in unclaimed benefits. By the end of last year, unclaimed benefits worth R47.3 billion were sitting in retirement funds, says the…
By Angie PooleAs newly-weds happily share their marriage vows, divorce and death is probably the last thing on their minds. But as life begins to happen after the wedding, it is critically important that estate planning gets revisited with any major life changes – especially divorce. By Angie Poole…
The informal sector in South Africa is showing signs of a movement away from cash, a new Mastercard study has found. In a white paper titled ‘Driving Financial Inclusion In South Africa’s Informal Economy: The Landscape At The Bottom Of The Pyramid’, Mastercard interviewed under-served consumers…
Basil Chatha wanted to make "as much ... money as possible." So in April, he asked ChatGPT to tell him how to quickly turn $1000 (R19074.15) into riches without breaking the law. "I'll do everything you say," he wrote.While waving a fistful of $20 bills, he promised to give TikTok viewers a daily…
After celebrating Mother’s Day many people may have been reminded about the crucial role their mother’s played in shaping their approach to various aspects of their lives, including their attitude towards money.“How we save, spend, and invest is greatly influenced by what we see modelled to us when…
The last few years have been extremely challenging for South Africans and their bank balances. It started with Covid-19, and the subsequent extended lockdowns, which left every major component of our society in disarray. From a significant contraction of economic activity, to a surge in government…
The investing world has always been male-dominated, but with new technologies, it is worth looking into the gender disparities in the cryptocurrency world. New research from forexsuggest.com investigated whether the crypto industry has made a tangible effort “to aim for more equal representation in…
In October last year, the Minister of Finance, Enoch Godongwana, presented the annual report for the Government Employees Pension Fund (GEPF) for the year to March 2022. The GEPF is not only the largest pension fund in Africa but is also housed in a defined benefit structure, which means it is…
South Africans are stretching their income to keep up with food and fuel price hikes and the impact of rising interest rates on monthly debt payments.Ayanda Ndimande, Head of Sanlam Business Development for Retail Credit, says there is a growing reliance on credit to compensate for the soaring cost…
There’s an emerging trend in home financing for irregular earners, that drew my attention this week. It's called home ownership through an instalment sale agreement.And as a former full-time freelancer and current contract worker, I know how bumpy the access road to property finance and long-term…
Pretoria - A full Bench (three judges) of the Gauteng High Court, Pretoria, this week heard arguments by several Road Accident Fund (RAF) claimants, asking that directives issued by the entity which places obstacles in the way of issuing new claims to be overturned.It was argued on behalf of the…
The payments clearing platform BankservAfrica said the slight improvement in its Economic Transactions Index occurred against a fairly grim economic context in April of load shedding continuing unabatedly, interest rates and inflation remaining at elevated-levels, and the global economic slowdown…
Taxpayers can no longer just send R10 million overseas per year on a no-questions-asked basis. Complicated application processes now await such requests for money to leave South Africa. In an unexpected move, the National Treasury recently introduced a new regime for South African residents who are…
Investment managers may be slightly less gloomy about South Africa than they were three months ago, expecting interest rates, inflation and the rand exchange rate to level off, but the threat of dysfunctional state-owned-enterprises, particularly Eskom and Transnet, remains a dark cloud on the…
This week marked 125 years of Metropolitan being in business and the insurer held an event in Rosebank to mark this occassion. In an interview with Personal Finance, Metropolitan CEO Peter Tshiguvho said stokvels were an untapped market.“Personally, I belong to a stokvel. There are people who are…
National Debt Advisors (NDA), one of South Africa’s leading debt solutions providers, says that South African women are more susceptible to debt over rapidly depreciating assets than men. Women and women who are mothers often bear the brunt of household responsibilities, from cooking meals to…
Following the recent celebration of Freedom Day, South Africans should take the time to reflect on their personal freedoms – specifically, their financial freedom.According to Bertie Nel, head of financial planning and advice at Momentum, financial freedom is:– feeling secure in your current…