Buying a house is a lot more expensive than just being able to afford the monthly repayment and having a 10% deposit. These are some of the costs you need to consider.
Video: Retirement annuity rules
A retirement annuity is a great, tax-efficient way to save for your retirement, but they do come with certain rules.
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Q&A: Retirement
We answer some reader questions about retirement funding: some want to invest, and others want to cash out. We look at the pros...
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Listen: The 20-year home loan fallacy
Learn how you can pay your house off as quickly as your car, and why we fall for investment scams.
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Do your homework when buying shares in a company
When it comes to buying shares in a company, don't just blindly buy a share everyone is talking about or which has a ‘sexy’ story.
Continue Reading...Welcome to Maya on Money.
This site is a collection of articles written by finance journalist Maya Fisher-French as well as other contributors. The aim of Maya on Money is to help you with those day-to-day money decisions related to South African finance matters. Articles cover all those areas that you need in order to manage your money effectively such as budgeting, saving, investing, banking and insurance. Feel free to engage with us and post your questions on the Forum.
When it comes to investing for the longer term you need to make sure you build up a sustainable and well-diversified investment portfolio.
Maya and Mapalo discuss the dangers of signing up for a credit facility as well as how your partner’s debt can impact your credit score.
The so-called "Debt Relief Bill" has generated an avalanche of headlines claiming that consumers’ debt is to be expunged. Here are the facts.
When changing jobs there is always the temptation to cash in your retirement fund and use it to settle your debt. But does it make financial sense?
If you can only afford to have life cover for one spouse or partner, rather than leaving one partner uninsured, taking out a joint life policy could be a good option.
If you have an investment policy, chances are someone is earning commission on it. When did you last speak to your adviser and do you even know who they are?
There has been an increase in loan scams as people become financially desperate and see a cheap loan as a way out of a financial crisis.
Have you ever wondered how much your debt is actually costing you? It is probably a lot more than you realise by the time you have included all the interest and fees payable.
A common area of confusion when it comes to car finance is around balloon payments, also called residual payments.
If you think the signing in of the debt relief bill means your debt woes will soon be over, think again.
Most short-term debt is simply a lack of planning. So, this year, instead of taking on more credit, plan for those money moments by starting a contingency fund in a high interest savings account.