In this podcast, I have a frank discussion with David Buckham, founder and CEO of Monocle Solutions, and an expert on the global banking system. We discuss the inherent flaws in the banking system and the reasons behind the erosion of trust across...
Munya Shumba, financial adviser at Discovery Limited, has some great advice for those who find their January turning into Janu-worry. Why is January so often referred to as “Janu-worry”? It’s because in many parts of the world, employees get their...
A great way to give your finances a good shake-up during 2024 is to follow this 12-month financial plan so that your finances and admin are all up-to-date by the end of the year. Your 12-month financial plan: Month by month In January: Update your...
Investing in property can be a great investment, but be sure that you understand the risks. I recently ran a survey on social media to understand what asset classes people invest in. The majority of women prefer property over investments such as...
When someone says influencer, freelance designer, writer, or content creator (collectively referred to as creative freelancers) do you think VAT? Probably not! Well, you're not alone. Ayanda Masina, Assistant Manager, and Kagiso Nonyane, Manager at...
When we think of intergenerational wealth, we often think of trusts and the proverbial trust-fund baby. While trusts can be a great way to house intergenerational wealth, over the last ten years there have been significant changes to laws that...
Taking control of your finances has a profound impact on your overall wellbeing, resulting in reduced stress, improved relationships, and better self-esteem. Writing up a budget, tracking your spending, and creating a debt repayment plan will not...
I’m thinking about resigning so I can cash out my pension and rather invest the funds myself. What are the pros and cons of doing this? Maya's Answer Some people feel more in control if they can manage their own investments, however, this is not...
Freelance writer Capo Cassidy ponders the possible upside of not getting a year-end bonus. It’s year-end bonus season, and for the first time in many years, having stepped off the treadmill of a corporate job, there is not a glimmer of hope that I...
As information comes to light regarding the BHI Trust investment scheme, investors are questioning the role of their financial advisers and whether they have recourse against bad advice. Many individuals had trusted the investment of their life...
Money is not only rands and cents – it is also a currency of emotions, which is why money conversations are so hard. In this podcast, Maya and Andrea have a candid discussion with relationship therapist Connie Valkin about how to have these difficult and emotionally...
The reason we have a weak rand is a bigger issue than short-term trades by the big banks. A colleague of mine recently told me, “I hate banks”. And it seems she is not alone. If I post a comment that is critical of a bank, my timeline is soon filled with people adding...
The power of taking back control of your finances Maya speaks to Zihle, the runner-up in the 2023 Absa City Press Money Makeover Challenge, about her personal journey and how – with the help of her financial adviser Anton Battiss – she has succeeded in taking back...
The winner of the 2023 Money Makeover Challenge has been chosen. The 2023 Absa City Press Money Makeover boot camp has come to an end and once again, all of our candidates have shown what is possible in just six months. They are proof that the power to change your...
How this year’s Money Makeover Challenge winner is well on his way to being debt free. In this podcast Maya speaks to Johan, the winner of the 2023 Absa/City Press Money Makeover Challenge, and his Absa financial adviser, Takalani Badugela. Johan explains how he...
A delivery scam usually takes the form of an email that pops up in your inbox telling you that you have a parcel waiting for you, and that you should click on the provided link for further details on the necessary steps to get your parcel delivered. As the festive...
When you get married, there are so many exciting things to focus on like the wedding dress, invitations, and the honeymoon. And when you have a child, your life becomes so busy as you care for your growing family. The last thing you want to think about are the...
How social media can encourage you to overspend and destroy your finances. Once upon a time, it was easy to see when you were about to get into debt. You saw cash leaving your wallet and knew from the balance in your account that you needed to stop spending. With the...
It is becoming easier and more affordable for South Africans to invest in offshore funds. Pieter Koekemoer, head of Personal Investments at Coronation, has some advice for those interested in investing offshore. Many investors saving to retire in South Africa through...
When Sello entered the Money Makeover Challenge, he was establishing a start-up business to manufacture eco-friendly straws for restaurants and retailers. He had taken out personal loans to purchase manufacturing equipment to produce the prototype. Like so many...