Allan Gray’s Ray Mhere explains how a unit trust is priced and what it means for you as an investor. Many of us are familiar with unit trusts as an easy and affordable way to access financial markets. Your money is combined with the money of other...
Before you spend money on a gift for a family member, take some time to find out what makes each member of your family feel loved. In the book The Five Love Languages authors Gary Chapman and Ross Campbell talk about the five ways that you can make...
If you have an elderly parent who has been paying towards a life or funeral policy for many years but can no longer afford the premiums, it may make sense to take over the policy payments if you are the beneficiary. If the policyholder were to...
The My Money, My Lifestyle podcast is a new podcast featuring the contributors to the City Press Personal Finance pages. From how to invest in a cow, enjoying your money and why cash has been king, Maya Fisher-French (@mayaonmoney) and Mapalo Makhu...
A social media follower recently asked me how he could benefit from using a credit card. The answer is that is depends entirely on your self-discipline. If you are the personality type who may make all sorts of promises to only use it for...
Financial freedom means different things to different people. For some it might be about having no debt so that you start each month not paying for something you bought six months ago, which is really about living within your means. For others it...
Investing in farming can be both a good investment and a social good. It is not often I get really excited about a new investment opportunity, but I have to confess that I really like the Fedgroup Impact Farming concept. It is simple to understand...
The My Money, My Lifestyle podcast is a new podcast featuring the contributors to the City Press Personal Finance pages. From how to settle your balloon payment, whether to cash in your pension and all you need to know about tax-free savings, Maya...
If you want to reduce debt and increase savings in 2019, take some simple steps now to make it easier to reach your goals. Many economists and psychologists have made careers out of trying to understand why we make “bad” choices, which we...
Our family got into the habit of keeping a household budget after our own personal financial crisis 14 years ago. I have no doubt that without budgeting every month and maintaining strict financial discipline, we would simply have got deeper and...
By Claudia Aires Apicella, Head of Financial Emigration at Tax Consulting SA The announcement by National Treasury and SARS in 2017 that the tax exemption on South African expatriates is set to change, has resulted in the lifestyle of many South Africans, who are...
The My Money, My Lifestyle podcast is a new podcast featuring the contributors to the City Press Personal Finance pages. From how to invest with as little as R500 to how to save money by using credit, Maya Fisher-French (@mayaonmoney) and Mapalo Makhu...
The Entertainer is an app that typically gives discounts on spa days and offers 2-for-1 deals on meals, but some consumers are complaining about the service, which demands an annual upfront payment to access these deals. Complaints centre around deals not being upheld...
By Dr Adrian Saville, Chief Executive, Cannon Asset Managers A bruising 2018 on stock markets has unlocked some excellent buying opportunities. Here are three ideas for shares to add to your portfolio this year. The JSE managed to keep its head above water for the...
If you’ve worked hard and gone above and beyond for your employer, there’s no reason why you shouldn’t ask for a raise. But there’s timing and strategy involved. It is well known that there is a high rate of unemployment in South Africa, especially among the youth....
By Jenny Gordon, Head: Retail Legal at Alexander Forbes Expected changes to the income tax laws in March 2019 will allow people who emigrate before they reach retirement date more flexibility to withdraw their retirement funds when they leave the country. There are a...
Have you ever wondered how much your debt is actually costing you? By the time you’ve included all the interest and fees payable, it’s probably a lot more than you realise. You will find that in most cases you can easily save enough to take care of those “money...
Prices always tend to go up when New Year strikes and there are a few things to be jittery about in 2019. But it’s not all negative. We’re always told about the doom and gloom when it comes to our finances, but what many forget to focus on is the positive actions and...
On New Year’s eve, particularly after a few drinks, we make promises to ourselves that we have every intention of keeping. But time and again we fall short of sticking to these resolutions and just a few short weeks later, they’re forgotten. This is true when it comes...
By Sumarie Greybe, co-founder at short-term insurer Naked It’s the time of year for festive-season parties and holiday travel and, along with them, headlines and awareness campaigns about carnage on South Africa’s roads. The average driver in South Africa has a 15% to...