Last week was a very strange time to be a financial journalist. Journalists are usually given a copy of the budget before the Finance Minister tables it in Parliament. After spending the entire morning at Parliament writing our stories about the...
You are Here >
Home >
Are you due to make a provisional tax payment?
With the tax year-end only a few days away, provisional taxpayers must remember to make their second provisional tax payment. Danielle Luwes, Tax Director at Hobbs Sinclair Advisory, explains what is possibly the most mis-understood taxation in...
Simplifying the investment process
One of the most common question I receive is, "Where do I start investing?" With this in mind, I recently interviewed Adrian Hope-Bailie, founder of Fynbos Money, about this new investment platform, and how he aims to simplify the investment...
Do you have unclaimed dividends owed to you?
The Johannesburg Stock Exchange (JSE) recently launched a campaign entitled “Claim It”, urging South Africans to check if they are potential shareholders owed a portion of the R4.5 billion in unclaimed dividends. The Claim It initiative is a...
Be ready for the tax year-end: key steps for your finances
28 February marks the tax year-end. Everything up until this day will be part of your 2024/2025 tax filings. As this date approaches, it's crucial to focus on your financial affairs to ensure that you maximise any available tax deductions to lower...
What’s your investing love language?
In this month of love, Lauren Jacobs, Senior Portfolio Manager at Satrix applies the concept of the five love languages to investing, and shares a quick quiz to help you pinpoint your “investing love language.” Are you the type of person who needs...
Listen: How to build your side hustle
Did you know that nearly half of employed South Africans engage in side businesses? In this episode of the "My Money, My Lifestyle" podcast, I chat about the growth of the side hustle with my guest, business coach and mentor Willem Gous. Willem is...
What happens to your furry children when you pass away?
Have you made provision for who should care for your beloved animal friends after your death? A giant ginger cat called Kevin. A tiny guinea pig named Didi. Cheetah the Doberman. Many of us have pets we’ll never forget. They love us...
Listen: Why are high earners struggling?
Many of us believe that if we simply earned a bit more money, all of our financial issues would disappear. Yet so many South Africans who are considered high-net-worth individuals, are struggling with debt. They earn very good salaries, yet still...
How to prepare your student loan application
The student loan application process can be complex, so do your homework and don’t get caught short. Rising tuition fees have resulted in rising demand for student loans. Standard Bank has noted a surge in student loan applications, including for...
Previous Articles
Listen: The young professional’s guide to money mastery
Fulufhelani Mashapha recently published her book Mind Your Cents - A Practical Approach to Financial Freedom. Fulu had asked me to read her draft copy and to write the book’s foreword, and I took the opportunity to interview her about her experiences as a young...
Crypto tax in South Africa: what you need to know
If you hold crypto assets, you need to understand crypto tax — how the South African Revenue Service (SARS) taxes your investments and trades. SARS has provided some guidance on how it handles the taxation of crypto assets, but many people still make mistakes that can...
Listen: Knowledge is power
What do you not know about your finances that may be hurting you? Knowledge is power, so isn't it time to find out? A couple of months ago, a friend of mine sent me the link to neuroscientist Dr Andrew Huberman's podcast on the effects of alcohol on our brains and...
The best way to fund your holiday
Therèse Havenga, Head of Business Transformation at Momentum Savings, sets out how much a holiday can really cost you if you don’t plan ahead. I usually sleep too late when it comes to booking a holiday. I’m so task-oriented at work that holiday times seem to creep up...
How interest on your credit card really works
Interest on your credit card is calculated differently in South Africa from how it works in various other countries. Social media is full of tips on how to maximise the interest-free period on your credit card. The problem is that credit cards in South Africa work...
Make your stokvel work harder for you and your community
A stokvel is more than just a savings group; it helps people build wealth and make their communities stronger. The end of the year is “stokvel season” – a time when most members receive their payouts. It’s also a great time to take a closer look at your stokvel and...
Buy Nothing Day
We are all being inundated by Black Friday specials. My inbox is full of both press releases and offers from retailers. But how many people know about Buy Nothing Day? Buy Nothing Day was set up as a protest against consumerism. It is held on the last Friday in...
Find your unclaimed benefits on the Standard Bank app
Standard Bank has made it easier for clients to access previously unclaimed dividends, pension, and insurance benefits. In collaboration with the unclaimed benefits tracing company Robin Hood, Standard Bank has made the process of claiming these benefits seamless...
Criminals using AI to target retirees
Criminals are now using AI to create sophisticated phishing emails, build hacking tools and uncover weaknesses in IT systems. While the world marvelled last year at the ease with which artificial intelligence (AI) tool ChatGPT completed tasks for everyday users, the...
Listen: Inside the Medium-Term Budget 2024
Last week, Finance Minister Enoch Godongwana announced the Medium-Term Budget, which is tabled every year in October. In this podcast, I am joined by Gcobisa Magazi, director of public finance at National Treasury, to discuss the Medium-Term Budget. Most people only...