This fourth episode of the Santam Insure your Future Money Bootcamp is all about using credit responsibly. It provides insights into budgeting, borrowing, and understanding the fine line between good and bad debt. I’m again joined by Mapalo Makhu...
You are Here >
Home >
The dark world of insurance fraud
Murder for insurance is not that common, but insurance fraud comes in many different forms. Anyone who doubts that insurance companies pay out on death claims, should read Killer Cop, the Rosemary Ndlovu story. Over a period of six years, she had...
Are you paying advice fees but not getting ongoing financial advice?
If you have an investment policy or product, the adviser who sold you that product is most likely receiving ongoing advice fees or commission. These fees are deducted from your investment returns, and you should be receiving ongoing service from...
Listen: The Dollar Life Plan: Diversifying with dollar-based life cover
While most of us are aware of the importance of diversifying our investments globally, we don’t often think about diversifying our risk cover. Taking out life cover in US dollars is one way to leave a legacy in a hard currency that should maintain...
Savings pot withdrawal minimum may disappoint many
With less than two months to go before the new two-pot retirement system is implemented, you may be disappointed to realise you are unable to immediately withdraw money from your savings pot. Many employees are banking on being able to withdraw...
How does the interest-free period on your credit card work?
Most credit card companies try and hook you by saying that they give you 55 days interest free on your purchases. In fact, most credit card holders don’t get any interest-free period on their credit cards. This is because if you don’t pay your card...
Listen: Navigating the financial maze of buying a home or car
Buying a home or a car is one of the most significant financial decisions you'll ever make. It can be an exciting journey, filled with dreams of new beginnings and the thrill of ownership. But, as our latest podcast episode reveals, it’s also...
Investment opportunities punted via social media are scams
Reputable and regulated financial services providers will never sell investments via a WhatsApp group, Telegram, a social media platform, email, or an unsolicited random phone call, so you can be sure that investment opportunities punted via social...
Listen: Navigating tax season 2024
SARS has announced that tax season 2024 will open on 15 July. In order to ensure a smooth (and possibly rewarding) tax-filing process, it's crucial to understand the complexities of your tax return and how to maximise any tax breaks that you may...
Is the Discovery home loan a good deal?
The Discovery home loan is the latest product from the financial giant, offering an interest-rate discount to qualifying clients. But is it worth switching? Discovery Bank recently launched its home loan offering, which is a joint venture with SA...
Previous Articles
Make your first paycheque count
If you can start to manage your money responsibly as a student or new job entrant, you will be able to start to build long-term wealth. The key to wealth is not how much you earn, but how much you spend. Brenda wanted some advice on how to manage her money. She is...
Avoiding the behavioral pitfalls of Bitcoin
By Paul Nixon, head of behavioral finance at Momentum Investments Love it or hate it, Bitcoin appears to be here to stay. Having attracted over a trillion dollars of investment, this article is less about the merits of investing in Bitcoin and more about how to avoid...
Listen: The importance of budgeting
In this second episode of the Santam Insure Your Future Money Bootcamp, I’m again joined by Mapalo Makhu as we dive into the topic of budgeting, and how taking control of your day-to-day spending can significantly reduce financial anxiety. We hear from Thato, who...
Gold price at record levels – what now?
Chantal Marx, Investment Research Head at FNB Wealth and Investments, looks at possible reasons for the recent gold price rally, and how investors can take advantage. The gold price recently reached another all-time high, prompting investors to reassess their current...
Fixing lengthy delays on deceased estates
Losing a loved one is hard. It’s even more difficult to deal with such a loss in the face of long and complicated estate administration processes. It can become emotionally and financially taxing. In South Africa, it is not uncommon for a deceased estate to take two...
Listen: Safeguarding your child’s education and health
Welcome to "Life Behind the Numbers," a Discovery Life podcast series. Together with experts from Discovery Life, I delve into the latest trends from Discovery Life’s claims research, highlighting the need for both physical and financial protection against various...
DIY investing: pros and cons
When you build and manage your investment portfolio yourself, this is often called DIY (do-it-yourself) investing. In this article, we explore the pros and cons of DIY investing and how to get the most out of your strategy. South Africans are experiencing financial...
No-fee debt counselling now available
A new non-profit organisation called Foster aims to rattle some cages by providing free debt counselling services to qualifying consumers. Debt counselling can be a lifeline to those who are truly over-indebted and there are many stories (like Johan’s Money Makeover...
Listen: Unlocking financial freedom
Introducing the Santam Insure Your Future Money Bootcamp podcast series. Are you ready to take control of your financial future? The Santam Insure Your Future Money Bootcamp podcast series is here to guide you through a transformative journey that will help you...
What happens to your home when you pass away?
Carl Coetzee, Joint MD of Capital Legacy, has some valuable advice and tips for homeowners when it comes to estate planning. If you own a home of your own, have you thought about what will happen to it one day when you pass away? With as many as 70% of South Africans...