Watch Episode 3 of the Change In your Pocket series for advice on setting up an emergency fund. https://youtu.be/zreJg6744II – Video supplied by BrightRock Welcome to The Change Exchange, where we're helping you find ways to make the most of out of...
Watch Episode 2 of the Change In your Pocket series for tips on how to draw up a budget. https://youtu.be/x8yK7_RgzyU - Video supplied by BrightRock So you’ve just landed the job of your dreams along with that salary bump that’s going to solve all...
I have always had a cellphone contract. In fact, I am embarrassed to admit that I recently had to ask someone how to buy pre-paid data. The thing is, I got my first cellphone back in the dark ages when phones where the size and weight of a brick...
So you’ve just got your first pay cheque and the temptation to go and blow the whole lot on a new wardrobe or a deposit on the car of your dreams will be huge. But you know that you also have to pay those boring expenses like rent, food and petrol....
Proposals contained in the Tax Administration Laws Amendment Bill of 2015 would dramatically decrease the amount of time in which the Commissioner is permitted to issue a reduced tax assessment, writes David Warneke, Director and Head of Tax...
Professor Matthew Lester weighs in on a wealth tax and whether it is a solution to South Africa's revenue needs. The Davis Tax Committee (DTC) believes that a wealth tax for South Africans is not the universal solution to South Africa’s revenue...
The One Rand Family project followed the experience of a relatively well-off family living on cash only ‒ in fact R1 coins ‒ for a month. If you haven’t followed the trials and tribulations of the One Rand Family aired on e.tv during July, it’s...
Cutting expenses isn't the only solution when it comes to balancing your budget; you can also try to find ways to boost your income. Here are three suggestions. With everything from interest rates to tax to electricity and petrol increasing faster...
Seed Academy has developed a free ebook to help South African entrepreneurs navigate the fundraising landscape. Donna Rachelson, chief catalyst at Seed Academy says that based on surveys and their training of hundreds of entrepreneurs, raising...
If you've been putting off opening a tax-free savings account, here's a trick to help you get going. Last week I completed the herculean task of opening tax-free savings accounts for my kids and myself. I have had the forms ready to fill out since...
Open up your bank statement and calculate how much of your monthly salary goes to repaying debt. Imagine if, apart from your mortgage, you had no debt repayments – think of all that money now available for savings. The reality is that we have already spent our future...
There are ways to score without playing the odds. Our family has a game where we write down what we would do with our money if we won the lotto. This is not just a fruitless exercise of “what if” because what it does is show us what is important to us –what our dreams...
Using your child’s tax-free savings account is not necessarily the best vehicle for their education fund. Since the launch of the tax-free savings accounts (TFSAs) there have been suggestions that this would be an ideal way to save for your child’s education. But is...
People often argue that the reason they don’t have any savings, or why they cannot pay off their debts, is because they simply don’t have enough money. Yet little do we realise how much our bad habits are really costing us. The real cost of smoking If you smoke a pack...
You’ve finally graduated and landed yourself a job, and you’re loving the flexibility that comes with earning your own money. But before you know it, the money has run out and you’ve been hit with a whopping amount of bank fees. We took a look at some of the best bank...
Abrie Joubert, Client Services Specialist at Glacier by Sanlam, looks at the finer details of a real estate investment trust (REIT) and how it affects your finances. What is a REIT? You may have noticed an entry on your investment statements and IT3b tax certificate...
It was only when Patricia received a call from Wonga’s head of communications that she realised she had been the unwitting victim of a phising scam that has so far conned over 200 people into parting with their money. Two weeks ago Patricia received an SMS from – what...
If you can no longer afford your car, it's time to take action. Here are your options. Lucky wrote to me to find out whether or not he should sell his BMW for a loss as the cost of the car is having serious consequences on his other financial commitments. Lucky’s...
Cellphones have become an indispensable part of our lives. Unfortunately, those cellphone bills can become all too costly, all too quickly. Here is a basic summary of some good options to help keep those costs down. Looking at cellphone contracts and costs can be...
Too much month at the end of your money? It might be time to start really paying attention to your loyalty programmes so that you can get the best value for your money. Recently FNB announced that eBucks members had earned R5 billion in eBucks since the inception of...