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Listen: My Money, My Lifestyle

Listen: My Money, My Lifestyle

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...

Tax options for freelancers

Tax options for freelancers

As a freelancer should you form a company or remain a sole proprietor? During periods of weaker economic growth, companies are more open to using freelancers or contractors to reduce their cost-to-company spend. It also creates employment in an...

Why we fall for investment scams

Why we fall for investment scams

Our need to believe in miracles and magic makes us susceptible to tricksters. Listen to Maya discussing this topic on Classic FM with Tamara LePine Williams I was recently watching the Carbonaro Effect, a TV show where a magician plays practical...

How much do you need to retire?

How much do you need to retire?

At a recent investor roadshow, Richard Carter, head of product development at Allan Gray, provided some figures to illustrate how much you should already have saved for retirement, based on your current age. Carter worked on the assumption that to...

Buying an investment property

Buying an investment property

When buying an investment property, you need to do your homework carefully to avoid your property becoming a financial ball and chain. While astute investors can make money, property has significant holding costs and is not as liquid as other...

Should you lease or buy a car?

Should you lease or buy a car?

South Africans are well known for treating their cars as status symbols. Car finance figures show that on average, South Africans who are financing their cars tend to buy a new car every three years. Simphiwe Nghona, executive head of Wesbank’s...