A reader wants to invest R1 000 per month for a period of 15 years towards her child’s education and wonders what the best option would be.
Category - Saving
Understanding how electricity tariffs work will help you take charge of your spending.
We asked South Africans to share their “crazy ways to save” and we got some great ideas!
You may have seen an advert for a five-year fixed deposit offering an interest rate of 13.3% on maturity.
What if you could leave your children a secure retirement - a retirement that they never have to save a cent towards and that is completely tax free?
Some crowdsourced ideas on how to save from young, savvy South Africans doing more to manage their money better.
Investors in cash have had better real returns in the last two years than any time since the end of the credit crisis fallout in 2010.
An emergency fund is what will stop you going back into debt.
South African households appear to have a better handle on debt levels, but this could be at the expense of savings, especially for emergencies.
A few weeks ago, a young man asked me a very simple question: “If I got a R3 000 windfall should I use it to party, to buy sneakers or to save?”
Does it not seem a little odd that you don’t feel you can discuss your concerns about your finances with your trusted financial adviser?
We often complain that we don’t have enough money to save, but it is often the hassle of opening up a savings account and committing to the minimum investment amounts that is the major hurdle. This is especially true for the younger generation...