One of the more frequent questions people ask is whether or not to use a lump sum to pay off debt.
Tag - Money Matters
Before you spend money on a gift for a family member, take some time to find out what makes each member of your family feel loved.
Financial freedom means different things to different people. For some it might be about having no debt, while for others, it might be about having choices about what work you do or what age to retire.
I have no doubt that without budgeting every month and maintaining strict financial discipline, our family would have become another credit statistic.
If you are starting a new job or considering a change, you need to understand the implications of your new package.
Credit can be extremely valuable in achieving life goals such as paying for tertiary education, buying a car or providing a home for your family. However, it can quickly turn into a debt trap if we start to use it for day-to-day living on items we could easily save for. What we don’t always realise is how much that debt is really costing us...
Time is one of the most powerful forces when it comes to growing your money – all thanks to the power of compounding.
Sometimes we need to access credit for emergencies, student loans, or to buy a car. The key is to try and get the best possible interest rate ‒ which means you need a good credit score.
Managing our finances is harder for some people than others because of our personality types.