Managing Your Finances
Financial Stress and its Causes
Financial stress is the emotional or physical outcome that one suffers when they are worried about the state of their finances. Financial stress can affect someone’s mental and physical health.
Why Set Financial Goals?
Financial success is the result of intentional planning and disciplined execution. One of the key pillars of financial planning is setting clear and achievable financial goals.
What is a Credit Score and How is it Calculated?
A credit score is a numerical summary of your creditworthiness based on your history. Here are the factors that influence it.
Why You Should Have an Emergency Fund When You Are Trying to Get Out of Debt
No-one knows what is going to happen — it's all about thinking ahead. Here is a quick guide to setting up an emergency savings fund.
The Risks of Buy Now, Pay Later and Role of the National Credit Act
In recent years, the Buy Now, Pay Later (BNPL) trend has gained tremendous popularity among consumers in South Africa.
What are the Risks of a Poor Credit Score?
Your credit score is an estimate of how risky it would be for credit providers to loan you money. A poor score means you're unlikely to get loan offers.
Financial Literacy for the Youth
The Youth Day commemoration in South Africa honours the bravery and sacrifices of the generation of 1976, in its struggle against an unjust and illegitimate regime. Today’s youth are facing their own struggle: that of rampant youth unemployment.
Couples and Money
Money tops the list of the reasons why couples fight or divorce. Not being aligned on priorities and not having established common goals is dangerous.
Dealing with January Financial Blues
The festive season is done and dusted, New Year's Eve has come and gone, and January is here. For many, this is when the financial blues start.
Dealing with Your Finances This Festive Season
As the saying goes, “The rich rule over the poor, and the borrower is a slave to the lender.” Don’t let yourself be enslaved by debt. If you don’t have the money, you can’t afford to spend it.
Are You Overpaying on Insurance?
Insurance is a balancing act. You need to ensure you are adequately covered to protect you against risk, but you should also avoid being over-insured.
How Inflation Impacts Your Cost of Living
As prices continue to increase in South Africa, so does the cost of living. Consumers spend more of their money to pay for their daily lives. In the end, they have less disposable income to pay for their monthly debt obligations.