personal finance Archives

11 Feb 2022

Why South Africans need the lifeline of income protection

By Staff Writer

The long-term loss of income due to illness or injury is the single biggest financial risk young people face throughout their working lives.

20 Jan 2022

Financial literacy is key to prosperity and wellbeing

By Staff Writer

Many South Africans want to save but lack the financial understanding to navigate and select between the various options available.

20 Jan 2022

The compass to guide your investment journey

By Staff Writer

The key objective of Momentum’s outcome-based investing philosophy is ensuring that clients’ investments are aiming towards the same goal or outcome as they are.

19 Jan 2022

Benefits of buying life insurance in your 20s

By Staff Writer

Most young adults enjoy better health which will equate to lower monthly premiums with no exclusions.

13 Jan 2022

Reviewing your short-term insurance – Ways to stay covered on a tight budget

By Staff Writer

Several ways you can make sure your insurance covers your risks on a tight budget.

12 Jan 2022

Charting the path for a financially empowered South Africa

By Staff Writer

Financial literacy should be a cornerstone of education at all levels.

17 Dec 2021

Key spending considerations during the holiday season

By Staff Writer

The holiday season shopping rush may present further temptations to buy goods at discounted price.

25 Nov 2021

Medical aid renewal season: what to consider

By Staff Writer

Between now and December, medical scheme members will need to make important decisions about their healthcare plans.

01 Oct 2021

Creating financial resilience to become money savvy

By Staff Writer

Covid-19 and the global financial crisis highlighted how vulnerable some households were to the financial shocks that followed. These events have led people and firms to rethink how prepared they are to weather financial shocks. This has resulted in financial resilience awareness and strategies such as cultivating habits of savings, debt reduction and smart money management.

22 Nov 2018

Make sure divorce doesn't cost your savings

By Janice Roberts

Getting divorced is a relatively straightforward process, although the emotional and financial implications are often enormous. Because a marriage must be dissolved by a court, it can take a long time before the matter is settled – and many estranged couples may find they are already out of pocket by then.

21 Jun 2018

SARB Quarterly Bulletin: Personal finances deteriorate in Q1

By Janice Roberts

The SA Reserve Bank released its Quarterly Bulletin today, showing that personal finances deteriorated in Q1 2018. According to Nedbank’s Dennis Dykes and Johannes Khosa: There was almost no growth in real disposable income over the quarter, while household debt increased. The ratio of household debt to disposable income rose to 71,7% from 71,2%, and the...

04 Apr 2018

Have a Personal Finance Day every month

By Janice Roberts

Just as we all enjoy a day to ourselves; be it for shopping or a day at the spa – everyone should have a Personal Finance Day.