B2B Central

saving

30 Jan 2018

Free higher education still costs money

By Janice Roberts

In December 2017, South African President Jacob Zuma announced that all students from working–class homes would qualify for free tertiary education from 2018.
29 Jan 2018

Increasing the savings rate can secure a better future for SA

By Janice Roberts

GDP figures signaling better than hoped for economic growth in 2017 brought sighs of relief all round after an unquestionably tough year financially for South Africans. But Mbulelo Musa, a Wealth Advisor at BayHill Capital, cautions that this growth is not nearly enough, and the time has come for us all to play our part...
24 Jan 2018

How to improve your finances in 2018

By Janice Roberts

By Thandi Ngwane, head of strategic markets at Allan Gray. The start of a New Year often brings with it a renewed sense of purpose, which is why many people promise to improve themselves through resolutions. Getting to the gym more often is usually high on the list. A commitment to becoming financially fitter, so...
24 Jan 2018

Using TFSAs and RAs to benefit financial wellbeing

By Janice Roberts

South Africa’s national average savings rate is a dismal three percent, while the household debt to income ratio is a staggering 74.4%.
07 Dec 2017

Ending 2017 on a financially high note

By Janice Roberts

Alexander Forbes Financial Planning Consultant, Rita Cool, offers some important financial advice on how to see out 2017.
23 Nov 2017

How to tame temptations

By Janice Roberts

By Jeanette Marais, director of distribution and client service, Allan Gray. A survey conducted by the University of Pennsylvania a few years ago asked respondents to rank their strengths in 24 different skills. Self-control ended up at the very bottom of the list.
22 Nov 2017

How to avoid a financial hangover in January

By Janice Roberts

As the so-called silly season approaches, many South Africans throw caution and their budget out the window to enjoy the annual extravagant holiday activities and sprees. Splurging on unnecessary ‘summer essentials’ and gifts or flashy vacations can however lead to a financial hangover in January, warns Lizl Budhram, Head of Advice at Old Mutual Personal...
22 Nov 2017

Money management styles: How do you handle money?

By Janice Roberts

Will you be left with cash once all the year-end festivities have died down or will you look back with a tinge of regret? Well, it all depends on your relationship with money because people relate differently to money.
08 Nov 2017

Financial planning as a single parent

By Janice Roberts

Education, groceries, clothes and entertainment are some of the costs that parents must provide for their children. However, for some single parents the weight of expenses can be immense because they only have one income.
28 Sep 2017

Tips for managing a new inheritance

By Janice Roberts

Becoming a wealthy individual overnight can be overwhelming and challenging for heirs who are not adequately prepared for the transition. Eric Enslin, CEO of FNB Private Wealth and RMB Private Bank, says a majority of high-net worth individuals and families are advised well in advance to prepare heirs for their inheritance, but circumstances often do not allow everyone...
30 Aug 2017

Why it pays to start saving early

By Janice Roberts

By Francis Marais, Senior Research & Investment Analyst at Glacier by Sanlam. Saving is often very much at the back of any young, recently employed person’s mind. Unemployment amongst young people is high. In fact that is an understatement – it is frighteningly high – with official figures for young people sitting at roughly just...
03 Aug 2017

SA’s financial mindset gradually shifting towards saving

By Janice Roberts

While harsh economic realities continue to put downward pressure on South Africans’ ability to conserve money for the future, these same realities do appear to be positively impacting the general attitude held towards saving. This is according to the 2017 Old Mutual Savings and Investment Monitor, which shows an encouraging increase in the percentage of...