We have all heard of trusts at some point in our lives, trusts are often associated with the ultra-wealthy. However, trusts can be used by just about any middle-class family, [ … ]
Category: Personal Finances
What is inflation and how does it affect a household
We have all heard of inflation, but a lot of us don’t really understand how it works, why it happens and how it affects us. Inflation is the rate of [ … ]
Best way to protect money from Inflation in South Africa
Inflation is described as the increase in prices over a period of time and a fall in the purchasing value of money. This is why things increase in price over [ … ]
What is a money market account and how does it work?
A money market account is a great way to save money and earn interest. They typically offer high yields in interest than traditional savings accounts. Money market accounts are not [ … ]
How to reduce estate duty in South Africa
Estate duty is levied on the dutiable value of an estate at a rate of 20% on the first R30 million and a rate of 25% on the dutiable value [ … ]
How to get a housing subsidy in South Africa
Shelter is one of our basic needs, we can’t survive without proper shelter. Housing is very expensive. It is arguably the most expensive purchase that most people have to make [ … ]
Side hustles for students in South Africa
We all could use a little extra cash and side hustles are some of the best ways to make it. Side hustles are a good way to raise money to [ … ]
How to budget for your child’s education in South Africa
We are living in an era where education is very important, it has become difficult to get any work without education. A lot of people don’t budget or save for [ … ]
What is a debt consolidation loan and how does it work?
A lot of us will utilize debt at some point in our lives, since we lived in a debt-based economy. Sometimes this debt becomes too much of a burden to [ … ]
How to save money on groceries in South Africa
You can save a lot of money by just being a smart grocery shopper. You can save up to 30% of the money that you normally spend on groceries by [ … ]