2 days agoFreedom! Your five-step plan to financial independenceWhat does it mean to be financially independent? Well, it’s different for different people. It might mean that you don’t have to rely on your parents to cover your rent every month. Or maybe you don’t want to have to rely on your children to look after you one day…Finance3 min read
May 19Time is money: why you should start investing nowWhat’s the number-one investment hack? It’s simple: time. Albert Einstein once described compound interest as ‘the eighth wonder of the world’. Essentially, it’s interest that you earn on interest — your money grows exponentially the longer you leave it invested. Here’s an example to show how compound interest works… The…Money3 min read
May 12How to start saving. For real this time!It’s that dreaded S-word again… Saving. We all know we have to do it, but so often it just doesn’t happen. It’s as if there are too many surprises in life that need to be taken care of. …Money3 min read
May 55 money questions you should be able to answerWhen it comes to personal finance, you don’t need to know everything, but there are some important questions that you should be able to answer if you want to stay on top of your spending and guarantee your future financial freedom. Can you answer all of these? 1. What are…Money3 min read
Apr 28Cost crisis! How to adjust your budget for inflation 📝In March this year, the annual inflation rate in South Africa rose to 5,9%. What is the inflation rate? It’s basically a measure of how much more expensive things are getting. …22 Seven3 min read
Apr 28Financial advice in South Africa: everything you need to know 📚Spending money is oh so easy, but saving and investing is another story! If you’re fortunate enough to have some spare cash left over at the end of the month, what on earth do you do with it? Do you pay down your debt, invest it, hide it under your…22 Seven3 min read
Apr 14Life happens: Why you need an emergency fund 💰An unexpected event can have a devastating impact on your finances. You might lose your job, your house might need urgent repairs or you might have a health crisis. …22 Seven3 min read
Apr 7A-a-avalanche! How to get rid of your debt for good ⛄Paying off debt is difficult. Cash flow is affected by soaring prices and interest rate hikes, and it’s easy to become demotivated as time goes on. But clearing your debt is the only way to become financially independent. We’re here to help: Last week we looked at the snowball method…22 Seven3 min read
Mar 29Clear your debt with the snowball method — here’s how 💪In 2021, on average, South Africans were spending 75% of their take-home pay on debt. That’s a scary statistic. If you’re one of those people, whose debt repayments are building into a mountain that seems impossible to climb, then read on. …22 Seven3 min read
Mar 24Don’t be a victim! Two common payment scams and how to avoid them 🔐There probably isn’t a person reading this who hasn’t received one of those classic phishing e-mails, where you’re encouraged to click a link and give up your personal information. Phishing is a scam that has been around forever and we’ve become well-trained at spotting fake mails. Maybe the criminals have…22 Seven3 min read
