Money Articles

  • Compound interest for dummies

    2014-12-11

    Compound interest describes the process of charging – or earning – interest on interest. The former is not so good; the latter is great. So, whether you are borrowing money or investing it, the concept is the same. What happens is that interest earned on a loan or investment is added to the original amount. The interest payable is regularly recalculated on the original amount and also any previous interest earned.  When financial whizzes speak of compounding, this is what they mean. 

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  • Understanding the world of loans

    2014-12-09

    We have all found ourselves in the type of situation where we need to borrow money but we are not 100% sure who to get it from. Our first choice is often to call upon what is termed the “F-squared” – in other words our friends or family. However, this is not always the easiest option as some find it more difficult to ask a loved one for money than a stranger.

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  • Prepaid cards make budgeting and saving a piece of cake

    2014-12-05

    Most of us feel the same way about budgeting as we do about dieting. We know we should be doing it, but often don’t get around to it, or stick to it. Budgeting can be hard work, especially when you aren’t sure which tools you should be using to help achieve your goals. There’s no shortage of budgeting tools or personal finance programmes, however prepaid cards can help consumers before they veer off track. 

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  • How to make the most out of your bank account

    2014-12-01

    One third more South Africans have a bank account today than did 10 years ago – that makes 75% of us now part of the banked population. But here’s an interesting fact: 33% of South Africans with bank accounts withdraw all their money as soon as it is deposited. 

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  • 5 Ways to Cut Spending

    2013-11-26

    It's often the smaller things that add up to huge costs over time - stopping the smaller costs may amount to significant savings in the long run. Here are 5 ways to cut spending every month.

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  • How to Save Money Monthly: 5 Tips

    2013-11-26

    Looking for tips on how to save money? It's as simple as 1, 2, 3, as you'll see in these 5 quick and easy tips to managing your personal finances.

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  • How to Save money in the kitchen

    2013-11-26

    Every tip helps when you’re trying to save money in the kitchen, so here’s a list of easy ideas to help cut the cost of family meals.

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  • How to save by taking care of your car tyres

    2013-11-26

    Taking care of your car’s tyres can pay off handsomely by increasing your tyres longevity, handling, and performance, as well as providing you with a more comfortable ride and better fuel consumption.

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  • Tips for Taking out Personal Loans

    2013-11-26

    A personal loan can be a very helpful way of getting finance when you really need it, but you need to make sure you can afford the payments. Read our tips on what to look for when taking out a quick loan.

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  • How to Create a Budget

    2013-11-26

    When you hear the word “budget”, what does it mean to you? If you’re like most people, you probably think of it as an unpleasant activity that means you have to financially deprive yourself. This couldn’t be further from the truth, yet this is the typical reason that most budgets fail.

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Total Articles: 276