Below you'll find a list of all posts that have been tagged as “Financial wellness”
For South Africans, load shedding is a reality; however, there is a bright side to this dark cloud. Here are a few ways on how you can save money during load shedding: Switch to gas: Apart from the instant heat that it provides when cooking, it also has a higher heating value, allowing you to heat your home at a …
On Thursday 20 February 2019, Finance Minister, Tito Mboweni, delivered his budget speech in Parliament with no increases in personal or income tax. However, according to the finance minister, this is where we will see tax hikes: Sin tax: These will be the following tax increases in tobacco and alcohol beverages: Can of beer: 12c increase to R1,74 …
In April 2018, the International Monetary Fund (IMF) estimated that the South African economy will grow by 1.5% this year. However, the fund recently revised its projection to 0.8% since the country moved into a recession in the second quarter of this calendar year. In addition to the IMF, the World Bank and the Reserve Bank also changed their growth …
It is a known fact that many South Africans have been under financial pressure over the last couple of years. Just how much pressure we are talking about might surprise you, as recent research undertaken by Momentum and Unisa found that 73.5% of South African households were financially unwell in 2017. The decline in household wealth can be attributed to …
Here are a few ‘tricks’ you can use to reprogramme your brain to help you manage your finances responsibly and reach your personal financial goals: Use personal milestones as motivation to save: Use a big birthday such as turning 30, 40, 50, 60 or 65 as a personal deadline by which you want to reach certain goals. This can include …
Find out how this generation spend their money and how organisations can assist them on their journey towards holistic financial wellness. According to a recent survey done by Old Mutual to better understand the financial behaviour of employed millennials, 24% of millennials are currently invested in a unit trust – versus only 2% among older generations. The survey found that …
