Understanding the repo rate and how it affects your money in South Africa
In this blog post, we’ll explore the ins and outs of the repo rate in South Africa, explaining why it’s important and how it affects your money.
Budgeting your way to financial security
Awareness of where your money flows each month forms the foundation to a well-crafted budget. Knowing which recurring living expenses and loan payments are essential, each month can help you prioritise your day to night activities. Freelancers especially need to ensure they cover their basic needs to keep out of the red when their cash flow varies.
6 ways to avoid a holiday debt hangover
Here are a few tips on how to make it through the season of spending without incurring a load of holiday debt.
8 tips to manage your debt better, today
No matter what type of debt you’re in — whether it is credit card debt, student loan debt, vehicle finance, or something else, it is important to know how to manage it effectively.
Five financial habits that impact your Splendi credit score
Building and maintaining a solid credit reputation requires knowledge of the factors that influence it.
Using your credit responsibly
Being responsible with your credit means living within your means and not spending beyond what you can afford. When you use your credit, keep an index card in your wallet and write down the purchases you make. That way there will be no surprises when your statement arrives in the mail. You will also be able to keep a handle on what you are spending. Make sure you are charging only what you can afford to pay.
The 8 money personality types
We all have our own way of gaining, losing, spending, and saving. These habits form around a variety of factors and experiences. Finding out your money personality can teach you more about yourself, and the best way for you to look after your money. Each of us has our own money personality type, do you know what yours is?
Know your rights: how the national credit act protects you
Getting caught in a debt trap is no joke. Taking on more debt to pay your outstanding loans can quickly spin out of control.
Navigating Januworry: A guide to financial wellness
As the festive season fades into the rearview mirror, many people find themselves facing the harsh reality of January – a month often referred to as “Januworry.” Characterized by depleted bank accounts, looming credit card bills, and tightened budgets, Januworry can be a challenging time for individuals striving to maintain financial health. However, with careful planning and a proactive approach, it is possible to navigate this financial hurdle and set the tone for a prosperous year ahead.
How credit insurance can cover your debt
Many South Africans may be worrying about making the minimum payments on their credit accounts such as credit cards, loans, and other forms of credit. Here’s what can be done.