South Africa’s economic journey in 2024 has been a challenging one. It has been marked by persistent load shedding, global economic uncertainty, and financial pressures on households. Despite these difficulties, the country’s resilience shone through. Now, we’ve learned that it grew better in the second quarter of 2024 and may […]
The South African Revenue Service (SARS) has introduced significant changes to the taxation of retirement fund contributions for the 2024 tax season, effective March 2024. These amendments bring about new rules on taxing contributions, particularly for individuals with assessment periods shorter than 12 months. Read: Your Guide To Tax Season […]
Debt accumulation is a fundamental part of the financial world, however, getting yourself into debt you can’t handle is not. There are ways you can combat your debt through the very thing rumoured to cause it – yip, your credit card. Most people overwhelmingly choose ineffective strategies for paying off […]
The road to financial independence can seem dark and dangerous, but it’s easy enough to light the way with these simple tips for managing your money and destroying your debt. 1. Track Your Spending Right now, given the state of the economy it is more important than ever to keep […]
Prescribed debt is an interesting scenario that people who utilise credit across South Africa should know more about. It’s not common, but if caught off guard, you could be responsible for a debt you don’t need to pay. Read: 10 Warning signs that you have a debt problem What is prescribed […]
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