In September 2024, the South African Reserve Bank (SARB) finally delivered some financial relief, cutting its repo rate by 25 basis points (bps) from 8.25% to 8.00%. The rate cut indeed kicked-started a gradual interest rate easing cycle after more than four years without cuts. Although an apparently small adjustment, […]
Money plays a big role in impacting our lives. It not only impacts our financial well-being but also our happiness and sense of security. That being said, there are a lot of South Africans that struggle to reach financial freedom. Instead, they are locked in a constant battle with a […]
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 […]
Today being in debt is a fact of life. No matter who you are or where you live, chances are you’re in debt, either from mounting credit cards, personal loans, or all of the above. However, not all debt is bad, in fact living a completely debt free life is […]
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