FinDude

Many online shoppers in South Africa are currently facing issues when trying to make purchases using E-Bucks on Takealot, one of the country’s largest e-commerce platforms. Customers have reported problems with generating a One-Time Password (OTP) required for completing transactions. E-Bucks are a digital currency system used primarily by FNB (First National Bank) customers to … Read more

In a pinch, many people consider using their credit cards to pay off loans. It can seem like a good idea, especially if the credit card has a lower interest rate. However, this approach can be risky, especially if you struggle with self-control when it comes to spending. Consider the case of someone with a … Read more

Creating a budget is a crucial step toward achieving financial stability. A well-structured budget helps manage expenses, saves for emergencies, and plans for the future. Here, we look at a sample monthly budget and provide insights for improvement. Understanding the Budget The monthly budget in question starts with a net income after taxes of R16,200. … Read more

Investing can be an overwhelming journey, especially for those just starting. In South Africa, unit trusts and exchange-traded funds (ETFs) are popular options for many investors seeking growth and diversification. This article will break down what unit trusts are, how they compare to ETFs, and some options for investing wisely. What Are Unit Trusts? Unit … Read more

Getting your wisdom teeth removed can be a stressful experience, both physically and financially. Many people wonder how to manage the costs involved, especially if they are looking for medical aid to help cover the expenses. If you need to have your wisdom teeth removed, you’re not alone. For those who need surgery, the costs … Read more

In financial discussions, people often share different opinions about managing debt. A recent conversation led to an interesting topic: prescribed debt. This concept can have a significant impact on how people view their financial responsibilities. What is Prescribed Debt? Prescribed debt refers to a legal principle in which a creditor loses the right to collect … Read more

Investing in exchange-traded funds (ETFs) can be a smart way to grow your wealth. For those investing in U.S. stocks, a common choice is the S&P 500 index. Many investors are faced with deciding between ETFs from different providers, such as Satrix and Sygnia. If you’re currently invested in the Satrix S&P 500 ETF and … Read more

Navigating Shorting and Options in South Africa’s Stock Market Complete guide for South African residents Last updated: December 2024 Quick Facts Shorting and options are advanced trading strategies on the JSE You must use an FSCA-licensed broker to trade derivatives High risk – you can lose more than your investment Not suitable for beginners with … Read more

Understanding Penalty Fees on Vehicle Finance in South Africa Everything you need to know about car loan penalty charges and how to avoid them Last updated: December 2025 Quick Facts About Vehicle Finance Penalties Early settlement on loans over R250,000 can cost up to 3 months’ interest Late payments can lead to repossession after 75-90 … Read more

Accidents happen to even the most careful drivers. When a motorist accidentally damages another vehicle, they may be unsure about how their insurance works, especially regarding excess payments. If you’re considering filing a claim under third-party insurance, it helps to know what to expect. Imagine this scenario: You’re driving and, by mistake, you hit the … Read more