Practical money guides for South Africans
Practical guides to budgeting, debt management, credit scores, loans, insurance, and everyday money decisions for South Africans.
Smart Retirement Strategies for South African Educators Complete guide for teachers planning a secure retirement Last updated: December 2024 Quick Facts for Teachers GEPF retirement age stays at 60 for current retirees You contribute 7.5% of salary, employer adds 13% Pension increases with inflation every year GEPF is 119% funded and financially secure Never pay … Read more
Understanding How Capitec Savings Account Interest Works Complete guide for South African savers Last updated: December 2025 Quick Facts Interest rates range from 2% to 6% based on balance Interest calculated daily, paid monthly into account No monthly fees on savings plans R30 minimum balance required Access Anytime account gives instant access to money Table … Read more
Understanding SARS Foreign Employment Income Exemption Complete guide for South African residents working abroad Last updated: November 2025 Quick Facts First R1.25 million of foreign income is tax-free Must work outside SA for 183 days per year Need 60 continuous days outside SA Only for employees, not self-employed Must still declare all foreign income to … Read more
Day trading can be exhilarating. It’s a fast-paced world where your next trade could lead to impressive gains, or unexpected losses. However, alongside the thrill of trading comes a pressing question: how will these activities be taxed? For South African day traders, the choice between trading as an individual or through a company can significantly … Read more
Understanding the Path Out of Debt Review in South Africa Complete guide for South African residents seeking financial freedom Last updated: December 2025 Quick Facts Clearance certificate costs around R3,000 Credit bureaus update within 20 business days Only NCR-registered debt counsellors can issue clearance You must settle all short-term debts first Free debt review removal … Read more
When it comes to using a credit card, many South Africans want to know how to get the most out of their spending. With grocery and petrol prices rising, finding a card that offers good rewards and cash back can feel like a quest for buried treasure. If you and your partner are planning to … Read more
South Africa’s financial landscape continues to evolve with the advent of digital banking options, one of which is TymeBank. A recent Reddit post highlights the experiences of a new TymeBank account holder, shedding light on some interesting features and quirks of the platform. Opening a TymeBank account presents account holders with the opportunity to enjoy … Read more
Maximizing Tax Savings Through Retirement Annuity (RA) Contributions How to reduce your SARS tax bill while saving for retirement Last updated: December 2025 Quick Facts Save up to 27.5% of your income from SARS tax Maximum deduction is R350,000 per year Your RA investment grows tax-free Get a SARS tax refund when you contribute First … Read more
Understanding Rental Deposit Interest for Tenants. A practical guide for South Africans with everything you need to know.
Finding the Best Personal Loan Rates in South Africa Complete guide for South African residents Last updated: December 2025 Quick Facts Lowest rates start from 11.75% per year Prime lending rate is now 10.5% as of August 2025 Maximum legal rate is 27.75% per year for personal loans Your credit score affects your rate Never … Read more