Digital Financial Education
Managing investments and personal debt is a balancing act many individuals face. One common scenario is when people have an exchange-traded fund (ETF) portfolio yet also carry a mortgage bond. This situation raises questions about whether to sell investments to pay off debt or to stick with the current strategy. Let’s explore an example where … Read more
Turning 25 is an exciting milestone. It’s even more exciting when you receive a financial gift, like R45,000 from your parents. This can be a great opportunity to set yourself on a solid financial path. If you don’t have debt or large purchases on your mind, here are some smart options to consider. Think About … Read more
Investors looking to enhance their retirement portfolios may have come across the Sygnia Skeleton 70 funds. The options can be confusing, especially since there are different versions available. This article will break down the three main choices and help you understand which fund might be the best fit for your needs. The Three Fund Options … Read more
Many employees are discovering the harsh realities of pension funds, especially when their contributions seem to vanish into fees and insurance products. One such case highlights the pressing issues faced by workers who find their hard-earned money eroded by high charges. In many companies, pension funds are often set up as umbrella funds. This means … Read more
In today’s digital age, buying a car online can be appealing. Many of us enjoy the convenience of browsing hundreds of vehicles from our homes. However, there’s a growing issue that car buyers must be aware of: fake car websites that list imaginary cars for sale. Recent reports highlight a website that lures buyers with … Read more
Buying a car can seem overwhelming, especially when considering how to finance it. As you weigh your options, it’s essential to understand the differences between personal loans and vehicle finance. Here’s what you need to know to make the best decision for your needs. For many people, car loans typically come with lower interest rates … Read more
In the world of finance, arbitrage offers a unique opportunity to profit from differences in currency values or asset prices across markets. However, as many traders are discovering, entering the forex and crypto arbitrage space can come with its own set of challenges, particularly when it comes to regulations and banking restrictions. One key hurdle … Read more
Managing debt can be overwhelming, especially when it comes to credit cards and loans. If you find yourself in a situation with significant debt—like owing $20,000 on a credit card and $10,000 on a loan—it’s crucial to have a plan. Here are some steps you can take to lower your credit debt effectively. Understand Your … Read more
Buying a home is an exciting step, especially for first-time buyers. However, it can also be overwhelming. With many choices and financial factors to consider, it’s essential to navigate transfer costs and deposits wisely. Here’s a guide to help you understand how to make informed decisions in your home buying journey. Shopping for Your First … Read more
Credit scores can feel like a mysterious number influencing many areas of your life. A low score can make it hard to get loans or even jobs. For many young adults, making poor financial decisions early in life can lead to significant challenges. However, there is hope. With the right information and determination, you can … Read more