Banks are just like other businesses – they charge a fee for their services called a ‘bank charge’ or ‘service fee.’ However, every bank has their own way of doing business and will charge different rates depending on the type of account you have and how and when you take money out.
Travelling can be an expensive endeavour, and the temptation to dip into credit becomes greater if you realise your dream trip may be unaffordable. For those who love to travel, but do not have the upfront funds to make it happen immediately and, more importantly, don’t want to get themselves into debt, lay-buy travel is the answer you’ve been looking for.
Whether you’re just starting a family or are welcoming another little bundle of joy into the world, a child will have a significant influence on your life. Raising a child may be one of life’s most rewarding experiences, but as a parent your priorities and responsibilities will change.
The South African Reserve Bank (SARB) has been notified of over 5 000 alleged financial scams in South Africa over the past five years, and they advise South Africans to be extremely cautious when investing their hard-earned money. Financial scams are common in South Africa, and consumers are urged to be aware of schemes that promise high returns within a short space of time.
There are certain money mistakes that can cost you for the rest of your life, such as taking on too much debt or failing to save enough for your retirement. Ensure you remain financially stable by avoiding the following five money mistakes from a list compiled by three financial advisors who work with people and their money every single day
On 22 February, the South African Minister of Finance, Pravin Gordhan, delivered his annual budget address in Parliament. While the budget, which s ...