“It’s important for home finance applicants to intentionally take the time to fully understand the process and requirements that need to be met when a bank assesses their home loan applications," says Mfundo Mabaso, Product Head at FNB Home…
"There are several easy, yet crucial proactive steps consumers could and should take to safeguard their financial future. Avoiding unnecessary debt, maintaining a budget, and prioritizing essential expenses are key strategies to remain financially…
"March is Human Rights Month in South Africa – a time to reflect on the freedoms that shape our society. While we often think of human rights in terms of equality, speech, and movement, financial rights are just as important," says African Bank.
“What stood out even more as we analysed the data was that, partly due to these large payouts, the monthly salaries of our wealthiest clients make up only about half of their total annual income – 51% – indicating their diverse income streams.…
"We are proud of the positive impact Paymenow has on employees and their workplaces. This independent research validates what we've seen anecdotally: providing employees with access to their earned wages when they need it helps them manage their…
“From the cases we’ve handled, scammers often initiate contact on online platforms by expressing romantic interest. Once a connection is established, the scammer fabricates urgent financial or personal crises to manipulate their target into…
“We need to be very careful and disciplined. While lower rates make borrowing ‘cheaper’ in the short term, consumers shouldn’t be tempted to get into further bad debt which could put one in a worse-off financial position in the long-term," warns…
“Financial fitness is partly about budgeting and saving, and partly about understanding and managing debt. This is especially important at this time of year, when you may be considering borrowing money for school fees and other yearly expenses,”…
“As you prepare for the exciting New Year, remember that your goals, ambitions, and resolutions present an opportunity for scammers. They capitalise on the uncertainty and pressure that often accompany new beginnings, and prey on your hopes…
Tshiamo Molanda, Head of Youth and Mass Market Clients at Standard Bank, encourages students and parents to start the student loan application process early and gather all necessary documents in advance to avoid last-minute rushes and delays.
“It’s important to remember that education is one of the best investments you can make in your child’s future. Planning, prioritising, and creativity can help you start the school year right, and set your child up to succeed, without breaking…
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