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Financial Planning & Literacy

 

Financial Planning / 19-03-25 / Sisanda Ndlovu

March Bonus Season: high income earners relying on payouts to build wealth

“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.…

Financial Planning / 11-03-25 / Duty Editor

Study reveals link between employee financial wellness and workplace productivity

"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…

Financial Planning / 12-02-25 / Daniel Nkosi

Safeguard your heart and wallet: avoid online scams

“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…

Financial Planning / 12-02-25 / Shelly Nxumalo

Third consecutive interest rate cut not an opportunity to take up more bad debt

“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 Planning / 11-02-25 / Duty Editor

Financial fitness 101: What you need to know before taking out a loan

“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,”…

Financial Planning / 23-01-25 / Shelly Nxumalo

Year-round scams: Current seasonal tricks to watch out for

“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…

Financial Planning / 23-01-25 / Daniel Nkosi

How to prepare your student loan application amid rising demand

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.

Financial Planning / 09-01-25 / Duty Editor

Prepare your finances for back-to-school costs

“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…

Financial Planning / 14-10-24 / Tommy Jackson

Getting your personal finances visa-ready

“You don’t want to jeopardise the experience of a lifetime by having your visa rejected or delayed before departure, simply because you’ve supplied an outdated photograph or forgotten to have a document stamped,” cautions Sarah Nicholson, operations…

Financial Planning / 09-10-24 / Shelly Nxumalo

Master your money this Financial Planning Week

'Financial Planning provides a roadmap for achieving what’s important to you and ensures long-term financial stability. Sound financial planning helps you understand your current financial situation, set realistic future goals, and develop a…

Financial Planning / 02-10-24 / Daniel Nkosi

The true impact of a divorce on your Will and Estate

“From an Estate planning perspective, a Will should be treated as a living document and updated regularly and updated regularly to reflect changes for circumstances such as the above. Many people believe that a divorce automatically revokes…