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Are you ready for a house upgrade?

Are you ready for a house upgrade?

19 May 2020 · Athenkosi Sawutana

You moved into your home knowing one day you would need to make some changes to turn it into your dream home - add a new bedroom, a second bathroom, build a double storey or even move out.

How income protection can help you when you’re sick

How income protection can help you when you’re sick

17 May 2020 · Athenkosi Sawutana

Your greatest asset is probably your ability to earn an income, which provides a certain lifestyle and the capacity to take care of your dependants. That’s why it’s so important to protect your income against unforeseen illness or ...

Should you take out a loan during a recession?

Should you take out a loan during a recession?

14 May 2020 · Athenkosi Sawutana

South Africa recently entered its second recession in two years, after the economy contracted 1.4% in the fourth quarter of 2019.  When the country is facing turbulent times, personal finances also get affected, and sometimes debt becomes n...

7 out of 10 Readers are severely affected by COVID-19 – JustMoney Survey

12 May 2020 · Staff Writer

For the month of April, JustMoney ran a survey about the financial impact the nationwide lockdown has had on our readers. More than 2,000 participants shared their experiences with us.

What are the tax implications of withdrawing RA early?

What are the tax implications of withdrawing RA early?

10 May 2020 · Isabelle Coetzee

After saving towards your retirement for a couple months, you may feel an itch to withdraw the funds to cover some unexpected expenses. However, what are the consequences of doing this?

Marriage and money: Notes for couples in customary marriage

Marriage and money: Notes for couples in customary marriage

4 May 2020 · Athenkosi Sawutana

Many people in customary marriages don’t know that their marriage is in community of property by default – meaning they have an equal share in their estate. This includes their debt and assets. That leads them to make many mistakes...

Can’t pay rent? This is what you should do

Can’t pay rent? This is what you should do

29 April 2020 · Isabelle Coetzee

We all face challenging circumstances. For some of us, this may mean we’re unable to afford the basket of goods we usually purchase each month, and for others it may be as drastic as being unable to pay rent

Medical aid plans and health insurance - what’s the real difference?

Medical aid plans and health insurance - what’s the real difference?

27 April 2020 · Isabelle Coetzee

It’s difficult to choose between a medical aid plan and a hospital plan because both offer medical cover and the differences can sometimes be hard to identify. What’s even more complex is how each is structured and the impact this ...

Will your retirement annuity pay out if you’re terminally ill?

Will your retirement annuity pay out if you’re terminally ill?

23 April 2020 · Isabelle Coetzee

Being diagnosed with a terminal illness, such as cancer, is distressing. Not to mention the financial implications of caring for yourself during this trying time. But what does this mean for your retirement annuity (RA)?

Travel insurance can rescue you when stranded in another country

Travel insurance can rescue you when stranded in another country

21 April 2020 · Athenkosi Sawutana

Before travelling abroad, it’s always advisable that you purchase travel insurance. This insurance helps in case an unfortunate incident occurs. It covers not only your medical expenses when you get sick, but also the cost of transportati...

The 411 on funeral costs

The 411 on funeral costs

20 April 2020 · Danielle van Wyk

You might not want to consider this while you’re in the prime of your life, raising your children, or planning towards something special, but death is inevitable and planning for funeral costs necessary. In these uncertain times anything ...

Are you tying the knot? This is how your tax will be impacted

Are you tying the knot? This is how your tax will be impacted

19 April 2020 · Athenkosi Sawutana

In the rush to say “I do” to the love of your life, you might’ve forgotten about the tax implications of your union. Life is simpler when you’re single but when you get married, things become a bit more complicated.  

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