Articles by Athenkosi Sawutana
Taking out a personal loan for a home deposit – is it wise?
When purchasing a home, you’ll often be advised to make a down payment to reduce interest and the amount you’ll pay back for the loan. Unfortunately, not everyone can afford this deposit right away and some resort to taking out a p...
Should you strive for an excellent credit score?
We often hear from financial experts that we should improve our credit score because it puts us in good stead with the credit providers – and it really does. When you have a good credit score, you’ll be in a favourable position to ...
Can your insurance application be rejected because of your credit score?
A credit score is used by lenders to determine how likely it is that you will repay a loan on time. It is also a factor in interest rates and loan qualifications. But can it be used to determine the success of your insurance application?
Prime and repo rates: How do they affect you?
When we talk about borrowing money, terms like the repo rate and the prime lending rate tend to come up. But what are they and how do they affect you?
Make rewards programmes work for you
Many retailers and financial service providers have introduced rewards programmes, or loyalty programmes, to retain their customers and make them feel appreciated. These programmes can help you save money, but you have to know how to make them w...
Aligning your financial goals in a relationship
When two people enter into a partnership through dating, marriage, co-habiting, etc, usually there‘s an enormous amount of effort spent on finding commonalities. However, this process often neglects the financial status and long term goal...
Kids say the darndest things – about money. How can you help them?
The 20th of November annually marks World Children’s Day. To celebrate the day, we quizzed some kids about what money means to them. To our surprise, many of the children recognised the importance of money, and the value of saving it as a...
Which bank account is best for your child?
One of the best ways to teach children about the importance of money is by opening a bank account for them. With World Children’s Day just around the corner, JustMoney contacted the most prominent banks to compare kids’ bank accoun...
5 Ways to borrow - choose carefully
There are many ways to obtain credit. It’s up to you to choose which form is suitable for your needs. But before you make that choice, it’s important to weigh the pros and cons of each.
Your retirement savings could be the key to owning a home
Many people would love to become home owners but don’t know or have the means to do so. However, there are many ways, and one of them includes using your pension or retirement savings to secure a home loan.
A guide to saving after retirement
Everyone knows that saving for your retirement is good for many reasons, such as not having to depend on social grants or your family, and sustaining the quality of the life you’re leading. However, many people think that once they ...
Be careful of credit scams – protect yourself!
When people are desperate, they become vulnerable to fraudsters who are after their hard-earned money. Have you fallen victim to credit scammers? Do you know how to protect yourself when confronted by fake credit providers?