Written or reviewed by Athenkosi Sawutana
How to build a good credit record
Credit scores range from 300 to 999, depending on the credit bureau. The higher your credit score, the more likely you will qualify for credit. If your score is below 620 it’s unlikely that you will get credit. However, there are things y...
Avoid debt collectors, choose debt counselling
There are two things you can do when you are struggling to pay your debt. You can either let your creditors hand your debt over to debt collectors – or you can let debt counsellors help you deal with your debt.
Retail notes - an easy investment option for new investors
Being a newbie in the world of investing can be challenging because you don’t know where and how to invest. With so many investment options, you could easily be befuddled. Justmoney looks at how retail notes can help you cut your teeth in...
Should you have a living will in place?
When you hear the word will, the only thing that comes to mind is the document that states who is going to inherit you property when you’re dead. But have you thought about who’s going to decide what happens to you when you become ...
Should you choose a fixed or floating interest rate?
When you take something on credit, whether it is money, a house, or clothes, the lender will charge interest. This is the price you pay for borrowing. Depending on the type of loan you are taking, the creditor will ask you to choose whether you ...
Don’t forget these deductions when submitting your tax returns
Financial year end is approaching once again, and soon preparations will commence for personal income tax submission. Experts note that taxpayers frequently focus on remuneration in their tax returns, and forget about the deductions that could s...
2 Financial planning mistakes that women make
Women make up 51% of the population in South Africa. However, statistics show that compared to their male counterparts, women are less insured, and they invest less. Justmoney spoke to Daphne Rampersad, a financial planning specialist at Li...
Additional funeral cover benefits unpacked
Insurance companies sometimes offer additional benefits along with their funeral policies. These benefits can be optional or built into your cover. But do you know what these benefits entail?
One retirement, so many funds – pick the right one
Saving for retirement should be one of your priorities. However, it can be confusing to choose between a pension fund, provident fund, preservation fund, or a retirement annuity if you’re not familiar with them.
Which funeral cover lays your worries to rest?
A funeral can be as expensive as R50,000, depending on the type of funeral you want. That is why purchasing funeral cover is important. However, you don’t have to accept every offer that is put on the table. Shopping around can save you a...
e-Wallets are convenient, but at what cost?
Capitec Bank is the latest bank to hop on the cash-send bandwagon. E-wallets changed the banking landscape forever, since it allows consumers to send money to people who don’t have bank accounts.
Compare debit order fees and save
Setting up a debit order ensures that you don’t miss any payments and have proof of payment should any problems arise between you and your service provider. But this convenience comes at a price. Banks will charge for every transacti...