Guiding consumers since 2009

Planning for 2010

By Staff Writer
South African Deputy President Kgalema Motlanthe believes that the country should be proud and celebrate what they have achieved ahead of the FIFA 2010 Soccer World Cup.

Kick-off is just 99 days away and South Africa's anticipation continues to grow despite the global economic recession. So, whether you've already got your tickets or whether you'll be watching from the couch - here are some things to keep in mind before this sporting extravaganza comes to our country: 

  • Budget: make sure you plan ahead and take some time to figure out how much you are going to need and what you'll be spending it on. If you are going to any of the games, you'll probably want refreshments, memorabilia, team shirts and all other kinds of goodies. Plan your monthly budget around this.
  • Start saving: 99 days might not seem like a lot of time but it's plenty. If you start putting away just R5 or even R10 a day for five days a week and putting it into a short term savings account, you'll have money set aside so that you won't be left short when the big day comes. If you're worried about bank costs, you can also put the R5 in a jar every day. This way the whole family can see the money grow and get excited about the World Cup while seeing the real time benefits of saving.
  • Invest: It's a biggie, but the South African Gold Coin Exchange have just released a limited edition World Cup coin collection and with gold being one of the most stable investments around, what better memorabilia is there?

Like with everything in life, planning ahead for this historic event is vital if you want to enjoy yourself without still paying off the debt when the vuvuzela is broken and the soccer shirt faded.

Whatever your needs, remember that you have the chance to be a part of history. From the couch, the stands or the pub, you will get to tell your grandkids: "I was there".

Recent Articles

Featured Are you entitled to your spouse’s pension after divorce?

Divorce means more than just parting ways with your partner. It may also involve parting ways with your assets. The Divorce Act states that your retirement fund forms part of your assets. This means that it will be considered when dividing up your assets.

Retrenched – what payments are you entitled to?

In the current struggling economic climate, retrenchments are a regular occurrence and not everyone survives the cut. If you find yourself on the receiving end of retrenchment you may have questions about the payments that are due to you.

Do you want to settle your debt?

You may be considering settling your credit account, whether it’s a credit card or various store accounts, now may be as good a time as any. This especially if you have saved, or you received a tax return or salary bonus. 

Can you afford a personal loan?

Taking out new debt is not always a choice. However, if you’re not pressed by a medical emergency or an unforeseen disaster, it’s worthwhile considering whether you can actually afford it. But what does it mean to “be able to afford a personal loan”? What percentage of your income should you not exceed dedicating to it? 

Deals

Eat for less on Tuesdays at Panarotti’s

Price: R59.99
When: Tuesdays
Where: Nationwide

Get discounts with Clicks ClubCard Seniors Programme

Price: Available on request
When: Daily
Where: Nationwide

Amani Spa Voucher Special

Price: R1000
When: Daily
Where: Cape Town, Jhb, and Port Elizabeth