Guiding consumers since 2009

Good week, bad week: 18 - 22 October

By Staff Writer

GOOD WEEK

Obeying the rules: Insurance can be a real pain and many of us cringe at the thought of forking out for something you might never even really use, however, if you obey all the rules of the road, you might end up paying lower premiums. Read the rest here.

Taking a cab: Hailing a cab is a big deal in big cities around the world but it's something that's only really started to catch on in South Africa in the last five years, mostly because the charges can be a bit ridiculous. First For Women and Cabs For Women have teamed up and they are offering their policy holders a nice discount on this service. Read the rest here.

 

BAD WEEK

Saving for retirement: Have you saved enough for retirement? Are you absolutely sure? Have you used a retirement calculator to see how much you should be saving and you're now trying to catch up? Don't worry, you're not alone. According to new surveys, almost everybody is trying to save for their golden years which, if you think about it, will probably be more unpolished copper if you don't start saving. Read the rest here

Economic growth: Remember all those public servant strikes? Finance Minister Pravin Gordhan has warned that the above-inflation wage hikes could have an impact on government's growth aspiration. That might be stating the obvious but the impact won't be felt immediately, in the long-term interest costs could rise in response to higher government borrowing. Read the rest here. 

 

Recent Articles

Featured Travel ban – how to claim for the loss incurred

As with the recent Covid-19 pandemic, governments sometimes issue travel bans to prevent people from travelling to other countries. This becomes even more complicated if you’ve already planned and paid for your trip. Your flights will be cancelled, and you may lose money from cancelled accommodation arrangements. How do you claim for the financial losses incurred due to a travel ban?

How to finance and insure a second-hand vehicle

Buying a second-hand vehicle may suit your budget better than acquiring a new one. But what impact does an older model have on vehicle finance and car insurance? We reached out to specialists in the field to explain what the financial implications are of pursuing a second-hand vehicle.

Reading your loan agreement: look out for this

Many people don’t read their loan agreements. They just sign on the dotted line without realising that they could be signing their lives away. But it’s important to review your loan agreement before and after taking your loan to avoid future setbacks.

 

Part 1: The difference between good and bad debt

In the first part of our Debt-ucate series we explore the difference between good and bad debt and why debt is, in fact, necessary.

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