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 It’s possible to change your marriage regime

Many people wed before they sign an antenuptial contract (ANC). This is especially practiced by people in customary marriages and those not clued up about the ANC. The law says if there’s no ANC before the wedding takes place, the marriage will automatically be in Community of Property. 

Keep this in mind when taking out new financial products

Adding a product to your personal finance portfolio, such as insurance or an investment, is a big decision. We found out what you should keep in mind before taking out a new product, how you can assess the products you already have, and how you can generally improve your financial position.

Are you in debt denial?

With debt levels increasing at 13% more than income levels, South Africans are more debt-stressed now than arguably ever before. This is iterated by the National Credit Regulator’s (NCR) report that nearly half of credit-active consumers in South Africa have damaged credit records. However, only a few seek the necessary help.

Why should you invest in a mutual bank?

Often when people think about banking, they always think about commercial banks. Mutual banks hardly come to mind, but these banks offer investment opportunities that are often overlooked.

 

Deals

Aurora Spa 100-minute Treatment Special

Price: R449
When: Until 31 March
Where: Century City

Woodstock Grill and Tap Steak Thursdays

Price: R100
When: Thursdays
Where: Woodstock

KFC 5+5 Special

Price: R65
When: Until 25 February 2020
Where: Nationwide