Guiding consumers since 2009

Good week, bad week: 1 - 5 November 2010

By Staff Writer
Good week

People who work in Pretoria: According to a new study by Jobcrystal, Pretoria is the highest paid city in South Africa and people who work where the Jacaranda trees bloom earning as much as seven percent more than the national average of R 19,273.

Those people who bank with FNB (and even those who don't but want to): In a recent report by trade union Solidarity, FNB was named the cheapest bank in South Africa. In order to prove just how customer friendly they are, FNB also announced special measures to make it as easy as possible for people to move their bank accounts. Prospective FNB clients can simply SMS the word "HELP" to 32812. Simple, eh?

Affordable housing market: Cheaper areas are still out-performing the middle and high income areas when it comes to house prices. In FNB's latest house-price index released this week, there was an average price increase for the so-called affordable areas (average price = R409 760) to the tune of 19.7% year-on-year.

Affordable property in South Africa: That affordable housing market thing we spoke of above? Well, it's booming. More than half of South Africa's six million residential properties registered in the Deeds Office are worth less than R500 000.

Bad week:

Talking on your phone while driving: The only bad news we heard this week was that insurance companies reckon talking on your cellphone while driving is bad. But you knew that already, didn't you? Best you go sign Oprah's no-phone-zone pledge...

Recent Articles

Featured Can you take out vehicle finance on an old vehicle?

As it turns out, creditors have several concerns regarding cars older than 10 years. Justmoney has a look at why creditors are sceptical of older vehicles and what you can do to get around this.

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 incapacitated? A living will can help you do just this.

Know the difference between a loan and a credit facility

Choosing the correct product according to your needs is critical in making smart financial decisions. Credit options can be separated into two main categories – loans and credit facilities. But for some people, the lines can be quite blurred between the two.

Is property a good investment?

It’s good to consider whether property is a good investment. Justmoney spoke to numerous specialists to find out whether this is the case in South Africa.

Deals

DaVinci’s on Kloof Students Discount

Price: Available on request
When: Daily
Where: Cape Town

Ghandi's Backpackers and Guest Lodge 10% Discount

Price: Available on request
When: Daily
Where: Johannesburg

Fairway Hotel Happy Hour Special

Price: Available on request
When: Until 13 December 2019
Where: Johannesburg