Guiding consumers since 2009

Good week, bad week: 29 November - 3 December 2010

By Staff Writer
Good Week

South Africans are starting to save: A new report released by Old Mutual indicatd that South Africans are finally starting to save a little bit of cash. However, it's still not enough...

Education: It's the festive season and experts reckon it'd be a good idea to cut back on the spending, especially on your kids, and rather put the money into a fund for their education.


Bad week

The Rand debate: You better believe it, it's still going on. Where is the Rand going is the question on everybody's lips. The answer, however, is not a simple one.

The need for credit: Credit demand by South Africa's private sector rose by 5.11% year-on-year in October showed data from the central bank which was released on Monday.

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.

 

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