Category: budgeting

Having kids can be an amazing and fulfilling experience, but believe me, it comes with a lot more than just the beautiful nursery and the cute clothes; having a baby comes with many costs and decisions that impact your overall finances, and often we underestimate these costs and decisions.

  • EDUCATION

Education is one of the biggest expenses for parents. The cost of education year on year normally exceeds inflation.

Read More »

If you battle with budgeting, you are probably thinking: “ I’ve tried budgeting, it just doesn’t seem to work!” To tell you the truth, I have had my fair share of struggles with budgeting.

Let’s be frank, very few people get a kick out of creating a budget. But a budget is the cornerstone of a healthy financial life. A budget is telling your money where to go and what it should do.

Read More »

Part of a sound financial plan must include an emergency fund, because without it, your financial plan can be derailed should an emergency arise. An emergency fund is an account where money is set aside for any unexpected events of life. These events can be stressful and costly.

A tyre burst, paying medical bills that were not covered by your medical aid, losing a job, paying for the funeral of a family member who did not have a funeral benefit or not getting paid on time as a freelancer are just some of the events that can catch you by surprise,

Read More »

Whether you want to start saving, investing or to pay off debt, it might seem impossible with your budget. Well, that’s what most people feel when approaching their finances; that there isn’t enough money to start with. But I want to show you a couple of places to look in your current budget to find the extra fat!

DSTV

You knew this was coming. Your DStv subscription is easily one of the things you can do without.

Read More »

That time of the year again; the tax season is officially in full swing. For those who don’t know exactly when it runs, this year it started from 1 July and will end 31 October 2018.

For many, filing taxes creates a lot of anxiety and most people leave it to the very last day…I have been here myself! But I believe in facing things head on, whether you do get a refund or you end up owing SARS,

Read More »

Hi Tribe,

Today I want to talk a little bit about marriage and your finances. This topic is inspired by the fact that 3 of my friends will soon be walking down the aisle…exciting!!! While a lot of detail goes into the actual day of the wedding, little to no attention is paid on how the couple will handle their finances once they are married.

From parents to friends, little is spoken about personal finances in a marriage.

Read More »

 

I am always trying to find ways to stick to my budget and if you have read some of my previous posts, you will know by now my downfalls are eating out at beautiful restaurants and shoes! After having reviewed our household budget, I realised that we spend A LOT of money on eating out, which we have since got under control (not easy at first but got it done eventually!)

How I did this was through the ‘envelop system’.

Read More »

1. Request a free credit report

If you ever need to access credit, hopefully for good debt, i.e. to buy Property, a student loan or to fund your growing business, lenders look to your credit score. You should know what they will see even before they do. It is easy and quick, you can request it online and receive it within minutes.

www.creditunion.co.za
www.transunion.co.za
www.creditreport.co.za

…are just some of the few that offer free credit reports

2.

Read More »

4 Ways to be more frugal and still feel like you are living your #bestlife

 

  1. Automate your savings and investment

The rich invest their money and spend what’s left. Think like the rich–invest your money first, then spend what’s left.”- Jim Rohn

This speaks to the philosophy of paying yourself first. It’s easier to say you will pay your bills first then, save/invest what is left.

Read More »