Last week we discussed a lack of financial management, signing surety, sudden expenses and worrying about social status. This week we compound on that list with some more points to consider to prevent you from being put in a position that is vulnerable to accumulating debt: Lacking financial understanding Formal education doesn’t prepare people well enough for the financial acumen of the ‘real world’. You should know how a budget works, what interest is and the […]
Continue readingMore TagCategory: Blog
PAYMENT PITFALLS AND DEBT DOWNFALLS – PART 1
No one ever plans to fall into a spiral of debt, but sometimes challenges arise that cause the debt to build up around you before you have even realised how bad it is. This puts you in a debilitating position that can be difficult to emerge from. So, here are some points to consider to prevent you from being put in that position in the first place:Lack of financial management If you aren’t working with a […]
Continue readingMore Tag
BARGAIN HUNTING HINTS – PART 2
Hunting for a bargain takes time and effort and only certain items are worth that effort, you have to weigh up the advantages versus the cost. As a follow on from our last blog post… here are some more to pointers for a good bargain hunting acumen. Be prepared to negotiate Don’t feel bad for trying to negotiate a better deal, it happens the world over. Most established retail outlets won’t negotiate, but roadside stalls and […]
Continue readingMore Tag
BARGAIN HUNTING HINTS – PART 1
A really good bargain is hard to come by and sometimes it requires a bit of dumb luck! The problem with luck is that it isn’t reliable… That’s why we have put together a list of consistently savvy bargain buying tips to help you increase your chances of getting the best possible deal on whatever it is that you are looking for. Right off the bat – don’t be intimidated by sales patter; salesmen will often […]
Continue readingMore Tag
FRESH SAVING TIPS
As we are embraced by the cold of Winter it can be a tough choice to get out of bed in the morning. We have some saving tips that encourage you to get out and about, while others can be enjoyed from the comfort and warmth of your home. Help your wallet put on some winter weight with these points: Vacuous vacation spending Cut down on your vacation spending. It might be tempting to go on […]
Continue readingMore Tag
THREE MORE SUSPICIOUS SIGNS OF A SWINDLE
People who take the time to carefully plan their financial futures are less likely to fall victim to Ponzi or Pyramid schemes as they have more realistic return expectations. The desperation that lures a lot of people into “get rich quick” schemes is due to a lack of financial future planning, such as having to supplement a declining retirement income. Ponzi schemes can start off as legitimate investment vehicles. But the investment vehicle can degenerate into […]
Continue readingMore Tag
THREE SUSPICIOUS SIGNS OF A SWINDLE
“Get rich quick” schemes aren’t a new phenomenon, and yet people still get lured into these sorts of financial scams.The problem occurs when the temptation of above market return on investment outweighs well-founded suspicions. Wealth is generated through hard work and smart investing, you should be wary of ‘shortcuts’. Besides the promise of an unrealistic return, a Ponzi scheme will do two things: it demonstrates that the unrealistic return is being achieved and provides a clever […]
Continue readingMore Tag
A SOUP-ER SAVING IDEA
As Winter sets in we need to stay intent on nourishing and nurturing ourselves and our loved ones by staying active and healthy, all while working around the load-shedding schedule. One of my favourite ways of getting a nutritionally balanced meal, while not having to worry about the power cutting out and having a half-cooked dinner, is by making soup. Here are top reasons why you should also eat soup: Soup is affordable to make. Making […]
Continue readingMore Tag
HOME BUSINESS INSURANCE, DO I NEED IT?
So you have started a new business from home, it’s still small beginnings and you wonder to yourself: “What risks are involved that I would need business insurance if I am working from home and have no premises to worry about?”. Whilst your revenue may be small, the answer to the question of whether your business would need insurance depends on whether you are able to self-insure (which is to pay out of your own pocket […]
Continue readingMore Tag
TEACHING YOUR CHILDREN TO WORK WITH MONEY
Every parent wants the best for their children, and the best we can give them is a sure footing in life. One of these areas is intrinsically linked to how they will perceive value in others, value in themselves and the value of things around them. It is hard for children to understand the concept of value for money when they have not worked to earn the money for themselves. When a younger child goes shopping […]
Continue readingMore Tag