A smartphone may be considered to be a pricey accessory, but it could actually save you money in the long run. According to this article published on Essentials, having a smartphone could be just the device you need to help you manage your financial situation and save you Rands overall. 1. Comparison-shopping app Nowadays, most...
To Airbnb or not to Airbnb?
According to a 2016 Fin24 interview, Nicola D’Elia, the managing director for Airbnb Africa and Middle East, noted that Airbnb hosts in South Africa earn on average ZARR28,000 a month by letting their property on a short-term basis through this popular rental website. Furthermore, Nested released an encouraging report that found that South Africans could...
The Power of Compound Interest
Many South Africans are unfortunately ill-prepared for retirement, and it’s an unsettling prospect that so many citizens of this developing nation may not be able to support themselves in their golden years. However, the beauty of compound interest means that if you start saving from an early age, investing in your future doesn’t have to...
Where to Invest
In our view investing is different from saving. Saving is the accumulation of money, typically to invest. Investing on the other hand allows you to grow your money. Wondering how and where to invest money? Deciding on where to invest your money takes expertise to ensure you gain the best returns on your investment. Let us...
