Water shortages are becoming a serious problem in South Africa. The lack of rain and ongoing heatwave is making the problem much worse. Gauteng and Kwa-Zulu Natal are in the middle of water restrictions while water reservoirs in the Western Cape are 20% lower this year.
The department of Water Affairs blames the water problems on poor planning, budget constraints and supply management challeng... ››› more
With the growth of the Internet over the past decade or so, we conduct so much of our lives online.
Many of our online activities involve money. Think about banking. You don't need to receive a statement via post, you can view it online. You don't need to visit the bank to transfer money, you can do it online.
But with this revolution comes the risk of losing your money to scammers. While th... ››› more
As much as I love writing about the financial markets and investments, I'm looking for other ways to increase my income.
Who knows what lies ahead and by having more than one income is one way to ensure that I'll always have money coming in to cover my bills and buy the things I need.
So I've been looking for ways to start a business from home that I can do alongside my writing.
My search... ››› more
Ideally from the moment you start earning money, you should follow key money management principles.
But for most of us, it doesn't quite work out like this. You have good intentions to save and budget, but you end up living month to month waiting for your wages to hit your bank account.
So what sort of money management should you be following?
Read on to find out…
Money management... ››› more
Regularly putting money aside into savings is a habit you should try to form as early as possible. If you haven't got any money in savings, it's time to start.
So what sort of things should you consider when saving?
Read on to find out more…
Ensure you regularly put money into your savings
The biggest problem many people have is not putting any money into savings in the first pl... ››› more
Statistics just out show that the number of South Africans cutting back on their insurance policies is rising.
When cash is tight, you look to cut costs. But whatever you do, don't let insurance be one of the things you sacrifice.
There are several benefits to having insurance…
The number of South Africans without insurance is on the rise
The most recent consumer survey by FinScop... ››› more
It's great to build up savings over the years. Not only will savings help you achieve your long-term financial goals, but they also give you a cushion in the event you need access to cash.
So what are your choices when it comes to putting your money away for a bit?
Let's take a look at two options…
Putting your savings into a term deposit account
You can lock your savings into a... ››› more
Have you ever watched The Apprentice? It's a show I really enjoy. I love watching the candidates trying to impress Donald Trump to secure a job.
Watching this type of show also makes me think about how Donald Trump and others like him have made their wealth through business.
All businesses at some time of another started small. And through hard work, determination and a pinch of luck, the be... ››› more
Like cultural and social activities and practices, religious beliefs affect our value system and our decisions.
While it's interesting to speculate about the probable links between religions and economic performance, some economists have quite convincingly proven that there's indeed a strong link between religions and economic performance.
Here are nine ways religion can influence your finan... ››› more
I know you're looking for affordable ways to generate extra income.
Today, I want to introduce you to a low cost, high profit business that involves raising quail in your back garden.
Not only is this a great second income opportunity, this business idea has the potential to become your lucrative main source of income.
I'm so convinced that this business idea will work that I'm considerin... ››› more
The risks involved in maintaining a successful business are real. If you don't protect yourself from unexpected and destructive events, you could see all your hard work crumble.
It's important to secure the future of your business by making shrewd and informed short-term insurance decisions.
Here are five insurance secrets you can use to protect your business in the face of a deteriorating... ››› more
You might think your pension fund is ticking over nicely, but there's still the over-riding fact that one in three people could be saving too little for their retirement.
Let's face it... Unless a miracle happens, a lot of people will have to make do with far less money than they thought come retirement day.
But that doesn't mean it has to ruin your plans and make your retirement a constant ... ››› more
“I work all night, I work all day, to pay the bills I have to pay... Ain't it sad. And still there never seems to be a single penny left for me... That's too bad”
You might recognise those lyrics. They're from Abba's 1976 mega-hit Money, money, money. And they've never been more true than they are today.
I'm sure you've cut back on your spending... But there are things you simply can't c... ››› more
The festive season is just around the corner. This means long and expensive shopping lists for food, drinks and gifts.
But before you start buying, you need to give your finances the once over. You need to ensure that you manage your money for December and into the New Year.
Let's take a closer look…
Festive money management tip #1: Your December pay
Chances are you’ll ... ››› more
When interest rates go up, the cost of borrowing rises with it. The banks simply pass on the hikes in interest rates they pay to borrow money to you the customer.
The South African Reserve Bank is in the midst of increasing rates. It raised rates last week and also in July.
Chances are more interest rates hike lie ahead.
So how should you handle your debt in the face of higher interest ra... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.