It's not long until the schools break up for the holidays and the festive season will get into full swing.
Whilst this time of year gives you time to spend time with friends and family, it can also be an expensive time of year.
So how can you save money over the festive season?
How about skipping a holiday and staying at home?
Read on to find out more…
The festive season is an e... ››› more
If you've been thinking of buying a new car, think again.
Buying a new car is generally a bad investment because it depreciates in value quickly and has high monthly costs.
Like most bad investments you make, the decision to buy a new car is ultimately driven by your emotions. You want to be the envy of your colleagues, friends and family pulling up in a spanking new vehicle.
Slick car... ››› more
If you want to start investing but you don't know where to start. I want to show you five ways to save enough money so that you can start investing your money as soon as possible.
Most people believe that it's difficult to save your money but this isn't true. You just need to take a good look at your financial situation and the services at your disposal to find the money you need.
Sometim... ››› more
A couple of weeks ago, I went to a car auction. I saw people snatching great car deals that even baffled the commission-incentivised auctioneer! Some of the cars were literally selling for about half of what I knew the retail value to be. I was stumped... I know they say “In war, there are no winners”… But believe me, after what I saw - in bidding wars - there certainly are. Today I'll reve... ››› more
“Francois: I read your article on using ‘buy limit orders' to buy shares at lower prices and decided to do it. But something seems to have gone horribly wrong. I tried buying R5,000 worth of shares with a limit price of 51c. But when I checked my account it only traded about R500 worth. My cost per share, after brokerage, is now 67c per share. What's going on???” - BM
The right tools, u... ››› more
If you've been reading Trading Tips (TradingTipsSA.co.za) regularly, by now you should have:
• Essential trading rules to not blow your trading portfolio
• A few profitable trading strategies to follow
• Tips on how to boost your trading success
But where on earth do you find the money to start using these tips to trade for your
I'm going to address this issue today so yo... ››› more
First, I want to thank you for your questions on the Investors club. Every question you ask, helps me get an idea on what you need to trade more successfully. This year I want to make sure I answer as many of your burning questions as possible. And starting today, I thought we'd address this question from Markus.
“How can I save some money every month to trade Forex?"
Freeing up money to trad... ››› more
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
Here's a little something that I'd like to share with you today.
We all have cars, and so we can relate.
I was able to save R6,096 which I added to one of my trading portfolios all thanks to Aiden Sookdin...
This is a very good life-hack to have. In fact, if I can also help you with your trading by you saving money to trade, then I'll be happy to write these kind of life-hacks to you..... ››› more
Are you already working on your New Year's resolutions? The start of a new year is the perfect time to set new goals for yourself and get rid of old habits that are slowly but surely damaging your health.
The dawn of a new year is also the time when you need to reconsider your financial situation. If you've been struggling to save more in the past, but have failed to do so, you can make it your... ››› more
Christmas is on its way and so the shopping frenzy begins! As exciting as this time of the year may be, it's also one of the costliest. If you have a big family and tons of presents to buy, you're likely to go bankrupt before Christmas even begins!
If money is an issue this festive season, there are various ways to reduce your expenses and enjoy Christmas without going overboard with your spend... ››› more
When it comes to your personal finances, the first thing you need to do is ensure you have adequate savings.
Without savings, you can't invest, you can't plan for the future and you can't make adequate plans for your retirement.
Once you start to save, the world of financial possibilities opens up to you.
So what should you do to get your savings on the right track?
Read on to find out... ››› more
When you reach retirement, saving is not a priority anymore. After all, that's what you've been doing until now, right? Why should you be required to save more?
By the time you retire, you should have a clear picture of your spending habits and how much you can afford to save each month. This will help you establish a budget and spend less during retirement.
What happens if you can’t live c... ››› more
Being a mom is difficult, especially when you have to live on a budget. Adopting a more frugal lifestyle and avoiding unnecessary expenses can help mothers stay on budget.
There are plenty of smart ways to save money as a single or stay-at-home mother who needs to stick to a limited budget.
Check out the following simple tips on how to save more money as a mom.
1. Buy in bulk and buy ge... ››› more
Want to make saving money a priority from now on? Then start with your groceries. The average family throws away lots of food every month and ends up wasting money that could have been used for better purposes or put into savings.
How can you begin saving more money each month on food? Here are five simple tips to get you started.
1. Create a weekly budget for food
One of the easies... ››› more
Changing your lifestyle and embracing a “greener” way of living can benefit you in many ways. It not only saves the planet, but it also reduces your spending and helps you save more each month.
By implementing some simple changes into your daily life, you can save more money and help the planet at the same time.
Here are five simple ways to save by living a green life.
1. Use less wa... ››› more
If you think that being debt-free is an impossible target to reach, think again. Anyone can learn how to save more money, keep a budget, and live within their means.
Living on a budget requires discipline, but it's worth the effort. At the end of the month, when you spend less than you earn, have paid up all your debts, and have also managed to save a decent amount, you will be much happier th... ››› more
Saving is crucial for building a comfortable and secure financial future. You never know what the future holds, so it's important to take precautionary measures and save money, so you're not caught off guard by unexpected expenses.
You may not want to waste money, but this is often the case. That's because it's much easier to waste money than it is to save it.
Living within your means and a... ››› more
We all know how expensive traveling can be. No matter how much you plan ahead, you are still bound to exceed your budget due to unexpected expenses.
Before choosing your next travel destination, take some time to research and find the most affordable options available.
You can save plenty of money on your next vacation by making smarter choices.
Here are some smart ways to save money w... ››› more
Have you ever kept track of how much money you spend on groceries every month? The results might surprise or even scare you.
Since groceries are becoming more and more expensive, we need to look for efficient ways to reduce our grocery bill and save money.
Eating at home instead of dining out is one of the best ways to save money in the long run. It can also be much healthier, since you wou... ››› more
Disclaimer 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 on this website.
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 website.