🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

The Gen Z dilemma: No debt, but no assets. The younger generation may be more adverse to taking on credit, but like previous generations, this is not translating into saving. Gen Z will have a greater need to look after their own financial futures. news24.com/business/money…

If you have ever felt overwhelmed, confused or misinformed when dealing with credit providers, you have a right to better treatment. Credit providers are required to treat customers fairly, but consumers also have a responsibility to repay their debts. In the latest episode of

A reader asked: "Who earns interest on my money when I transfer between banks?"

Credit providers are required to treat customers fairly, but consumers also have a responsibility to be truthful in their credit applications and to repay their debts. You can complain about reckless lending to the National Financial Ombud Scheme South Africa (NFO). Listen to this episode of Know Your Ombud, where I

Growing demand for rental properties – combined with limited availability – has made South Africa’s housing market a fertile hunting ground for fraudsters. Rental scams are on the rise, as prospective tenants scramble for accommodation. #rentalproperty mayaonmoney.co.za/how-to-avoid-r…

I came across this table from Glacier, which recommends a drawdown on a living annuity based on age and gender. A few things to note. Firstly, delaying your retirement by five years means you can afford to draw down a higher rate and therefore boost your retirement income. You

What your cellphone data tells credit providers...

While it may not seem like it, inflation is declining. This doesn't mean that the price of your groceries or clothing will reduce, but it does mean that the prices are not going to increase quite as fast. So why is inflation falling? Download the latest Altron FinTech

In this episode, we take a look at the abuse of value-added services (VAS), often added to retail store accounts, and how this can escalate a customer's debt. Howard Gabriels, the head Ombud for credit at the National Financial Ombud Scheme South Africa (NFO) shares a case study where a consumer was charged for

⚠️Public Warning The Financial Sector Conduct Authority, FSCA South Africa warns the public to exercise caution when conducting financial services business with persons using WhatsApp, Facebook and Telegram purporting to be associated with Ms Magda Wierzycka, CEO of Sygnia

We're back for Season 2 of the Santam Insurance ‘Insure Your Future’ Money Bootcamp! In episode 1, Mapalo from Mapalo Makhu and I explore the emotional aspects of money management. Join us to learn more about financial trauma and how it affects your money mindset.

In this episode of 'Know Your Ombud', my guest is Edite Teixeira-Mckinon, the lead Ombud for non-life insurance at the National Financial Ombud Scheme South Africa (NFO). We unpack short-term insurance and the common complaints consumers face. Edite also explains the various types of insurance policies under the

A reader asked: Does paying off your car affect your travel allowance taxes?

It's essential to understand the specifics of your car insurance. Is your vehicle covered for its retail value, or its market value - which is generally lower. Knowing these details upfront provides clarity and security. Remember that claims are subject to the policy terms and

The great retirement plot twist: The latest retirement survey finds that while people claim to have a retirement plan, few are on track to reach their goals. It also shows that younger people are far more optimistic about their ability to retire comfortably than those facing

Wiehann Olivier, a Partner and FinTech & Digital Assets Lead for Forvis Mazars in South Africa, explains how a group of politically motivated hackers sent a message to Iran by essentially burning bitcoin worth $2 million. What made this event different was not the financial loss.

What is defined as recklessness when driving? In this episode, we unpack the concept of recklessness in driving and how it can affect insurance claims. Edite Teixeira-Mckinon, the lead Ombud for non-life insurance at the National Financial Ombud Scheme South Africa (NFO) also emphasises the importance of being honest

How prepared are South Africans for retirement? In the 1st episode of the Retirement Reimagined series, we investigate the findings of the 2024 FNB South Africa Retirement Survey. One of the standout findings from the survey is that approximately 60% of respondents claim to have a

Navigating the world of long-term insurance can be daunting, especially when it comes to understanding your rights as a consumer. In the latest episode of 'Know Your Ombud', I am joined by Sonya Marais, Senior Adjudicator for the Life Insurance Division of the National Financial Ombud Scheme South Africa (NFO), who

In episode 1 of the ‘Insure Your Future' Money Bootcamp with Santam Insurance, Mapalo and I take a closer look at the psychological triggers and complexities around money and emotions. We discuss procrastination in checking bank statements, retail therapy, and excessive spending