Personal Finance

The Cost of a Bright Future

Education in South Africa is fast falling victim to increasing living expenses that outstrip salary increases. Typically, the cost of education increases at 9% per annum, much higher than the current inflation rate, meaning that the cost of education is rising faster than salaries. According to the General Household Survey published last year, 74% of people aged seven to 24 ...

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Bitcoins: Why all the Fuss?

There’s been a lot of talk about Bitcoins in the financial world recently and while some people immediately embraced the excitement of a new digital currency, many have continued to shy away from it because of a lack of any real understanding of what it is and how it actually works. Are you really missing out, or are Bitcoins just ...

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Things to Consider When Working Out What to Save for Your Retirement

Retirement is, in many ways, something most people look forward to. Without needing to go to work every day, you have time to travel, spend time with your family, and work on hobbies you may never get enough the time to enjoy whilst working. However, with all the doom and gloom in the media about how many people no longer ...

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Financial Preparations to Take Before You Retire

Retirement is a big step for anyone to take. After a lifetime of working every day for years, it can seem impossible to just stop all together and adjust to a life without your job. The biggest worry that most people have is how they will be able to afford their current lifestyle without having the income from their job ...

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3 Old-Fashioned Retirement Rules to Discard

I am not much in love with rules of thumb when it comes to finance though their significance to the rank and files cannot be downplayed. From experience, I know everyone is not willing to research on the financial topics and they love to stick by easy-to-remember conventional rules. On the flipside, these guidelines are often not correct and outdated ...

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Best Android Apps to Manage Your Budget

Based on the Linux Kernel, Android is a popular mobile operating system co-developed by Google. It was initially launched in 2003 as an alternative to Symbian and Windows mobile operating systems for touch screen devices and smartphones. In 2005 the company was acquired by Google who saw the development of the operating system into its current state. Android is a ...

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Cut the Red Tape with a Cooperative Short Sale

When you’re underwater on your home, you need a way out, and fast. That’s where short selling can help you. Short selling is a process whereby you sell the property for less than what you owe on the mortgage. The bank takes a loss, but they get the property into the hands of someone else that can make the payments. ...

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