Tag: money management

The instant Sunday Times #1 bestseller and New York Times bestseller comes from the author of The Psychology of Money and Same as Ever. It offers lessons on harnessing the power of money to live a happier life. At several points, the book also reflects on how giving employees a stake can shift mindsets around wealth, purpose and fulfilment.

'One day when I’m big!' How many times have we uttered those words as children when dreaming about our future? Then, quite suddenly, we find ourselves “adulting.” We begin reflecting on the lessons we have learned and considering the legacy we will leave for the next generation.

South Africa's youth are navigating a complex financial landscape. They face high unemployment, limited financial literacy and the rise of digital credit options. As of the first quarter of 2025, the youth unemployment rate (ages 15 - 24) stands at a staggering 62.4%.

The 2025 national budget speech has been delivered. As a result, predictions suggest possible PAYE and VAT increases. These forecasted hikes signal tighter financial conditions for consumers. In response, maintaining a strong credit score has become more critical than ever. It’s not just key for accessing loans. Importantly, it also shapes employment prospects and long-term financial security.

So you’ve come up with a killer business idea and you’re ready to turn it into a side hustle or startup. What now? What do you need to do to bring it to life? Whether you’re looking to earn some extra money on the side or dreaming of starting "The Next Big Thing", Side Hustles and Startups is packed with the information you need to take this big step into your bright future.

South Africa’s tough economic conditions have left many consumers struggling to build emergency cash savings. According to our data, more than half (52%) of entry level private banking clients have less than one month of their salary saved in immediately accessible cash savings available, to use in the event of unforeseen circumstances such as retrenchments or urgent medical procedures.

Between work, family, and personal commitments, carving out moments for ourselves feels like a constant battle. One area that often gets squeezed? Managing our finances. This challenge is interlinked to our most valuable commodity: time. People simply do not have enough time.

An oftentimes overlooked subject when it comes to effective parenting, empowering children with financial literacy from a young age is one of the greatest gifts parents can give to their children. As the world becomes increasingly complex, teaching your little ones about sound financial management isn’t just about educating them about what Rands and cents are or, how money works; it’s about equipping them with the skills and knowledge to navigate a financially savvy future.

With the increased cost of living, managing your money in your retirement years can be a challenging exercise for many. Running out of money during one’s retirement years is a prime concern for many retirees.  Although people have reasons to be concerned with the rise of economic pressures and the cost of living, consumers can lessen the risk of running out of money in retirement with proper financial planning and sound money management tools. 

Conversations around black tax – the obligation placed on those who achieve a degree of financial success to provide for their extended families and communities – need to be centred around families rather than individuals. Frank conversations that involve clearly communicated boundaries are imperative to dealing with the emotional aspects of money management.