Financial Planning for a Smooth Start

The back-to-school season can be both exciting and daunting. As parents, guardians, or students, it's essential to plan financially to ensure a smooth transition. Here are some tips to help you navigate the financial aspects of back-to-school preparations:

What is Loud Budgeting?

Loud budgeting, a relatively new concept in personal finance, is a method that involves openly sharing your financial information with others. This can include your income, expenses, savings goals, and even your net worth. While it might seem counterintuitive to publicly disclose such private details, proponents argue that it can have significant benefits.

Starting and running a small business can be a challenging journey. With countless decisions to make, obstacles to overcome, and a constant need to adapt to changing market conditions, having the right guidance can make all the difference. That's where an entrepreneurial coach comes in.

Spring is Here: Time to Refresh and Rejuvenate Your Finances!

As the vibrant hues of spring blossom across South Africa, there’s no better time to take stock of your financial health. Just as you would clear out clutter from your home, why not take the same approach with your finances? A little spring cleaning can go a long way in helping you achieve financial wellness, reduce stress, and set yourself up for future success.

Empowering Women to Take Control of Their Finances This Women’s Month

Women’s Month is a time to celebrate the achievements, resilience, and strength of women everywhere. It’s also an opportunity to reflect on the unique challenges women face, particularly in the realm of financial management. Despite significant strides in gender equality, women still encounter obstacles that can hinder their financial independence and security. At Money Savvy, we believe that empowering women with financial literacy is key to overcoming these challenges and achieving lasting financial well-being.

10 Benefits of Individual Financial Coaching in Today's Challenging Economic Climate

In an era marked by rising living costs and stagnant salaries, achieving financial stability and prosperity has become increasingly challenging for many individuals. In such a landscape, personalized financial coaching emerges as a beacon of hope, offering tailored guidance and support to navigate the complexities of personal finance. Let's delve into the tenfold benefits of individual financial coaching and why it's indispensable in today's world.

Congratulations! You've just received your first salary, and the excitement is palpable. The possibilities seem endless as you contemplate splurging on the latest gadgets, a new phone, or perhaps revamping your work wardrobe. However, before you succumb to impulsive spending, it's crucial to pause and consider the long-term implications of your financial decisions.

In the fast-paced world of corporate culture, the financial well-being of employees is often overlooked, but the repercussions of their debt can significantly impact both the individual and the employer. Understanding the dynamics of this issue is crucial for businesses aiming to foster a healthier and more productive work environment.

A Financial Roadmap for 2024 and Beyond

In the vibrant and diverse landscape of South Africa, women often find themselves juggling multiple roles and facing unique challenges, both in their personal lives as mothers and in their professional careers. As we stand on the threshold of 2024, the importance of financial stability cannot be overstated. This article aims to provide a comprehensive financial roadmap for women in South Africa, offering insights into daily financial habits, planning for career changes, monthly retirement considerations, coping with spousal job loss, setting meaningful financial goals, and embracing a positive money mindset for long-term success.

Crack the Black Friday Code: Savvy Strategies for Smart Shoppers

Ah, Black Friday - the shopping extravaganza that kicks off the festive season with a bang. Originally coined in the 1960s, this day is now synonymous with jaw-dropping discounts, doorbuster deals, and an undeniable rush of excitement. But amidst the chaos and bargains, how can you navigate Black Friday without breaking the bank? Here's our guide to staying Money Savvy and making the most out of this shopper's paradise.

Introducing Money Savvy All: A Holistic Approach to Financial Well-being.

Saving and investing are two crucial financial skills that can have a major impact on one's financial well-being. While both concepts are often used interchangeably, they are distinct in nature. Saving refers to the act of setting aside money for future use, while investing is the act of putting your money to work in order to generate more money. In this blog post, we will discuss the importance of saving and investing, and why both skills should be a part of everyone's financial toolkit.

Do you feel like you're stuck in a cycle of overspending and not having enough money to cover your bills? Are you ready to take control of your finances and achieve your long-term goals? If so, our 12 Budgeting Tips E-Book is exactly what you need!

12 Top Tips to Help You Understand Tax

How the Work-from-Home Culture Impacts Your Tax Return

The shift to a work-from-home culture due to the pandemic has brought up new questions about taxes, expenses, and deductions. In this article, we'll explore how the new work environment affects your tax return and what you need to know to stay on top of your taxes.

We have been through a tough 2 years emotionally and financially after the global epidemic that had us all scared and behind closed doors. In the months that followed South Africa was hit with flooding, riots and an ever increasing electricity crisis, throw in the war that started in 2021 and you will find a large number of working class people struggling to make it through each month.

Creating Money Savvy Kids for the future.

Ask any child what they want to be when they grow up and you will hear things like; “I want to be a doctor”, “I want to be a pilot”, “I want to travel the world” or “I want to save the whales”, but dreams cost money and if dreams cost money why are we teaching our children to live the life of their means and not live the life of their dreams?

Are you looking to start your own business, but finding that the process can be overwhelming? From sales, marketing, and operational teams to budgets and cash flow, there is quite a bit that goes into starting one’s own business.

The term “emergency fund” refers to money put away that people can use in times of financial distress. The purpose of the emergency fund is to improve financial security by creating a safety net to help cover unforeseeable, high-cost expenses which, in its absence, could have catastrophic effects on your financial situation.

If you are a working person in South Africa right now you are feeling the pinch of the 3 interest rate increases, the 7 petrol price increases, the Eskom increase of 9.61%, all your annual subscriptions have gone up the average 10%. Suddenly you have less disposable income. This tells me 1 thing. Your expenses have gone up and your income has remained the same.

If you don’t re look and re do your budget to cater for these additional expenses, you will very quickly start spending more than you earn. When you spend more than you earn you will get into debt very quickly.

You have started your first job. It’s the end of month one and you just received your first salary. I can see the look of glee on your face as you ponder on how best to spend your hard-earned cash. I see the thought bubbles “Apple watch”, “A new phone”, “New work wardrobe”. Stop!

You worked hard to earn that money, right? Why throw it away on purchases you don’t really need? You are probably thinking, “You sounds like my parents”.