An interest rate is a cost of borrowing money. According to Bloomberg, 80% of South Africans use debt for monthly expenses and many are unaware of how much it really costs them.
Tag Archives: savings
Lessons learned during lockdown
Have your finances been hurt or helped during lockdown? The obvious answer for most is that it has been hurt. It’s been painful not being able to buy those non-essentials during lockdown – such as DIY products, take-aways, alcohol, cigarettes, shoes, or the beauty products we never go without.
Saving habits to put into action for a better financial future
We all want to be successful at any and everything we do, right? Saving is no different. When we start saving, we do so because we have financial goals we wish to achieve.
Looking to buy a house? Consider these following tips first
One of the things that come with growing up is having to leave your parents’ house and move into your own. Many people tend to make a mistake of buying a house without doing any homework.
Metropolitan introduces new offering geared towards younger clients
While Covid-19 has had a devastating impact on the global population, young people, in particular, are anticipated to be one of the most significant casualties of the pandemic.
What should you be saving for?
How many times have you read or heard that you should have at least 2 months of your salary saved up for emergencies? Countless times, right? While hearing it may be exhausting, it is a fact you can’t ignore.
Ways to set your savings goals
The first step on your ‘savings journey’ is deciding what it is that you are saving for. Having an idea or a goal helps you decide on the amount and the estimated length of reaching it.
Follow this smart plan when looking to start a family
Bringing a human being to life means that you have an extra mouth to feed. While you might not always be prepared for the arrival of your child, it helps when you start planning as soon as you’re aware that you want kids in the future.