If you want a way to save money without SARS dipping its hand into your pocket, South Africa tax free savings is the answer. The idea is straightforward. You deposit funds into a savings account that is tax-free. Its internal…
Tax free savings products in South Africa are exactly what they sound like. You save, you invest, and the growth is not taxed. There is no tax on interest, dividends, or capital gains. They were established by the government to…
If you are busy paying off a car loan with a balloon payment, you probably want to know upfront, does settlement amount include balloon payment. The answer is yes, the settlement figure usually includes the balloon payment. When you request…
If you are staring at a balloon payment and wondering how to beat balloon payment, the answer is simple. You must prepare ahead of time, understand your options, and make decisions that will lessen the stress associated with a sizable…
Yes, the two pot system does apply to retirement annuities. That’s the simple solution. The new two pot system will have an impact on how your money is saved, how it grows, and how you can access it if you…
If you are trying to figure out the top 10 retirement annuities South Africa has to offer, The short answer is that providers like Allan Gray, Discovery, Old Mutual, Sanlam, Liberty, Momentum, Coronation, Ninety One, PPS, and Sygnia are typically…
If you are a member of the Government Employees Pension Fund, you may have heard the term “vested component” and wondered what is vested component in GEPF. The portion of your pension that has previously accrued prior to changes in…
How long does GEPF take to payout after death to beneficiaries? Grief and family are frequently the first things that come to mind when someone dies. But when it comes to paperwork and financial problems, reality hits hard. The key…
If you are looking for the highest interest savings account South Africa has to offer, In actuality, there isn’t a single miraculous solution. Banks are constantly adding small print, altering agreements, and adjusting rates. There will always be certain accounts…
If you have ever wondered how does rent to own cars work, The concept is straightforward. You pay a set sum each month to drive the car. The car isn’t the only use of that money. Some of it is…