Panic paves the way for mistakes, and making mistakes in this environment could be more devastating to your long-term wealth prospects than any losses incurred so far.
‘In light of the severe economic climate and impact of Covid pandemic, Medshield is supporting its members.’
If you approach your bank and secure a home loan, and ensure you have a good credit score, you then have an opportunity to ‘be little bit cheeky’ and ask them to consider reducing your interest rate, a conveyance attorney revealed.
‘Think about your personal information as cash. Always keep it safe, because once it leaks, anybody can use it to pretend to be you,’ says Manie van Schalkwyk, who heads the Southern African Fraud Prevention Service.
A new scam, targeting the bank’s clients, is again showing how sophisticated scammers are getting to steal your money – with your help. These scammers play a psychological game to make you trust them and even have the gall to call back and try again if you end the call.
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What are you actually getting from a car deal from YapYap Cars?
YapYap Car Deals from Pretoria has changed its name to YYCR Car Deals after The Citizen reported recently that consumers are paying as much as double the instalments cars deals advertised on its Facebook page and website.
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Travel insurance in the time of corona

Personal Finance Travel insurance in the time of corona

‘Depending on the terms and conditions of the policies, if the policy did not make provision for cancellation due to the pandemic, travellers whose trips were cancelled would unfortunately have had no cover.’

Personal Finance Credit life insurance: 5 million do not know they even have it

Credit life insurance covers your outstanding debt if you become unable to work or in case of your death. The retrenchment part of credit life insurance makes provision for covering your monthly credit payments for up to 12 months.

Personal Finance Battling to pay your accounts? 20.66 million others are in the same boat

In June 2020 consumer debt was R1.96 trillion, a decrease of 0.94% from the first quarter and an increase of 3.09% compared to the same period last year.

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SA’s consumers’ finances absolutely sick from Covid-19

Personal Finance SA’s consumers’ finances absolutely sick from Covid-19

The pandemic has devastated the finances of South African consumers. Consumer credit balances and delinquencies have increased as the pressure on household finances mounted due to rising unemployment and income shocks.

Personal Finance New benefits from Vitality for eating well and staying physically fit

“Our ability to support our members in pursuit of a healthy lifestyle is more relevant than ever in the context of COVID-19, backed by research showing that engaging in Vitality reduces COVID-19 mortality risk by 37%,” says Discovery Vitality CEO, Dinesh Govender.

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Timeshare Inquiry: almost two years later, what has happened?

Personal Finance Timeshare Inquiry: almost two years later, what has happened?

Almost two years have passed since the National Consumer Commission (NCC), in December 2018, launched its report into the timeshare industry after extensive public meetings and written submissions.

Business Financial lessons with Nicolette Mashile

The author shares her journey, explaining how she became SA’s ‘Financial Fitness Bunny’.

Business ‘I got into debt for a free waterbottle and lanyard’- Nicolette Mashile

As her collection of financial lessons flies off the shelves at bookstores, Nicolette Mashile offers Citizen readers some practical lessons to tackle lockdown debt.

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Those R699 cars and YapYap car deals: same-same but different?

Personal Finance Those R699 cars and YapYap car deals: same-same but different?

Does a brand new Renault Kwid for just R1899 per month, with no deposit, no residual, and three months insurance sound too good to be true? Well, it probably is.

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Which is more tax-effective: putting R1.5m in a unit trust or my access bond?

Personal Finance Which is more tax-effective: putting R1.5m in a unit trust or my access bond?

There are many factors to consider when determining the best option for this commonly asked question on how to lower your tax liabilities.

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Beware WhatsApp stokvel groups: An old pyramid scheme in a new jacket

Personal Finance Beware WhatsApp stokvel groups: An old pyramid scheme in a new jacket

During lockdown, one pyramid scheme alone swindled at least 230,000 investors out of more than R42 million between 4 May 2020 and 2 July 2020.

Business Two medical schemes stick to CMS recommendation of 3,9% increases for 2021

At least two medical aid schemes have listened to the Council for Medical Schemes’ plea for its members to limit increases to 3.9% in line with CPI after an average increase of 10% for 2020.

Personal Finance Pensioners battling dwindling pensions

Pensioners are battling too, with some having to start working again due to low-interest rates and rent loss by commercial property owners impacting on their pensions. Experts also warn that people, who want to retire now, should rather wait a year or two if they can.

Lifestyle How to get out of debt once and for all

Debt settlement is a viable option to pay off a debt. It’s asking your credit provider to possibly give you a discount on your payment if you can settle the entire debt at once says Nicolette Mashile in her new book.




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