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.
- Category: Blog
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.
- Category: Blog
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.
- Category: Blog
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.
A few years back I remember listening to a female business owner share her success story. She said something that has stuck with me for over 10 years.
- Category: Blog
Introducing Money Savvy All: A Holistic Approach to Financial Well-being.
Automation is an important concept in business.
As a small business owner, you bring an incredible amount of value to your business. To get a company up and running to the point where it is profitable is no easy feat.
Marketing is the planning and action of promotional activities that result in the selling of products or services.
What do you think I mean if I have to ask you the question; “Is your business compliant”? Most new business owners don’t understand what compliance is required in their type of business. Compliance will be different for different industries and income brackets.
Creating Cash Flow
When I started my first business, I considered the financial side of things as “boring accounting stuff” – something I was not keen on initially. My feelings on the matter soon changed. Financial structures in your business are much more than mere accounting practices. As important as it is to manage your income and expenses, there is a lot more to setting up your financial structures than you may expect.
When you are ready to start your new business venture, you need to think about all the ways this product or service can make you money. How many sources of income can you get from this one business? Can you build multiple income streams and make those income streams passive income streams?
- Category: Blog
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.
What is branding, exactly? Contrary to popular belief, branding is far more than just a logo. Your customers’ first impression of your company is formed through your brand. Therefore, your brand experience should be encapsulated and epitomised in your branding.
When it comes to naming your business, is your first thought to use your name, child’s name, initials, or joining your nieces’ names? I ask this because 70% of young people I mentor want to use one of the previous ideas to name their business
- Category: Blog
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!
What do you think you need to start a business? Most people say things like “money”, “a business plan”, “an idea” while you do need an idea and a plan and no money is not a necessity to start a business, that is not the answer I’m looking for.
- Category: Blog
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.
- Category: Blog
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.
- Category: Blog
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?