As a parent today, you need to be setting funds aside from the time you have a baby – not just for tertiary education but for primary and high school fees too! There are several savings options available to you: Fundisa – This is an educational savings account introduced by the government to help you…
Teaching your kids about money As the country focuses on Youth Day this month, City Press took another look at how we educate our children around financial literacy. We often hear that South Africa has a poor savings culture, but this is not necessarily the case, says John Manyike, financial education economist at Old Mutual.…
You’ve bought a new car or home appliance and just when you thought the sale was concluded, the salesperson says, “Can I offer you an extended warranty with that?” Wait…what? What is an extended warranty and do you really need one? The answer varies depending on what you have bought and the age of the…
