What is the Envelope System?
As per my introduction in my previous article (My experience in offshore investing), coming from Zimbabwe meant that times where tough and we had to think of many…
75% of South Africans have lost income due to Covid-19 and the poor are the hardest hit
We recently ran a survey to get a better view of how South Africans have been financially affected by the Covid-19 Lockdown, and the results were distressing to...
Shake off the COVID blues and get your side-hustle going
We recently ran a survey to gauge the impact COVID-19 has been having on South Africans’ livelihoods. More than 1000 of our loyal MoneyShop subscribers participated, and it...
MoneyShop Youth Month Survey
June was Youth Month. And so we took a look at how a parents finances affect their children. The results are in, please see the results below. Also,...
My experience in offshore investing
I’ve always been a big believer in investing a portion of my earnings offshore, mainly because I was born in Zimbabwe and I’ve seen many families (including my...
How Discovery Health Can Help You During Lockdown
This virus, and the lockdown that seems to be dragging its heels, have completely altered our way of living and for many of us, it’s severely affected our...
Are you Aware of the Tax you’ll Pay on your Severance Package if you Get Retrenched?
Let’s get straight into some of the financial implications of Covid-19: Economists are predicting that anywhere between 350 000 and 1 million people in South Africa could lose their...
Jobless with Loans to Pay? Check if your Credit Life Policy includes Retrenchment Cover
Now that the nationwide lockdown restrictions have been eased from phase 5 to phase 4, some of us will be able to go back to work. The reality,...
MoneyShop ‘Covid-19 and Your Finances’ Survey
There is no doubt that Covid-19 and the lock-down is destroying our economy. And some people in particular are being hit hard. Our survey for this month looks...
Should you ask your bank for a payment holiday? I did! This is what happened
Level 5 of the National Lockdown may be over, but we still have a long road ahead. During this uncertain time, many people have lost their jobs, and...