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Funeral cover is a form of insurance that pays out a sum of money to the family of the deceased in the event of death. This is to ensure that the funeral expenses are covered and that the family can send you off with a dignified burial.  People often mistake a funeral policy for a life policy. These are two different policies with different objectives and outcomes. Funeral cover […]

Many South African families have had to adjust to living on a single income due to job loss or a reduction in income during the nationwide lock-down. School fees, food, electricity costs and other essential expenses remain, and you may find that your income no longer stretches far enough. Here are some tips to on how to make the most of one salary.  Budget   Budgeting is truly […]

Are you struggling with debt during COVID-19? Since South Africa announced its nationwide lock-down back in March, many have been left without jobs or receive a reduced salary and are generally in a bad financial situation. Although the government has provided some financial relief through temporary relief funds, this has proven to not be enough to help the average South African sustain their everyday lives. It may be best for you to take control of the situation yourself. Use this time to review your financial situation […]

There is always a reason to start saving you just need one that resonates with you. Deciding when to start saving could make a huge difference in your financial future. Savings are defined as a portion of income that is not spent on current expenditures and put aside for when its needed. It needs self-discipline but […]

Most South Africans do not realise the importance of having an emergency fund until they need some extra cash. Yet, building an emergency fund is one of the most important steps in taking control of your financial situation.  When life happens and you are faced with an unexpected financial emergency, you need to be able to fall back on this fund rather than turn to debt.    […]

Payment Holiday? Many banks in South Africa are now offering payment holidays. Standard Bank, FNB and Absa to name a few. This has been put in place to allow consumers that are low on cash during these uncertain times to have a break from their debt payments.   Many South Africans are sadly without an income […]

Meerkat’s guide to your finances It’s always good to learn about finances. Here we provide a guide to your finances. The basics of budgeting, credit, banking, saving and debt are the pillars you need to focus on to not only improve your financial education but you will be able to apply what you learn to make your finances great.   […]

The COVID-19 outbreak has created panic due to the uncertainty we find ourselves in. The pandemic has caused not only emotional stress and uncertainty but financially too. Between the exchange rate from dollar to rand depreciating to 17,75 and dropping oil prices, it is no surprise you find yourself increasingly concerned by your finances.  How should we be […]

To be able to save you must be reasonable and realistic to yourself. Start with the small things. Develop consistency and make it a habit. These simple money saving tips can make a huge difference to your life especially if you implement more than one. Let’s get started… 1. Start selling and stop collecting! Most […]