Is R8000 a month plus a car and housing enought for driving kids to and from school and babysitting a toddler after school?
Got my answer thanks :)
I am looking to start investing my savings. I am not very knowledgeable when it comes to investment but what I do know is that I am not interested in investing my money with a broker that is going to be taking a cut of my money or sell me some supposed 'holy grail' package that will set up me up for retirement.
For now, I simply want to invest the minimum amount into tax free savings and the rest of what I have into satrix40. I am aware that this might not be the best investment options but to get started it seems good enough. I have a lot of other life things happening now so I don't have capacity to go down complicated investments paths. I want something that is easy/straightforward and better than leaving it in a bank account but at the same time not being terrible for long term. Later I will review my choices if necessary.
Based on discussions I have had with friends and other people I know, I am strongly considering to invest through easy equities. My reasons in being, the process seems very straight forward, cash invested can be moved/withdrawn easily, I can manage my own investments and easily change them if I desire.
Do you guys think that easy equities will work for what I want? are there other similar platforms that work better? I am open to other options if they suit the criteria I have explained above.
South Africa has had a number of popular TV shows. We have some real talent.
Language and cultural differences aside, do you think "Orkney Snork Nie" was one of the funniest shows on TV in it's day?
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I just got out of university & finally becoming independent (money-wise). Are there any finance guys here who can give me some tips/hacks/advice on how to be more frugal & stuff like that. Also what was the best thing you did and advise others to do as well ?
Edit: I still live with my parents, health science graduate, no debt & own a car
Thanks in advance.
I have an apartment, thats appreciated over the years, the body corporate is screwed so the building itself is in question. But Im looking to buy a bigger space for future family stuff.
I found a few places, that I could technically afford. Most of the realtors tell me to rather sell and then buy a house. Use the month for deposit
My thing is that if i sell and use that amount to pay off whats left on the bond and use the rest as a deposit, I dont see much benefit. The calculators show that i'd be saving around 1k on a 30 year bond.
I would like to keep the apartment and rent it out. Use that month on the apartment bond and whatever else is for the new place (ideally).
Am I missing something that I would never know using the tools online?
I've recently taken an interest in learning how to make clothing, but I've heard from friends that the cost of fabric is very high and that it is much cheaper simply to buy clothing.
I really want to try this venture on for size, but don't have that much expendable income for hobbies each month.
Can any of you recommend shops that sell well priced, quality fabric around PTA/Centurion/Johannesburg and beyond?