Do You Have a Baby Budget?
Motherhood is meant to be magical – but what if you aren’t financially prepared? We talk about budgeting for a baby and preparing for their future.
Updates
Updates about the company and some hacks for using the app.
20 posts
![What's the Level of Financial Literacy in South Africa? [+ financial literacy quiz]](/blog/content/images/size/w600/2023/09/financial-literacy.png)
What's the Level of Financial Literacy in South Africa? [+ financial literacy quiz]
Although the latter found that 42% of South African adults were financially literate (placing us 3rd in Africa and 39th overall out of 137 countries), the SASAS study revealed a declining trend in the percentage of questions answered correctly (scores improved in only one of five categories).
Market Update | The Satrix Top 40 ETF Left In The Dark
August was not the brightest month for the Top 40 companies as only 12 companies were in the green, while the rest remained in the dark and experienced a decrease in share price compared to last month.
Market Update | The Satrix Top 40 ETF is on Fire (July’s Barbiecue)
As at the 31st of July, the Satrix 40 ETF closed at R73.53. That’s an increase of 3.2% over the past month (R71.27), and while it’s just not quite (K)enough to surpass that 10% mark, that means an impressive 9.3% increase from the beginning of the year (R67.28).
Your Guide to Tax-Free Savings Accounts
Tax-Free Savings Accounts (TFSAs) were introduced with the aim of encouraging South Africans to invest and benefit from a tax break. There are a wide range of potential TFSAs to choose from – some good and some very bad. Let's look at them.
Market Update: Understand your Satrix Top 40 Performance
Our quarterly update tracks the performance of the Satrix Top 40 ETF. At the end of the second quarter of 2023, the fund closed at R71.27 (+0.17%). Let's see why.
Satrix Top 40 Performance Update | May 2023
As at the 31st of May, the Satrix 40 ETF closed at R70.72. That’s a decrease of 3.4% over the past month (R73.22). However this is still an increase of more than 5% from the beginning of the year (R67.28).
Market Update: Understand your Satrix Top 40 Performance
The first quarter of 2023 was mostly good for the top 40 companies on the JSE: 21 of the top 40 companies saw gains (growth). This was due to promising financial results and positive outlooks for the rest of the 2023 year.
David and Goliath Retold
Winning the Best Financial Solution at the MTN App of the Year awards, over Shoprite and 22seven felt like a David vs Goliath moment. Read about how we achieved it.