Envelope budgeting has been around for years. There is a good chance that if you asked an older family member they will have either done it or heard about it. I have mentioned envelope budgeting in a few articles in the past and again recently. It is recommended by financial gurus such as Dave Ramsey […]

‘Cash is king’: If you always pay cash, you don’t get into debt. Somewhere along the way, this has been forgotten. I know I was aware of it before my children were born. Pay Cash My father never bought anything on credit except his house; I think my parents bought their first car on credit […]

No matter the size of the win, lotto winners who wish to keep their money, need to budget. There are more lotto winners who have lost it all than those that have kept it. I am not talking about the smaller winners but the ones who win big. There is obviously an urge to spend […]

There are no quick fixes in getting out of debt. Whether you are doing it yourself or with an advisor, getting out of debt will take time. Depending on the amount of debt, it could take weeks, months or even years. Debt snowballing, quick method to small debt One of the quickest methods, when doing […]

Debt counselling, debt mediation and debt consolidation; these are words bandied about every day. Do you know what they mean? In Phumelele Ndumo’s book ‘Debt to Riches – steps to financial success’ she covers these topics in detail and in a way that is easily understood and, in my opinion, one of the first books […]

‘Do you know how much you spend each week/month?’ This is one of the first questions I ask potential clients during the 20-minute free discovery call. It is important to me that when a client comes to me to learn how to reduce their household bills, they understand how much help they need. I don’t […]

Your money relationship begins as a child, which is a sentiment I read about in Suzie Orman’s book ‘9 Steps to Financial Freedom’ and again in Phumelele Ndumo’s book ‘from Debt to Riches’. This is something I believe to be true; however, they are not always fixed. As a child, I learned that you don’t […]

Credit ratings Your credit ratings are based on how well you pay your debt! Paying your instalments on time, and in full, increases your credit rating. At the same time though, having no debt decreases your credit rating. So how do you maintain a good credit rating when you don’t want to have any debt? […]

Budgets and debt go hand in hand. Being in debt usually starts with you not having a budget. By the time you start thinking about a budget, your debt is often already well established. Over the years I have become an expert on being in debt and trying to create budgets!  And in some months […]

South Africa doesn’t coupon! We are far too advanced for that! We use apps! Most South Africans haven’t got time to sit and cut out coupons. I have to admit I do prefer the apps as we already have too much litter on the streets. Couponing helps you get your home sorted by making sure […]