Blog posts in Financial Education

As part of the Fincheck Vehicle Finance education series, we're taking a moment to give people some perspective on the small things they end up paying big for. If you think the recent increases in fuel prices result in your most expensive tank of fuel ever, you're mistaken.

We recently launched our **VEHICLE FINANCE product page** to help people all over South Africa make a better vehicle finance decision! In the next few weeks, we're going to give you the full low-down on all things vehicle finance, so stay tuned for more after this article.

Below we're sharing 3 cornerstone tips on how you can build a healthy budget together as a couple!

How many people do you know that do not use their money wisely? Too many. Unfortunately, the majority of those people are students and even young working adults. Most of the money misuses happen due to the lack of knowledge. What can you do differently for your kids?

What makes it even worse, is that your actual budget and projected budget barely ever match! We previously shared a super simple monthly budgeting tool with you. If you've used that (or any other budgeting tool), it's time to see how well your budget meets your actual spending amounts.

In the 2016 People’s Guide to the Budget, it’s noted that expanding access to post-school education and training remains a priority for Government in order to produce the skills necessary to fill jobs, and in turn, boost the economy on its road to recovery. Yet, it is funny to think that South Africa spends a bigger share of its gross domestic product on education than any other country in Africa, yet performance levels are lower than in many other countries on the continent. What will change?

We see tons of articles talking about good debt versus bad debt. But, not so many on how this is applicable for young people entering the workforce. The reality is, young employees are faced with a lot of choices and temptations! Most have just finished studying and are starting a new work. Usually, this means new-found financial freedom in the form of income!

With continuous petrol price hikes and the ever-rising cost of living, many feel as though they are drowning. From expensive debt repayments to living from hand to mouth, South Africans must act fast if they are to take back control of their finances.

Sticking to a monthly budget is a sure way of getting your finances back on track. But, unfortunately, it's something a lot of us are not disciplined enough to follow! Even here at Fincheck, we sometimes have to give ourselves a little kick to stick to our personal finance goals!

In the current Rand situation, it can be an attractive option to invest offshore. But before you choose any one of these, it is first necessary to name that principle as old as time itself – don’t put all your eggs in one basket