The Importance Of A Retirement Plan – Vantage

The Importance Of A Retirement Plan – Vantage

Securing a solid financial future for yourself is crucial. That’s why a retirement plan is essential. It should be high on your financial priority list. However, about half of South African citizens do not have retirement funds.  A shocking 6% of SA citizens can...
What Does A Deflating Rand Mean?

What Does A Deflating Rand Mean?

There has been a lot of talk about a weakened rand recently. Many factors can influence a currency’s pricing and market perception. Economists at Nedbank foresee a weak rand for the remainder of 2022. According to Nedbank, the US Federal Reserve’s decision to...
A Worrying Decline In South Africa’s Middle Class

A Worrying Decline In South Africa’s Middle Class

Middle-class South Africans are spending their salaries in five days. In a recent article published by BusinessTech, FNB estimates that it takes an average of five days for a middle-income consumer to spend up to 80% of their monthly salary.  This suggests that...
Keep Getting Rejected For New Loans? Read This!

Keep Getting Rejected For New Loans? Read This!

Why are so many South Africans being rejected for loans? Most employed South Africans make use of some sort of debt. Many have a credit card and a store card or two, and plenty have personal loans. There are many middle-income South Africans that have a few types of...