Burgernomics: Decoding Currency Values with the Big Mac Index
“The secret of Big Macs is that they’re not very good, but every one is not very good in exactly the same way.” (Joel Spolsky) The concept is straightforward: in theory, the same things should cost the same globally. The Big Mac is a great product to compare because it’s sold in over 100 countries […]
How to Avoid Being Scammed by Email Fraudsters
“…sending bank details by email is inherently dangerous.” (Extract from court judgment) Before you make any payment to a supplier’s bank account on the basis of an emailed invoice, check that the bank account details in the invoice are genuine. If your supplier’s or your own email system has been hacked, the invoice details could […]
Safeguard Your Money: Look out for Phishing Scams
“Obviously crime pays, or there’d be no crime.” (G. Gordon Liddy) It’s an unfortunate reality that you can’t be too careful with your money these days. For all that modern technology has done to enhance our lives, it has also sadly made it easier for criminals to operate. It’s no longer necessary for the bad […]
How to Give Meaningful Gifts This Festive Season
“We are living in a material world, and I am a material girl.” (Madonna) Why not take this festive season as an opportunity to begin a tradition of truly meaningful gifting in your family? In today’s world, more and more people are realising that things bring only fleeting joy – it’s experiences that really matter. […]
How to Avoid Being Scammed by Email Fraudsters
“…sending bank details by email is inherently dangerous.” (Extract from court judgment) Before you make any payment to a supplier’s bank account on the basis of an emailed invoice, check that the bank account details in the invoice are genuine. If your supplier’s or your own email system has been hacked, the invoice details could […]
Can Gratitude Make you Feel Better About Your Money?
“Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.” (Oprah Winfrey) Most personal finance advice focuses on practical things like budgeting, saving, and investing. But financial wellbeing isn’t found on a spreadsheet. It really begins with how we approach […]
Living Wills: A Must Have, Despite the Grey Areas
What is a Living Will? A Living Will is a document describing your preferences for medical treatment if you are terminally ill or injured and are unable to communicate. For instance, you may not want doctors to use artificial breathing equipment or tube feeding to keep you alive while insisting on pain relief at all […]
Thinking of moving to Australia? Bear these numbers in mind
As the adage goes, the grass is always greener on the other side. Right now, Australia may seem like the pot of gold at the end of the rainbow. But don’t make any rash decisions until you’ve digested the facts and figures below. The perils of perception Before we start, let’s talk about The Misperception […]
Is Money Stress Taking a Toll on You?
According to a survey of 14 000 people by Debt Busters last year, a significant majority of South Africans are feeling financial stress. It found that 70% of us are stressed about money in some way. More than half of the participants said that they are worried about running out of money before the end […]