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Fin24 can help! This month our focus is on savings and how to better manage your budget. Send your question to [email protected] or find the Money Clinic box on the right of our homepage. QUESTION: We ...
There are predominantly four types of stokvel, categorised as saving, burial, investment and high budget stokvels. Although men and women initially utilised this saving approach, it became a ...
Cut your budget for clothing, hair or entertainment by 5% every month ... Most banks have accounts for group-saving schemes such as stokvels and there are also apps such as Stokfella (on Apple iTunes ...
Today’s stokvels are increasingly geared at investing ... by these groups — that’s roughly the City of Johannesburg’s budget. Tshepo Moloi, the founder of StokFella, an app created to ...
women are responsible for managing the family budget, household expenses and planning and saving for the future. This also explains the massive growth and popularity of Stokvels throughout the years.
Experts predict the popularity of stokvels in South Africa is about to ... Finance Minister Enoch Godongwana’s proposed ...
Investing in property can seem like an intimidating venture when you don't have a huge stash of cash. Here are a few tips.
Like many South Africans, Busisiwe Mkhondo (43), of Soshanguve, Pretoria, and the other members of her stokvels have been diligently saving throughout the year, planning to have a blissful festive ...
It’s almost that time of the year again – when stokvel members gather around the table to distribute their hard-earned savings. No doubt, social savings clubs have been part of South Africans ...