Nothile Finance

  This is a one-stop article where all the South African banks are compared. We will save you the time of searching for information on different sites. There are a lot of banks offering the 32-day notice account and we will cover everything you need to know about them all. Although I recommend comparing all the banks (to get the best offer), You can use the table of contents to take you to the bank you are interested in. FNB 32-DAY Flexi notice account(individual and business) The First National Bank offers the 32-day Flexi notice account for both individuals and businesses on the same terms. You have to invest a minimum of R5000 into the account and can make regular deposits.  It has up to a 3.70 nominal interest rate over a period of 12 months. You can choose to have the interest reinvested (into the same 32-day notice account) or transferred into your account.  The FNB 32-Flexi notice account has no admin fees, however, you will pay a fee if you withdraw sooner than 32 days. FNB a

If there is one thing the past year has taught us is how unpredictable life can be. Emergencies are imminent. You never know when they’ll arise so it is better prepared. Having an emergency fund reduces the stress surrounding the unknown. What is an emergency fund? An emergency fund, or as I call it the “Oh Sh*t,” refers to money put aside in case of unexpected expenses arise. Its purpose is to cover unavoidable and unexpected costs that arise.  The aim is to build financial security so that even if the worst (like losing a job or having unexpected medical expenses) happens, you will still be able to cover all your fundamental expenses. It is definitely not for the pair of sneakers you just saw at your favorite shop. Or the lovely sundress that fits your figure perfectly.   How big should my emergency fund be? Most personal finance gurus advise that it should be equivalent to your 3 monthly expenses. However, I believe six to nine months is better and safer. While we always hope that

In a struggling economy with prices sky-rocking, we are left with no choice but to be very mindful of our spending. There are effective ways one can be a mindful spender by adopting.  Take inventory of what you have before shopping Before you go shopping, you need to take inventory of what you already have. This will ensure you do not buy the stuff you already have, ergo saving you money.  It will also offer insights into your consumption. You will learn more about what you utilize and what you don’t. Therefore it will eliminate the chance of cluttering your pantry or closet with the same stuff that you never use.  Pause before you buy To be a mindful spender you need to get into the habit of looking into your shopping cart and asking yourself: Do I need this?  It is easy to fall into the routine of buying certain things out of habit. Things that you don't need but are very familiar with seem like a need.  For instance, buying jerseys because it is wintertime. Not because you need

Source: Pexel   Saving money is hard. Even harder when you do not know how to. Budgeting is often made out to be a gruesome process that seeks to make you unhappy but that is not the case. In this article, I have covered 4 methods to help you manage your money. But firstly, what is a budget? A budget is, as defined by the Oxford Dictionary, the money that is available to a person or an organization and a plan of how it will be spent over a period of time. It is basically how you’ll spend your money. There are a lot of budgeting tools and apps today that might help you and I have compiled them. Before we get into that, let’s go through the basics. What you need to know/do  before  you set up any budget . 1.     Calculate your after-tax income After-tax income is the amount you are left with after-tax deductions. This amount is before your deductions. Most South Africans receive a net salary, which is the amount after all deductions. These deductions are tax, pension fund, UIF, Medical a