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Articles by Harper Banks

Why a shift to freelancing appeals to 80% of South Africans

Why a shift to freelancing appeals to 80% of South Africans

29 September 2021

It’s easy to imagine that with the rise of Covid-19, many employees lost their jobs in South Africa and started freelancing. However, a shift to freelancing already emerged prior to the pandemic.

Is it worth the penalty to settle your personal loan early?

Is it worth the penalty to settle your personal loan early?

28 September 2021

If you have a personal loan, and you just received a bonus or an inheritance, you may be considering settling your loan in one go. However, did you know that this comes with penalties?

Can your credit score revert to zero?

Can your credit score revert to zero?

27 September 2021

If you’ve settled your credit-bearing accounts and you decide to close them, would your credit score eventually return to zero?

Don’t let your credit score hinder your hiring

Don’t let your credit score hinder your hiring

26 September 2021

While filling out a job application, you may notice that your prospective employer would like your permission to view your credit report. But is this acceptable, or is it an invasion of your privacy?

Can you afford emergency surgery for your pet?

Can you afford emergency surgery for your pet?

22 September 2021

If your family pet collapses, you may be shocked by their medical bills, which could place you in long-term debt and ruin you financially. We consider how pet insurance can help with these costs.

What happens to the interest on your tax-free savings?

What happens to the interest on your tax-free savings?

21 September 2021

You may be interested in investing your savings in a tax-free savings account (TFSA). However, the amount you’re allowed to save in this kind of account is capped. So, what does this means for any interest you earn above the limit?

What does financial emigration entail?

What does financial emigration entail?

20 September 2021

Over the last couple of years, you’ve slowly been saving to move abroad. You’ve learned a new language, and mapped out all the places you plan to see. But should you take all your wealth with you?

6 Clever ways to spend your tax refund

6 Clever ways to spend your tax refund

19 September 2021

After submitting your tax calculations to SARS, you may receive a tax refund. This is a tax break offered by SARS based on certain expenses. But what should you do with it? We have a look at six productive ways you can spend this money.

When to trade in your old car for a new one

When to trade in your old car for a new one

16 September 2021

You may have noticed that your car isn’t running as smoothly as it used to. This is particularly concerning if you’re hoping to sell it at a reasonable price, and buy yourself a modern alternative.

How long does debt reflect on your credit score?

How long does debt reflect on your credit score?

14 September 2021

If you’ve ever had debt that you didn’t manage well, you may have wondered how long the debt would remain, or be retained, on your credit score. This is known as a “retention period” and it is governed by the law.

Is an average credit score better than a zero?

Is an average credit score better than a zero?

13 September 2021

If you have a credit score of zero, you may be reluctant to start building it, for fear of it being average for a time. However, is sustaining a credit score of zero a sensible strategy?

Does credit card travel insurance cover every ticket you buy?

Does credit card travel insurance cover every ticket you buy?

12 September 2021

Having used your credit card to purchase plane tickets for your family vacation, you find out that you will receive automatic travel insurance. But does this apply to every ticket holder?

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