Get your financial fitness up with 1Life and Justmoney’s Truth About Money prize giveaway

To help kick start 2017 more financially healthy, 1Life is giving five of our new Justmoney newsletter subscribers the chance to win guaranteed access to their Truth about Money course valued at R2 500 each.

Launched in March 2014, the initiative gives South Africans the opportunity to learn about sound money management and become financially independent, through an eight-hour online financial education course. It also allows you to take advantage of debt management should you feel overwhelmed by the existing debt that you have accumulated, as well as plan for your family’s future through the wills and estate planning benefit.

Along with this prize, 1Life offers the following financial fitness tips this December:

• Stretch your budget: Be sure you know what your income and expenses are including all the day to day expenses that are easy to ignore e.g. your daily cup of coffee. Once you have a realistic picture of how much money you have and how much you are spending, see what you can do to make your budget stretch through December and January so that you don’t start the New Year with a negative balance. Cut costs, make sacrifices, and when the money is gone, stop spending.
• Focus on your essential expenses: Make sure you’re up to date with all of your monthly payments, by making provision for them for the December and January month-ends. Also be aware that many of your products and policies might incur an increase in January, so make sure that you are aware of the new costs for 2017. Create a spreadsheet and keep track of everything from bond and car repayments to life and household insurance, so that you budget for these expenses first.
• Detox your debt: Debt doesn’t have to be a part of your monthly budget. Look at all the different lines of credit you hold and be honest with yourself about how much the repayments and interest are really costing you. Try pay your highest interest accounts first or, if you are lucky enough to get a bonus, use this to clear some or all your debt. Avoid getting into any further debt over December, and make a New Year’s resolution to get rid of debt in 2017. The only way to do this is to pay back more than the minimum instalment and to avoid dipping back into that particular line of credit. If you make it a priority, you can do it.
• Rope in a financial fitness partner: Getting fit is easier if you do it with a friend. Find someone that you trust and who has the same financial goals as you, and use the buddy system to encourage each other to control spending and beat debt.

 How to get your hands on the prize

To get your hands on this prize, all you have to do is sign up to our newsletter between 25 November and 2 January 2017 and your name will automatically be entered into the competition.For information about terms and conditions in regards to the competition, scroll down below.

Justmoney Competition Terms & Conditions

1. Entrants must sign up to the Justmoney newsletter between the 25 November and 2 January 2017.
2. The prize is available nationally.
3. Justmoney will do its best to contact the winner with the contact information provided. No more than three attempts will be made to reach the winner within five working days after the competition draw. If the winner selected cannot be reached within this period their names will be withdrawn from the pool and a new winner will be selected from the draw.
4. The winner will be announced on the Justmoney website and social media pages.
5. Justmoney bears no liability if erroneous contact information is provided.
6. The prize cannot be redeemed for cash, however, the winner may transfer the prize to another person if they so wish.
7. The competition will run during the 25 November and 2 January 2017. The winner will be drawn at random in the first week of January. Entry into the competition constitutes agreement with all terms and conditions without exception.
8. The prize is aTruth About Money course valued at R2 500 which will be awarded to five people.
9. All entrants, by entering, accept that their entries will become the property of Justmoney and may be used to compile a database for marketing and promotional purposes.
10. The judge’s decision is final and no correspondence will be entered into.
11. Justmoney may use the name of the winners for promotional purposes without further compensation to the winner.
12. The prize winner may be required to appear in promotional material or events.
13. All entrants, by entering the competition, agree to be bound by the competition rules.
14. The Justmoney 1Life Competition is open to everyone residing in South Africa except employees of Justmoney or Moneybags, their merchandisers, advertising, promotional and PR agencies and any immediate families.
15. Entrants must produce legitimate identification documents to prove that they are the winner for auditing purposes.

For more information about 1Life, click here.