Money on a Monday: Beware the hidden costs of downsizing after retirement

For many people entering their twilight years, it seems to make sense to sell off their large homes and move into a smaller unit, using the profit as a way to cover their future living expenses. But this is easier said than done, as Lester Kiewit finds out from Bruce Cameron, author and former pers…

Money on a Monday: Do not share your store discount card with strangers

have you ever been asked if you can lend someone your store discount card as they forgot theirs at home? You pondered it for a second and didn’t think any harm would happen as long as they aren’t using up your hard-earned points and you’re simply helping someone save some money – right? Don’t be to…

Money on a Monday: Don’t be fooled into undergoing debt review

Banks are warning their customers to be cautious of advertisements promising significant discounts on debt repayments without clarifying that they are actually referring to debt review or debt counselling. While debt review can indeed help to manage debt, it also has serious implications such as l…

Money on a Monday: The attraction and pitfalls of Buy Now Pay Later

South Africans are reliant on credit and payment options to afford essentials, and Buy Now Pay Later platforms have given them an affordable alternative to taking out a store account or loan.  But there is a danger that account holders could soon find themselves overextended and unable to keep up …

Money on a Monday: Testamentary trusts can keep heirs in check

Simply leaving an inheritance to one’s heirs might not be the sound way to do things, especially if they have never managed a meaningful sum of money or struggle with financial discipline. Lester Kiewit speaks to Rita Cool, Head of Retail: Best Practice at Alexforbes, to discuss why one should con…

Money on a Monday: Disconnect between buyers and sellers in Cape Town property market

Lester Kiewit speaks to real estate specialist Nancy Oeschger about how the Cape Town property market is undergoing an unusual phase where buyers are looking to pay less for properties, while sellers are looking to get more than is realistic. Good Morning Cape Town with Lester Kiewit is a podcast …

Money on a Monday: Time to recalculate your financial route

Lester Kiewit speaks with Afua Darko, Business Head of Sanlam Credit Solutions, about why National Savings Month is the ideal time for a mid-year financial check-in. Using the analogy of a budget as a GPS, they discuss why changing financial circumstances don't mean abandoning your goals, but rath…

Money on a Monday: The Yoto Player and how parents are spending on kids

John Maytham, standing in for Lester Kiewit, speaks with Brandon de Kock, director of dtorytelling at BrandMapp, about the rise of the “kidult” toy market and what it reveals about how adults are spending heavily on nostalgia-driven toys for themselves, while children grow up in an increasingly scr…

Money on a Monday: Shop2Shop enabling informal traders and small businesses to pay and get paid

As more people opt to go cashless and embrace digital or card payment options, informal traders and small businesses need to ensure that they can keep up with the trend while also be enabled to make immediate digital payments to their own suppliers. Shop2Shop is providing a solution through their …

Money on a Monday: Does it pay to strive for airport business lounge access?

Many banks offer their clients limited and also unlimited access to their airport business lounges, where travellers can relax with a drink and some snacks before boarding their flight. But there are certain terms and conditions to be met in order to enjoy these perks.  Lester Kiewit speaks to Hi…