Financial success: a year in review

2011-12-03 14:50

This year City Press, in conjunction with our sponsors, helped many of our readers on the road to financial success.

We helped Michael and Buthelezi start trading on the JSE and through Nhlanhla and Fox’s experiences, we learnt how in marriage your partner’s debt becomes your debt.

Zandi, Heather and Monica raised questions about finances and children – how do you protect your children financially? How do you start saving for their education?

Lerato and Tshepo both wrote to us as young people wanting to know how to invest their first pay cheques.

Lerato had a young son to care for and Tshepo wanted to buy a car and some furniture.

But we also learnt from our readers. Phezulu Investment Club and Reyakopele Trading shared with us the secret to their success in creating wealth through group savings.

Pro Share Investment Club and LLL Investment Club told us how investing as a group kept them disciplined during volatile market conditions, protecting them from making emotional decisions.

Complaints by readers raised the issues of debt administration and credit life policies, and even uncovered fraud allegedly perpetrated by Letsatsi Finance and Loan. As a result, this case is being investigated by the National Credit Regulator.

None of this would have been possible without the input from our readers.

Our articles are driven by your financial questions so we urge you to please keep on writing to us and give us feedback, and to challenge us with your questions.

Next year we will be expanding the section to bring you even more information on how to manage your money so that you can create the lifestyle you want.

We will be writing on how to trade foreign currencies without paying out thousands of rands for courses, the best way to finance your car, how to protect your money from taxes and fees, how to support an unemployed family member and how art can be an investment, to name just a few.

If you have any inspirational stories on how you have managed to turn your finances around or have a financial question that you want to have answered, please email us at: personalfinance@citypress.co.za


Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.