Manage your finances

2017-09-27 06:00

“SPRING has sprung and while we looking forward to some time off during the summer holidays, we should maybe start looking at how we plan our finances for 2018,” says Ester Ochse, Product Specialist FNB Advisory.

This year has been characterised by uncertain economy conditions which continue to affect the financial situation for consumers and businesses.

“In some instances this causes financial­ gaps which contribute to a culture­ of people living way beyond their means and getting trapped in a cycle of short-term debt,” says Ochse.

She said it’s important to re-evaluate and refresh the way you use money.

Not only will it help in the long run, it will also help you be more organised and disciplined.

She explains that consumers should be able to get their finances in order through these easy steps:

• REVIEW: Compare budgets from last and this year for wasteful and unnecessary expenditures. Base your financial decisions on your needs, wants and responsibilities.

• REUSE AND RECYCLE: Try to be creative and recycle what you have to the maximum instead of throwing it away.

Or alternatively, trade in the item for cash which you can save for something else in the future.

• REDUCE: Your debt and unnecessary household expenses.

Focus on things that matter, like your child’s education, that special family holiday, your retirement or even household groceries that we often take for granted.

- Supplied


Join the conversation! 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.

Inside News24


Enter the examination number or search by province or school (NSC Students) to view results.

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


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 network.


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.