The Secret to A Hassle-Free Group Getaway
November 20, 2023
Planning a group holiday is almost impossible. Luckily, we’ve got three drama proof ways to make it a stress-free getaway, with a little help from Group Accounts.
Money Talks Blog
Categories
Budgeting & Saving
5 Trending Side-Hustles That *Actually* Make Money
Dive into Trending Side-Hustles with Us! 🌟 Need that extra cash for your dream vacation? Or perhaps a fancy coffee machine that does magic tricks? Your side-hustle dreams are just a post away! ☕💼💫
October 31, 2023
Spot Features
Introducing $moneytag – the Future of Social Payments
Money is changing. What it looks like, how it works, the way we use it. And at Spot, we want to help you change with it. We’ve always believed everyone should have access to the opportunities and tools to do more with their money, so we’re making payments more social and more convenient with the introduction of $moneytag.
October 19, 2023
Budgeting & Saving
5 Ways to Recognise Emotional Spending
Emotional spending, also known as retail therapy, is a common behavior that many people engage in without even realizing it. It’s the act of using shopping to cope with emotions, whether it be stress, sadness, loneliness, or even happiness. While it may provide a temporary boost, emotional spending can have serious consequences for your financial well-being. In this article, we will explore ways in which you can notice if you’re spending emotionally and offer practical tips to curb this habit.
October 19, 2023
Spot Features
The Ultimate Guide to Group Accounts
Get ready to embark on a financial adventure like no other as we dive into Group Accounts and explore the many exciting possibilities they offer. So, gather your friends, family, or colleagues, and let’s unpack the many ways Group Accounts can shake up your group adventures!
June 13, 2023
Budgeting & Saving
The Ultimate Guide to Lowering Your Car Insurance Costs
If you’re like most people, you probably dread the thought of paying for car insurance. It’s one of those necessary expenses that can quickly add up, leaving a dent in your budget every month. But what if we told you there are ways to save money on car insurance without sacrificing coverage?
March 8, 2023
Money 101
What is debt consolidation? How and when to consolidate debt?
Debt consolidation comes in a few shapes and sizes. Banks, debt counsellors and credit providers advertise debt consolidation as a solution to people with too much debt. Consumers that have many loans look to consolidate their debt to make the instalments less and easier to manage. Let’s explore the different types of consolidation products in the South African market.
January 9, 2023
Money 101
Why It’s Better to be Cashless and Go Digital
Are you tired of carrying around a bulky wallet filled with crumpled-up cash and receipts? Do you worry about the security risks of carrying large amounts of money? If so, it might be time to consider leaving cash behind and going digital with your payments. This blog post will explore the benefits of ditching cash in favour of digital payment methods and how to make the transition go smoothly.
January 6, 2023
Budgeting & Saving
How to Set Financial Wellness Goals in 2023: A Step-by-Step Guide
To improve your financial well-being in 2023, it’s important to set specific and achievable financial goals. By creating a plan to achieve these goals, you can take control of your financial situation and improve your financial security. Set financial wellness goals for the new year with 5 simple steps.
January 6, 2023
News
Introducing an Innovative Rewards Program for Spot Money Users
Airtime Rewards is designed to be easy to use and straightforward. There are no crumpled coupons or voucher codes. For every purchase, made anywhere, users will earn 3.5% back in Airtime and up to 50% back at partner stores.
April 6, 2023
News
Spot and RCS Partnership Expands Shopping Options for Cardholders
Spot has partnered with RCS, the top consumer finance and financial institution in South Africa, to provide RCS cardholders with the ability to shop anywhere by adding money to their Spot account. This means that RCS customers can now shop using their RCS credit not just at RCS retail stores, but at any store that accepts Mastercard.
April 6, 2023
How to open a free bank account in South Africa
December 6, 2022
So, what you’re saying is that you don’t have to spend additional cash just to be able to spend your money? Exactly! Hidden (and not-so-hidden) banking fees play little role in helping you get the most out of your financial situation. Dare we say, they actually keep you from maximising your money.
Budgeting & Saving
The Ultimate Guide to Lowering Your Car Insurance Costs
If you’re like most people, you probably dread the thought of paying for car insurance. It’s one of those necessary expenses that can quickly add up, leaving a dent in your budget every month. But what if we told you there are ways to save money on car insurance without sacrificing coverage?
March 8, 2023
Lifestyle
The Hidden Costs of Buying a Car: What You Need to Know
Are you thinking about revving up a gear and buying a car, but the price is a big old STOP sign? We have some good news for you. Check out what’s under the hood in our latest blog about the ‘hidden’ expenses of buying a car that you may not be aware of.
February 14, 2023
Hidden fees in banking: Where your money’s really going
November 28, 2022
Have you ever looked at your monthly bank statement and wondered where those extra bucks went? Yes, your account has less money, and you didn’t technically spend it. So, where is your money going, and what are you actually paying for when it comes to banking fees?
News
How to Reduce Your Airtime & Data Costs With Spot’s Rewards Programme
Spot has partnered up with SA’s most loved brands to make paying for airtime and data a thing of the past. There are no voucher codes or clumsy coupons to worry about. Customers simply verify their mobile number in the app, then pay as they normally would in-store and online with their Spot debit cards and they’ll earn airtime or data in return.
November 18, 2022
News
South Africa’s first purpose-driven bank
Welcome to your Money HQ. Spot is your free account for everyday needs. A fast-growing fintech start-up, Spot, allows customers to save, spend, and maximise their money. Spot accounts are secured at Bidvest Bank under their banking license, and debit cards are issued by Mastercard, ensuring the highest security standards.
November 18, 2022
Lifestyle
10 Things to Sell Right Now to Make Extra Money
We get it; sometimes, you need cash, and you need it ASAP. So whether you’re looking for some extra moola in your pocket for an upcoming weekend getaway or if you’d like to splurge during the festive season, here’s what you can sell right now to make extra money and make it fast.
December 6, 2022
Budgeting & Saving
The 20/30/50 budgeting rule
You’re the boss of your money, and the 20/30/50 rule puts your delegation skills to work. The overarching concept of the rule is to divide and conquer and allocate a specific percentage of your income to a particular area in your financial life. In this rule, 50% of your payment goes to necessities, 30% goes to lifestyle and 20% is set aside for long-term savings.
December 2, 2022
Lifestyle
Greg McBride’s end-of-year financial checklist
As the year comes to an end, you may be wondering how you can wrap it up feeling financially stronger. But with the festive season coming up and bank balances that feel anything but consistent – talk is cheap. Fortunately, Greg McBride, Bankrate’s Chief Financial Analyst, has put together a list of financial tasks to complete before we welcome the new year.
November 28, 2022
Spot Features
Introducing $moneytag – the Future of Social Payments
Money is changing. What it looks like, how it works, the way we use it. And at Spot, we want to help you change with it. We’ve always believed everyone should have access to the opportunities and tools to do more with their money, so we’re making payments more social and more convenient with the introduction of $moneytag.
October 19, 2023
Spot Features
The Ultimate Guide to Group Accounts
Get ready to embark on a financial adventure like no other as we dive into Group Accounts and explore the many exciting possibilities they offer. So, gather your friends, family, or colleagues, and let’s unpack the many ways Group Accounts can shake up your group adventures!
June 13, 2023
How to Get a Sparkling Credit Score
April 12, 2022
Living without debt is great – who actually wants to take on debt? A lot of people, it turns out. While we generally do our best to avoid debt (which is the right thing to do) we actually need to take on a bit of debt to achieve important life goals like owning a house!
Money 101
Ditch the Debt: Dave Ramsey’s Snowball Method
Real talk: There’s no quick fix for getting out of debt. For most consumers, it’s an ever-present expense that they factor into every financial decision. In 2022, average consumers in South Africa need to spend around 63% of their take-home pay to service their debt. Here’s everything you need to know about Dave Ramsey’s Snowball method and how it can help you pay off your debt more efficiently.
October 3, 2022
Money 101
What’s the Deal with Interest Rates and What Do They Have to Do with Me?
Picture this – you wake up and get your monthly payment reminder from your bank or credit provider on your phone – and the amount you owe is less than what you owed last month. Win! But why exactly are you being charged less for your loan repayments?
July 25, 2022
Money 101
How to Get Out Of Debt On Your Own (It’s Possible!)
If you’re currently in debt – don’t fret. There are ways to get your debt under control and regain financial freedom, but it will take consistent work and commitment. Read on to discover how you can master your debt, regardless of your financial situation.
July 13, 2022
Lifestyle
How to Talk to Your Partner About Money
If you’re in a relationship sooner or later you’re going to have to talk about money. Whether it’s about who pays for dinner on the first date or whose turn it is to buy groceries – it’s going to happen.
June 14, 2022
Lifestyle
Side hustles that actually make bank in South Africa
Do you ever feel like you could do with a bit more money at the end of the month? Us too. You’re not alone. Across the country, many South Africans are turning to second jobs for additional income. We live in the age of the side hustle.
May 10, 2022
Budgeting & Saving
Wealth Building for Beginners: Tips for Building Wealth Anyone Can Follow
Getting rich when you’re not a Kardashian might seem like mission impossible. Especially when it seems like those who’ve tapped into the millions have either inherited it or traded Bitcoin a couple of times on the stock exchange.
July 11, 2022
Money 101
Understanding Debt
Debt. It’s the ultimate buzzkill. We all wish we had the right kind of stacks we could brag about to family and friends… sadly the only stacks many of us have are that stack of monthly debt repayments piling up.
April 25, 2022
Money 101
Insurance – Do I Actually Need It?
Risk. We dabble in it every day without realising it. Every time you leave your house, get in your car, catch a flight, chew on peanuts, you’re taking a risk. It’s an unavoidable part of life for all of us and, for the most part, we take it on because the benefits outweigh the risks.
March 22, 2022
Black Friday Deals
November 15, 2022
With a few weeks to go before Black Friday 2022, retailers in South Africa are gearing up for a big weekend, kicking off the annual festive shopping season. Black Friday traditionally runs from 25 November, but major retailers like Game, Shoprite and Woolworths are already letting slip what shoppers can expect on the day.
Budgeting & Saving
Fight the YOLO! Eliminating Impulse Buying
If you walk into the mall with a plan to buy diapers and baby formula only to return home with a new pair of bedroom slippers, an SUV you can’t afford, and sweets and chocolates to survive an apocalypse – this blog post is for you.
September 13, 2022
Budgeting & Saving
Hacks For How to Save Money on Your Monthly Utility Bills
We’ve all felt that bittersweet feeling when the bank notifies us that money’s been deposited into our account. The month has been longer than the money and now, finally, you can breathe a sigh of relief.
June 27, 2022
Budgeting & Saving
The No-Nonsense Guide to Budgeting for Beginners
Let’s face it, there are many things we’d rather be doing in our spare time instead of budgeting. It’s not very fun, no matter how old you are. But it’s necessary and, if you do it right, can change your life in the best way.
March 3, 2022