banks Archives -

More bad business…

Flipping banks! Was chatting with a client yesterday who was relating his sorry tale of applying for a bond…here are the facts; you decide if this is ok! Net income – R45000, bond applied for R1075000 on 10th Jan 2011 (house value – R1.56million, deposit – R485000). The banks replied as follows: ABSA – “our …

Is that your final offer?

Mostly, I love what I do – helping people to manage their money better. Yesterday I was reminded again of the value that we can add to people’s lives… A client called me about a forex transaction that she was busy with to see if I thought the rate that the bank was offering her …

Interest (ing)…

I heard an advert on the radio last night for Nedbank’s new “Park-it Limited Edition Investment account”…seems that if you give them R10000, they will give you up to 6.25%* interest per annum and after the first 14 days you can have access to your funds with 24 hour notice. There are at least 2 …

The Financial Coach

More bad business…

Is that your final offer?

Interest (ing)…