The Financial Coach

MANAGING PEOPLE AND THEIR EMOTIONS AROUND MONEY

Gryphon Money Market unit trust – the most accessible money market account out there?

Despite all the money that the banks spend advertising their savings products and all the claims to have no fees or commissions, I would not put a cent into any of their money market or savings products. If you want a money market account then you need to use a unit trust money market fund. …

Contract save from Std Bank?

Was just in the bank this am when my eye caught the latest offering from Std Bank – “Contract save” – the byline is “pay no fees and commissions”. So what is it and is it any good? In a nutshell it appears to be a form of “contractual” saving with a minimum term of …

Ignorance is not bliss!

There are many reasons that people get into debt, usually they can be categorised into one of the following three: Ignorance, Indulgence, or Poor Planning Debt is often the symptom of some “other” issues but that is the subject for another post. In this post I want to look at the first category: ignorance. This …