If you’re considering choosing a balloon payment when financing a new car, you’re not alone. South African banks report that as many as a third of car loan customers are choosing the maximum balloon payment to reduce their monthly repayments. However, it’s wise to consider the long-term impact before committing to a balloon payment.

Being fit is about more than just your physical health. It’s also about your financial health. Just as physical health and fitness enable you to manage daily stresses and enjoy life, financial fitness gives you more control and confidence when facing financial ups and downs. However, while most people recognise the importance of physical fitness, few of us pay as much attention to our financial health and money fitness.

Being fit is about more than just your physical health. It’s also about your financial health. Just as physical health and fitness enable you to manage daily stresses and enjoy life, financial fitness gives you more control and confidence when facing financial ups and downs. However, while most people recognise the importance of physical fitness, few of us pay as much attention to our financial health and money fitness.