Your first step towards achieving your financial goals is to set a plan. Planning in financial terms is expressed through a budget - this is a detailed plan of your income and all your expenses. It is an important tool that will show you, your spending habits and let you know what your financial status.
There are some key steps to consider when drawing up your budget:
Step 1: Prioritise:
When drawing up your budget, make sure your top priorities are listed first which should include food and shelter, water, electricity and transport as well as savings.
Welcome to 2015 - it is a New Year and as usual, you may have made some resolutions. A New Year resolution is a tradition in which a person makes a promise to do an act of self-improvement in any area of their life starting from the first day of the year. Popular New Year resolutions include: improve finances, exercise more, eat healthy, make new friends, start a business etc.
Now, old habits truly die hard but with some discipline and heavy doses of willpower, you can achieve your resolutions in 2015 with these 5 guides:
1. Write them down
The holiday season can leave one feeling anxious in regards to finances; the pressure to give your family a great holiday often outweighs the well laid out plans that you had in mind. There are gifts to buy, holidays to consider, excursions to be had and a host of other unplanned things that come up, all of which need money. But fret not, you can still give your family a great holiday without breaking the bank. Here are a few ways you can still give your family a memorable holiday.
Maya Angelou, author and poet, said: “Any book that helps a child form a habit of reading, to make reading one of his deep and continued needs, is good for him”.
With this in mind, Standard Bank Group donated “edutainers” to five schools in different parts of South Africa. This week we visited Masifunde Day Care Centre in Diphini Location in Mooiplaas, Eastern Cape provine, to hand over one of the edutainers
Energy development has not kept pace with the rising demand for power in the Southern African Development Community (SADC) region.
Reliable electricity supply is one of the biggest challenges faced in the SADC region, impacting GDP growth. What we see is that some countries have power surpluses while others have deficits, but sharing surpluses has not been possible due to lack of interconnector capacity among southern African countries.
Most of us know that we need to protect our details when it comes to online shopping and electronic banking. We also know that criminal activity increases over the festive period when we’re all rushing to get things done and may overlook certain red flags.
In 2013 there were 35-million people living with HIV. Ending HIV transmission and the Aids pandemic by 2030 is possible but only by closing the gap between people who have access to HIV prevention, treatment, care and support services and people who are being left behind.
“Close the Gap” is the theme of World Aids Day this year. But what does it mean?
‘Tis the season for a little gift-giving and Standard Bank’s Truck of Love is ready to hit the streets of Gauteng again. For the first time this year the Truck of Love makes its way down to Cape Town to make more dreams come true.
Now in its third year, the Truck of Love is back and eager to be filled with things people need most in a bid to help those individuals or organisations already making a positive contribution to society.
A select group of media representatives are kicking off a two-day forum Standard Bank Group is hosting in Dar Es Salaam, Tanzania.
The aim of the forum is to introduce them to our operations in the region and also our cross border capabilities in East Africa.
Standard Bank Group operates in 20 countries in Africa. We have been active in East Africa for nearly 110 years and currently have over 370 points of representation in four countries in that region: Kenya, Tanzania, Uganda and South Sudan.
Here is a view of our operations in East Africa: http://bit.ly/sbmediaEA.