Author: jovan
Amid challenging financial times, women in South Africa are increasingly turning to side hustles to supplement their income, achieve financial independence, and even pursue entrepreneurial dreams. In a recent video, personal finance content creator N. Kumalo shared ten practical side hustle ideas designed to empower women while considering South Africa’s unique economic landscape. This article delves into these ideas and highlights key points to note for success. 1. Invest in Uber or Uber Eats Vehicles for Rental Owning a vehicle can be turned into a profitable venture by partnering with ride-hailing or food delivery services like Uber or Uber Eats.…
In South Africa, turning hobbies, skills, or unique interests into income-generating ventures has gained popularity as people look to supplement their primary income or fully dive into entrepreneurial pursuits. Here are some practical and inspiring side hustle ideas based on real-life success stories from South Africans who have mastered the art of earning extra income. 1. Turn Your Hobby Into a Business Example: Leather Wallet Making One South African turned a simple hobby into a thriving business. They started by making leather wallets for friends, and word-of-mouth led to orders from their friends’ networks. Now, they’re fully booked for months…
Starting a business can be intimidating, especially with concerns about failure and financial risk. However, some businesses have proven to thrive consistently, offering opportunities for success with the right approach. Here are several small business ideas in South Africa that can stand the test of time and economic fluctuations. 1. Website Design Services With the increasing digitization of businesses, a strong online presence is essential. Offering website design services ensures that businesses can: Market their services 24/7. Provide product and service information. Accept payments and take orders online. Why It Works Small businesses often lack the technical skills to create…
As we approach the 2025 presidential term, the return of Donald Trump to the White House promises to bring significant shifts in U.S. economic policy. These changes, combined with the evolving global economic landscape, will create new investment opportunities for savvy investors who can recognize and capitalize on the emerging trends. While uncertainty is a natural part of any political transition, understanding the proposed policies under a Trump presidency will be key to navigating this new economic era. Overview of the Economic Landscape in 2025 In 2025, the U.S. economy stands at approximately $28 trillion in GDP, reflecting robust consumer…
In this detailed summary, we explore the essential differences between two popular brokerage firms: Fidelity and Robinhood. Having invested with both for over six years, we will analyze key categories crucial for investors making a choice between these platforms. The evaluation will focus on safety, user interface, investment and trading experience, and cryptocurrency services. The Categories of Comparison Safety Both Fidelity and Robinhood offer investment safety features. Here’s a brief breakdown: Fidelity: FDIC Insured: Up to $250,000. Additional Coverage: Lloyd’s of London insurance covers excess up to $1 billion. Robinhood: FDIC Insured: Up to $250,000. Additional Coverage: Lloyd’s policy caps at $100 million, with $10.5 million per customer. Grade: Both firms received an A…
Investing in real estate is often viewed as a safe and lucrative option, but without due diligence, it can quickly become a costly mistake. Nigeria’s booming property market is no exception, and unsuspecting buyers can fall victim to inflated valuations or hidden pitfalls that erode returns. In this article, we explore how to avoid being scammed into purchasing overpriced properties in Nigeria and highlight key lessons from a failed property investment attempt. The Appeal of Real Estate Investments Real estate investments in Nigeria attract local and international investors due to the potential for high returns and stable income streams. However,…
In today’s world of fluctuating interest rates and market uncertainty, many individuals are on the lookout for safe yet profitable ways to grow their savings. One such option is fixed deposit savings accounts, which can offer guaranteed returns over a set period of time. For South Africans looking to accelerate the growth of their savings, ultra high-interest fixed deposit accounts present a compelling choice. In this article, we will explore how these accounts work, the best options available, and how they can help you grow your savings faster. What Are Fixed Deposit Accounts? A fixed deposit (FD) savings account is…
As we step into 2025, the promise of substantial financial growth lies within the rapidly evolving technology landscape. Amid all the chatter and noise surrounding stock picks, the best approach is not to bet on random stock picks or hope for a stroke of luck. Instead, it’s about building a strategically balanced portfolio that capitalizes on long-term growth, driven by technological advancements in Artificial Intelligence (AI) and other sectors poised for disruption. Let’s take a deep dive into the critical stocks that are positioned to outperform in 2025 — those that will enable you to accumulate wealth over time through…
Quanloop is an innovative peer-to-peer (P2P) investment platform that has attracted attention due to its accessibility and the potential for high returns. With a starting investment as low as €1 and claims of earning up to 15.7% annually, it’s designed to cater to both new and seasoned investors. However, to make informed decisions, understanding how Quanloop functions and the risks involved is essential. This article provides a thorough overview of Quanloop’s operations, potential challenges, and user feedback. The Mechanics of Quanloop Quanloop stands out from traditional P2P platforms by pooling investments and distributing funds through short-term loans, renewed every 24…
Quanloop is an alternative peer-to-peer (P2P) investment platform that has gained attention for its low-entry barrier and promises of high returns. With a minimum investment of just €1 and annual returns reportedly reaching up to 15.7%, it appeals to both novice and experienced investors. However, as with any financial product promising high returns, the question arises: is Quanloop safe? This article delves into the platform’s features, potential risks, and user experiences to provide a comprehensive view of its safety and reliability. How Quanloop Works Quanloop operates uniquely compared to other P2P platforms. Instead of directly connecting investors with borrowers, Quanloop…