Welcome to the Money Magnet Blog

As the year winds down in South Africa, the festive buzz gives way to a quieter, more introspective time. Summer holidays linger, braais with loved ones wrap up, and suddenly, it's time to face the numbers: what went well financially, what didn't, and how to set the...

The festive season in South Africa is a magical time filled with family gatherings, outings with friends, and that special summer sunshine. But let’s be honest – it’s also a financial rollercoaster. Between Black Friday sales and Christmas celebrations, many South...

Pension Fund vs. Investing Directly in the Nasdaq A South African Showdown In the left corner, armed with tax breaks, creditor protection, and steady discipline: Nosipho the Pension Princess. In the right corner, chasing sky-high tech growth and instant liquidity:...

Picture yourself standing before a colourful canvas in your sunny atelier. Every decision you’ve made –  every compromise, celebration, every silent victory or loud failure – has created the story of your life. Estate planning is the step back from that canvas, making...

Picture yourself standing on Muizenberg Beach. The early sun warms your back, your surfboard is under your arm, and the waves rise in the distance – unpredictable, powerful, and full of possibility. That moment of anticipation? It’s exactly what the stock market feels...

Let’s get one thing straight, Money Magnets: Investing isn’t just for Wall Street men in tailored suits. It's for you, your mom, your bestie, and every woman who dreams of financial independence. While society might have made us feel like we don’t belong at the...

For the longest of time, investing has been portrayed as something highly complicated, with lots of quickly changing numbers running down a screen and men in suits making split-second decisions based on those numbers. But, Money Magnets, let us tell you: That is only...

Saving money can feel like trying to climb a steep mountain – overwhelming, straining, and sometimes you’re not sure which path to take. But what if we told you: Building a solid savings habit doesn’t have to be complicated or stressful. With a few timeless...

Let’s be real – talking about money with family can sometimes feel like trying to teach a cat to swim. Awkward, messy, and occasionally, someone gets scratched. But here’s the thing: Money conversations don’t have to be stressful. In fact, when done right, they can...

Picture this: It’s the end of 2025, and you're reflecting on the year with pride because you've taken charge of your finances. No more second-guessing, no more feeling overwhelmed - just financial confidence, clarity, and a growing bank balance. But I can see the...

Have you ever wondered how much money you actually have? Not just what’s in your bank account, but everything - your portfolio, insurances, physical assets, but also all your debt on various cards. That number is called your net worth and it is probably the most...

Money Magnets, have you ever wondered why money comes so easily to some, while it’s a constant struggle for others? Then let’s dive into the fascinating world of the psychology of money - the invisible force shaping our financial decisions, goals, and ultimately, our...

As December rolls in, the festive season brings joy, warmth, and togetherness. It’s a time for celebrating with loved ones and creating lasting memories. Yet, with work demands often taking center stage, it’s easy to overlook these precious moments. This season, it’s...

The festive season is filled with joy, warmth, and togetherness. Whether it’s finding the perfect gift for a loved one or treating ourselves to something special, there’s something about this season that makes us want to go all out. After all, it’s about creating...

Discover the benefits and downsides of active and passive funds by going on a wild safari through South Africa’s financial landscape.

Navigating the world of finance can sometimes feel like crossing a vast ocean - exciting yet challenging. But don't worry! Whether you're just starting your financial journey or looking to level up, knowing who to trust is the key. Let's set sails on this journey of...

We highlight the 5 most important steps on your journey to becoming financially independent as a woman.

We are delighted to announce that Money Magnet has had its very first media feature in Bona Magazine. “BONA Magazine is South Africa’s monthly consumer magazine servicing the nation with the latest in women’s interests and general lifestyle. Bona magazine, established...

In honour of Women’s Month, this article discusses the amazing journeys of four of South Africa’s most successful female entrepreneurs.

Most people have the desire to make the world a better place. But many of us also feel like we lack the time and resources to actually make a difference.  So why not support those who do, Money Magnets? Charities and NGOs play a vital role in addressing various...

Make a positive impact on the world is one of the many benefits of donating of charity. By contributing to causes you care about, you not only help those in need but also promote a culture of generosity and compassion. Read our article for more benefits.

Are you a budding entrepreneur ready to carve your niche in the dynamic landscape of South African business? Well, buckle up because we're about to dive head-first into the exciting world of marketing. In this guide, we'll unwrap some key strategies and insights on...

Are you ready to transform your brilliant idea into a thriving business, Money Magnets? Then get ready for an engaging guide filled with actionable steps and inspiring examples of how to start a business, tailored specifically for South African women who are ready to...

Are you prepared to unlock the doors to financial independence and embark on an exhilarating journey towards entrepreneurial success? Salary negotiations are one way to get more money, but how about a little side hustle? Get ready to immerse yourself in a treasure...

In this article, we will explore practical measures to navigate salary negotiations confidently and secure the compensation you’re worth – step by step.

By redefining success on your own terms and embracing a mindset of prosperity, purpose, and gratitude, you unlock the keys to true fulfilment and abundance.

Your beliefs shape your reality so embark on a transformative journey towards cultivating a positive money mindset empowering you to conquer challenges and seize opportunities.

In investments, only taking risks is rewarded financially. Here is what you need to know about when to take risks and how to avoid sleepless nights full of worry.

Even though seen as such, women are far from risk-averse when it comes to investments. They simply have all the essential qualities needed to excel in investing, and being risk-loving isn’t one of them.

Securing Your Money Legacy: A Practical Guide to Estate Planning in South AfricaEstate planning in South Africa is like orchestrating a grand event.  It demands careful thought and a touch of glamour to make it authentically yours.  Let's talk about the world of...

Understanding Estate Planning and Will Creation: How to Write a Will in South Africa Estate planning is like choreographing a dance for your legacy, making sure your wishes hit all the right notes long after you've taken your final bow. At the heart of this grand...

You too have the ability to achieve your financial goals this year! It’s the month of January, and therefore time for a fresh start. The key to a prosperous journey lies in setting meaningful financial goals right at the start of the new year. Read on for our tips for...

Congratulations, resilient Money Magnets! As we bid farewell to JanuWorry stress, let's explore strategies to ensure not just survival but triumph in the face of financial challenges. Get ready to set the tone for a financially savvy 2024.Embracing JanuWorry...

We dive headfirst into the exhilarating world of how to handle finances in a marriage. Read about our second post in dealing with marriage and finances.

Read about our top tips on talking about finances in a marriage or partnership especially within South Africa today.

Ready to continue our journey into the exciting world of investing with ETFs? Get your rockets ready, it’s time for lift off into the Investment Cosmos!

Are you ready to dive into the exciting world of investing? We are talking about Investing in ETFs for Beginners living in South Africa.

We know that budgeting can sound boring and restrictive, but trust us, it's not. Budgeting is actually a powerful tool to help you take control of your money and achieve your financial goals. Whether you want to save for a holiday, pay off debt, start a business or...

We have found some unique money saving tips in South Africa for you that are easy to implement. We know you are all busy women who want to make the most of your hard-earned money, so here are ways you can make your South African salary work better for you. Tip #1:...

We shed some light on how to utilise the advantages of bank loans to create credit in their favour.

We provide you with some of our own expert advice through these 5 debt management tips for South African women. We understand that dealing with debt can sometimes feel like battling a fire-breathing dragon. But fear not!

There are numerous financial literacy books and audio out there. To help you decide, we bring you our top 7 recommendations on personal finance books for beginners. Books are amazing sources of knowledge, inspiration and entertainment.