Resource base

[lorawilliams]

Edit: Please message me if you'd be open to moderating this sub

Welcome. I'd like to start this sub off with a list of my own favourite resources for money management. Please comment with your own below, and I will compile a master list as time goes on.

Facebook groups to join (highly recommended for Q&A):

League of Fucking Grownups

The Fat Wallet Community

Mustachians South Africa

Blogs and podcasts:

Just One Lap

https://justonelap.com/

Their Fat Wallet Show podcast is a personal favourite!

Join the Fat Wallet Community on Facebook for further Q&A

Maya on Money

https://mayaonmoney.co.za/

Stealthy Wealth

https://www.stealthywealth.co.za/

Take Charge of your Money

https://takechargeofyourmoney.blog/

The Investor Challenge

https://investorchallenge.co.za/blog/

ETF Enthusiast

https://www.etfenthusiast.co.za/

The Disruptors

http://www.thedisruptors.co.za/

Mr Money Mustache (American)

www.mrmoneymustache.com

Afford Anything (American)

https://affordanything.com/blog/

The Money Show with Bruce Whitfield [courtesy of @dbbell]

http://www.702.co.za/shows/9/the-money-show-with-bruce-whitfield.

Other non-South African blogs to check out...

https://directory.rockstarfinance.com/best-money-blogs

The Vital Few

http://thevitalfew.net/podcast/

Specifically the finance-oriented episodes: Personal Finance 101; Submitting Your Tax Returns; Introduction to Investments

Save Tax Free in South Africa

https://savetaxfree.co.za/

Apps to make your life easier:

22Seven: Free budgeting app made by Old Mutual that links straight to your bank account. Keep track of all your accounts and investments.

You Need A Budget: similar to above, but not specifically South African

EasyEquities: Free investing app made by The Purple Group that lets you buy shares and ETFs directly. You can even use it for your Retirement Annuity and Tax-Free Savings Account, or invest in US$ in international companies.

Degiro: International trading with low fees

Follow and read the above blogs with Feedly or listen to the podcasts with Google Podcasts

Books:

Manage Your Money Like a F\cking Grown Up* by Sam Beckbessinger - South African

https://www.likeafuckinggrownup.com/book

You can also join Sam's League of F\cking Grownups* group on Facebook for further discussions.

Your Money Or Your Life by Vicki Robin - American

https://yourmoneyoryourlife.com/book/

How To Make Your First Million and Become Your Own Financial Advisor by Warren Ingram - South African [courtesy of @dbbell]

FI/RE:

Early retirement calculator: https://networthify.com/calculator/earlyretirement

Emigrating? Calculate your cost of living:

https://www.numbeo.com/

 

[dbbell]

@lorawilliams My only real source of info till now has been the money show on 702:

http://www.702.co.za/shows/9/the-money-show-with-bruce-whitfield.

Especially the segments with Pavlo Phitidis and Warren Ingram.

Good book:
How to make your first million
by Warren Ingram.

Thanks @lorawilliams for making this sub! I hope it grows ad nauseam.

 

[lonelymama]

@lorawilliams Glad to see we have a personal finance section for SA Redditors.

Hopefully we will have a few contributors who can also assist us with any Tax queries.

The FNB Global Account is a good option for investing in USD without a plane ticket. Though the returns are small, the money you make when the dollar is stronger speaks for itself. You can also use it to collect money from overseas. If it's under a million, you should have no problem. If anyone knows of any similar products, please advise.

 

[lorawilliams]

@lonelymama Through EasyEquities you can invest in USD with reasonably low fees, but with the exchange rate as it is... On the other hand, through the same platform I've had success buying the ETFs Sygnia MSCI US and Satrix MSCI World.

 

[lorawilliams]

Comparison of a few sweet bank/savings/investment/retirement accounts by Manage your Money author Sam Beckbessinger

https://www.likeafuckinggrownup.com/investing/good-funds.html

Find the best account for your needs:

https://mytreasury.co.za/