Credit Score and Age: How Your Credit Evolves Over Time
Your credit score isn’t static; it evolves as you progress through different stages of life. Understanding how age and various life events impact your credit score can help you make more informed financial decisions. Here’s how your credit score may change over time and what you can do to maintain or improve it. Early Adulthood […]
How to Rebuild Your Credit Score After a Financial Setback
Financial setbacks can happen to anyone, whether due to unexpected medical expenses, job loss, or other unforeseen circumstances. The good news is that rebuilding your credit score is possible with patience, persistence, and a strategic approach. Here’s how you can bounce back and improve your credit score after a financial setback. Assess Your Current Financial […]
The Cost of a Bad Credit Score: Understanding the Impact
A bad credit score can significantly hinder your financial opportunities and cost you more in the long run. While it might seem like just a number, your credit score affects various aspects of your financial life. Here, we break down the costs and provide scenarios to illustrate how a low credit score can impact you. […]
Building Your Safety Net: How to Create an Emergency Fund and How Much It Should Be
An emergency fund is a financial safety net designed to cover unexpected expenses, such as medical emergencies, car repairs, or sudden job loss. It provides peace of mind and financial security during tough times. Here’s how you can create an emergency fund and determine the right amount to save. Determine Your Monthly Expenses The first […]
Why You Need a PDF Copy of Your Credit Report: Be Prepared for Anything
In today’s fast-paced world, having a digital copy of your credit report at your fingertips can make life a whole lot easier. Splendi makes it incredibly convenient to obtain a PDF version of your credit report, and here are some scenarios where having that handy PDF could save the day. Discover why thousands of Splendi […]
Free Yourself from Debt: Effective Strategies to Pay Off Debt
Debt can be overwhelming and stressful, but with the right strategies, you can take control of your finances and work towards a debt-free future. Splendi is here to guide you through some effective ways to pay off debt and achieve financial freedom. Create a Budget The first step in paying off debt is to create […]
Securing Your Future: How Much Should You Save Each Month for Emergencies and Future Goals?
Saving money is essential for financial security and peace of mind. But how much should you be saving each month to cover unexpected expenses and achieve your future goals? Splendi breaks it down for you with practical advice and scenarios that resonate with South Africans. Emergency Fund An emergency fund is your financial safety net. […]
Boost Your Savings: Try These 5 Tips for Financial Success
Building a solid savings foundation is a crucial step towards achieving financial stability and independence. Whether you’re saving for a big purchase, an emergency fund, or future financial goals, having a robust savings strategy is essential. Here are five practical tips from Splendi to help you work on building your savings this year. Set Clear […]
Ditch the Debt, Ditch the Dust Bunnies: Setting Actionable Financial Goals for 2025
The new year is often a time for reflection and setting new goals. While many of us may be tempted to dust off last year’s resolutions and stick them back on the fridge, let’s approach 2025 with a fresh perspective. This year, let’s ditch the generic goals and set actionable financial plans that stick. Forget […]
Navigating Januworry: A guide to financial wellness
As the festive season fades into the rearview mirror, many people find themselves facing the harsh reality of January – a month often referred to as “Januworry.” Characterized by depleted bank accounts, looming credit card bills, and tightened budgets, Januworry can be a challenging time for individuals striving to maintain financial health. However, with careful […]