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    bank better, live better

    learn from your bank statement

    Spend some time looking over your bank statement for any bank better, live better areas to improve.
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    Your bank statement can tell you a lot about your banking behaviour and how you manage your money. Here’s what you can learn from yours.

    You’re spending more than you earn

    Do you withdraw from your credit facility quite regularly? Are you living in overdraft? If you are, you have a budget shortfall.

    What is a budget shortfall? Put simply, you have a budget shortfall when your expenses are more than your income.

    Tip: Do more with your money.  Manage your budget shortfall in 12 steps.

    You need to break some bad money habits

    Your bank statement also shows you what you’re spending your money on. Are you eating out and going to the movies too often? Spending too much on iTunes? Cutting your unnecessary expenses can add up to big savings over time.

    Tip: Bank on the go. Get our cellphone app and use the budget tool to plan how you’ll spend your money. 

    You’re not paying the best bank fees

    Are you paying the best bank fees on ATM withdrawals, balance enquiries, cash deposits and debit card purchases? You may not pay much attention to your fees, but over a lifetime the costs could add up to an overseas holiday for you and family.

    Tip: Know what you get, know what you pay. Make sure you pay the best bank fees.

    You’re using more expensive ways to bank

    Using cash is more expensive. Instead of drawing cash to pay for things, use your Global One cardcellphone app or the Internet. The costs are much lower than using cash and you save time.

    You’re not saving enough or getting the best interest

    Prevent irregular and unforeseen expenses from ruining you financially. If you don’t have enough savings to protect you, you may end up taking credit you can’t afford to get you out of trouble.

    If you are saving regularly but your money isn't growing as much as you thought,  switch your account in 3 easy steps and benefit from our competitive interest rates.

    Tip: Reach your savings goal. Open an account today and earn from 4.75% from the first R1. Use it to build your emergency fund. Remember to plan for irregular expenses too.

    Keep track of debit orders

    Knowing which debit orders go off from your account helps you keep track of your money. It also helps you pick up any possible fraudulent activity on your account such as unauthorised debit orders.

    Tip: Stay informed and keep your credit profile safe. Sign up for transaction notifications on the go.

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    Do You Have Lazy Money?

    do you have lazy money?

    While most people work hard for their money, their money isn’t working for them. Right now, there’s R295 billion in lazy money in South Africa. Money that’s simply sitting in transactional accounts earning no interest. If that money earned just 4.75% interest, it would put an extra R14.8 billion into the pockets of South Africans each year.

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    What You Should Know About Going Cashless

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    Going for a day or even a week without spending cash could seem a little daunting at first. However, once you see how easy it is to pay people or accounts on our app, or use your Capitec card to pay when you shop, you’ll never go back to long ATM queues again!

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