Zonotho

Zonotho is a social platform that connects people and financial experts. Zonotho is democratising access to high-quality personal finance information

[Zonotho @zonotho]

A pleasure and an absolute privilege to be partnering with @SAMIP_MDIF 🔥 🔥 🔥

[Amplify South Africa @SAMIP_MDIF]

SAMIP Monthly Update | July was a good month for:

✅ Podcasts and audio
✅ Crowdfunding
✅ Adding two new members of the family - hello @explainZA & @zonotho

Read more: https://t.co/Aj33WsSRgD

#MediaInnovation

[Amplify South Africa @SAMIP_MDIF]

SAMIP Monthly Update | July was a good month for:

✅ Podcasts and audio
✅ Crowdfunding
✅ Adding two new members of the family - hello @explainZA & @zonotho

Read more: https://t.co/Aj33WsSRgD

#MediaInnovation

[Zonotho @zonotho]

Just posted a photo https://t.co/herO4a30W0

[Zonotho @zonotho]

You live, you learn 🙏🏿 https://t.co/A5ZzOMnlnd

[Zonotho @zonotho]

Z Tips #64

Transfer duty must be paid over to SARS within 6 months of you buying the property. If it is not paid within 6 months it will incur a penalty of 10% per year on the amount of the unpaid duty.

See https://t.co/1S5C9C6V37

[Zonotho @zonotho]

Tips #63

Financial term of the day: Transfer duty - It is a tax that you would pay when buying a property. The transfer duty is payable by the person buying the property and not the person selling the property.
See Transfer Duty : https://t.co/1S5C9BPkbz

[Zonotho @zonotho]

Z Tips #62

Considering buying property in a complex? TIP: Before you buy, find out if there are any special levies that are about to be introduced to avoid surprises.

See Buying a home – things not to forget: https://t.co/GsdO4Rzfib

[Zonotho @zonotho]

Z Tips #60

The following factors will usually have an impact on how much a person pays for car insurance.

1. The type of car.
2. Where the car is parked at night.
3. The age and driving experience of the driver.

For the correct answer visit https://t.co/xAs0x9bUwK

[Zonotho @zonotho]

Z Tips #59
Did you know that medical schemes are, by law, non-profit making entities? Unlike companies, they do not have shareholders. You may be wondering why some medical schemes appear to be listed on the JSE. See https://t.co/15s8w25mIt for more details.

[Zonotho @zonotho]

Z tips #58

The Dangers of Bitcoin – Things to watch out for: Beware of “Digital thieves” a.k.a hackers – Bitcoin exchanges have been notorious for being hacked. There is no guarantee that your Bitcoins will be safe from internet hackers. A wallet is the better alternative

[Zonotho @zonotho]

Z tips #57
Great Investment huh?
Are they open with their investment strategy? – If the managers of the fund hide around how complex a strategy is, then it most probably is a scam. If it is said to be complex then run.
https://t.co/e6PoswKQ7i

[Zonotho @zonotho]

Z tips #56

Following factors are used by credit bureau’s when calculating your credit score?
Amounts owed
Payment History
Age of Accounts
Court cases against you
More: https://t.co/RD1td0PV27

[Zonotho @zonotho]

Z Tips #55

Tip to improve or maintain a good credit score:

Do not make many applications for credit in a short space of time. If shopping around for the cheapest loan, do it within a condensed period of time. https://t.co/RD1td0PV27

[Zonotho @zonotho]

Pension funds are aimed at providing you with regular income when you retire. So you must turn at least two thirds of your fund into regular income by purchasing an annuity (pension). Provident funds allow you to withdraw your entire fund at retirement.
https://t.co/VQVwB9Ksj0

[Zonotho @zonotho]

Z Tips #53

Financial term of the day: Repo Rate (RR). The Repo Rate is the lending rate charged by the reserve bank to the commercial banks. https://t.co/2U6yAziz7E

[Zonotho @zonotho]

Z Tips #52

Will my income protection policy start paying as soon as I claim? Most policies will only start paying out a few months after you are disabled. This period is called a waiting period. https://t.co/JqtlF4grGn

[Zonotho @zonotho]

Z Tips #51

Are benefits from income protection policies taxed? You will not pay any tax on the benefits as the premiums that you pay are from after tax income. https://t.co/JqtlF4grGn

[Zonotho @zonotho]

Z Tips # 50
Self payment Gap
This is the amount you have to pay for your own healthcare before the scheme takes over. This occurs when you run out of your medical savings account (MSA). Not all medical aid plans will have a Self Payment Gap (SPG).

https://t.co/ETjwlZOr8j

[Zonotho @zonotho]

Z Tips #48

Financial term of the day: Excess - the amount of money you need to first pay from your pocket, before your insurer takes over the payment.

More: https://t.co/xAs0x9bUwK

[Zonotho @zonotho]

Z Tips #46

Tips to help you identify a Ponzi scheme: 5. Do they keep requesting you to add new people in order to get paid? – Keep your wits about you.

More: https://t.co/e6PoswKQ7i