Managing your personal finances apart from your business can result in financial stability for both. In this article, Standard Bank’s Ravi Govender takes us through mistakes to avoid when managing business and personal finances.
Before investing it is important to understand how the costs are calculated and charged. The more transparent the costs are, and easy to understand, the more likely the better possible outcome for you. If, however, the costs are complicated or not easy to identify, be very wary as this is a clear sign that you might be in for an unpleasant surprise later on.