Zonotho

Bitcoin Beginner Series – Part 1: What is Bitcoin?

Note: This article was originally published on Zonotho, a financial education start-up, in March 2021Original post here In this series we’ll build up an understanding of Bitcoin, starting with the absolute basics. In Part 1 we’ll answer the questions: “What is Bitcoin?” and “Where did it come from?” What is Bitcoin and what makes it …

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Checklist before buying an Apartment in South Africa

Note: This article was originally published on Zonotho, a financial education start-up, in August 2020 Author’s Note: This article is written considering purchasing an apartment in a complex (i.e. sectional title) in South Africa. Many of these items also apply to a house, but some do not. You’ve found your dream apartment, the price seems …

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Buying a House – A Breakdown of the Costs

Note: This article was originally published on Zonotho, a financial education start-up, in August 2020 Author’s Note: This article is written considering taxes and regulations in South Africa. For many people, buying a property is an emotional decision. They look at the living room and imagine laughing with their friends and they look outside and …

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What are “negative” interest rates?

The other day my mum asked me to explain negative interest rates. I realized I had no easy way to do this. It’s such a wacky concept: why would interests ever be negative? Under normal conditions, they wouldn’t. Which is why it’s easier to start with understanding positive interest rates.

Investing in the Stock Market – The Basics

There are many reasons why people invest in the stock market. Some want to make millions overnight (unlikely!). Whilst others may want to invest in businesses that will grow over time. If you have any kind of retirement savings or pension you probably own stocks already. In this article, we’ll go through the absolute basics of what you need to know to get started.

How to secure bitcoin in your own wallet

Bitcoin is designed so that any user can safely secure their funds, without the need for a bank, exchange, or third party. In the previous article we discussed why keeping your Bitcoin on an exchange is a bad idea. In this article we’ll look at how you can fix that by setting up your own digital wallet.

Why you shouldn’t keep your Bitcoin on an exchange

One of Bitcoin’s biggest advantages over traditional finance is that you can safely store your Bitcoin in a digital Wallet, without the need for a bank. However, many new users choose to store their Bitcoin on exchanges, without being aware of the risks. In this article, we’ll unpack what those risks are. And in the next article, we’ll look at how you can keep your Bitcoin safe by setting up your own digital Wallet.

How to prepare for financial emergencies

We’ve all had that bad month. When you’re counting the hours to payday and living off the meal plan of a large squirrel and then BANG! Your car breaks down. Or a family member gets sick. Or your microwave explodes. Or all three. It’s at times like these that South Africans sigh and say: “put it on my credit card”.