Make a Plan

6 Money Saving Tips and Ideas

groceries household costs debt stress

Six simple tips to get more from your money

With the economy slowing and prices rising most South African households are having to tighten their belts. Here are 6 simple money saving tips and ideas to help you make the most of your hard-earned money.

1. Entertain at home.

Spending time with friends and family is a great way to relax. But not if it ends up costing you a lot of money. You don’t always have to go out somewhere. Have a casual braai or simple meal at home. And you don’t have to invite everyone at once. A few small gatherings of six or eight people will give you a chance to spend quality time with your friends.

2. Enjoy the outdoors.

We live in a beautiful country so take advantage of it by spending time at a local park, beach or nature spot. It’s not only healthy for you, it’s also free!

3. Look out for low-cost entertainment.

Museums and art galleries offer affordable ways to relax. Be sure to keep track of free exhibitions and public events in your community.

4. Have a money free weekend.

Once a month ask your family to think up ways of spending no money for one weekend. Bake your own bread, go to the library, enjoy the outdoors instead of going to a mall. There are many ways to get more out of a weekend other than spending more money. Over time, these frugal weekends could help you save up for a family holiday.

5. Make your own lunch.

Buying sandwiches, cool drinks and coffee can quickly add up to a big total expense every month. Even if you’re only spending R25 a day on lunch and snacks, this works out to R500 a month or R6 000 a year. Just think what else you could do with this money.

6. Start a lift club.

Whether it’s getting to work or dropping the kids off at school, sharing the burden of petrol can save you money. Ask your friends or colleagues if they’d like to start a lift club. You will all benefit in the end.


Pulse is a FREE financial wellness tool that allows you to check and improve your credit rating.

Find Out More
Personal Loan

A Personal Loan is a convenient way to take care of your personal and family needs and goals.

Find Out More
Consolidation Loan

Consolidating can be an effective way to manage your finances and increase your cash flow.

Find Out More

of customers use loans for consolidation


of customers use loans for renovations


of customers use loans for education

Our Sponsorships

Read more about our sponsorship with Cape Town City FC.

Read More
Job Opportunities

Thinking of working for DirectAxis? Why not explore what it means to work at DirectAxis.

Read More
Customer Care

We pride ourselves on delivering the best possible customer service. Get in touch today.

Read More
Social Initiatives

Find out more about the corporate social initiatives we're undertaking to deliver positive change.

Read More

DirectAxis is a business unit of FirstRand Bank Limited, an Authorised Financial Services and Registered Credit Provider, NCRCP20. Direct Axis SA (Pty) Ltd, Reg no. 1995/006077/07, an authorised Financial Services Provider, FSP7249 & FSP5. 108 De Waal Road, Diep River 7800.

Legal Documents - Sitemap

Loan repayment terms range from 24 to 72 months. The maximum interest rate with regards to a DirectAxis Personal Loan is 24.75% per annum (compounded monthly). Your rate and initiation fee will be determined according to your personal risk profile.

An illustrative example of a loan at an interest rate of 24.75% per annum would be: Loan amount R50 000 plus a once-off initiation fee of R1 207.50 and a monthly admin fee of R69.00, over 72 months.

The total cost of the loan will be R 103 718.91 which is a maximum Annual Percentage Rate (APR) of 28.01%.