Understand your money. Choose with confidence.
Straightforward explanations for financial decisions in Mauritius.
No jargon. No product pushing.
How do I start saving on payday?
Set aside an affordable amount when you get paid, before optional spending uses it up.
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Finance fundamentals
What is finance?
Finance is how we manage money over time: meeting today’s needs, preparing for tomorrow and choosing which risks we can afford. Start with the money in your own household.
Read more: What is finance?How do banks work?
A bank connects payments, deposits and credit. Understanding those roles makes it easier to see what happens to your account balance, why borrowing costs money and why banks need rules.
Read more: How do banks work?How does interest work?
Interest is money earned for lending or saving, or paid for borrowing. The amount depends on the balance, the rate and time—and on how the calculation is made.
Read more: How does interest work?Everyday money
How do I start saving on payday?
Set aside an affordable amount when you get paid, before optional spending uses it up.
Read more: How do I start saving on payday?A budget you can actually use.
Give the money coming in a plan before it goes out. A useful budget covers today’s needs, prepares for upcoming bills and shows what is genuinely available for a purchase or extra debt repayments.
Read more: A budget you can actually use.Whose life are you paying for? Rethinking the financial life script in Mauritius
Rethink the financial life script in Mauritius: weigh the cost of cars, weddings and a home against the life you want to build.
Read more: Whose life are you paying for? Rethinking the financial life script in MauritiusTools
Tools to start your budget
Track income and spending for 2–3 months before setting a realistic budget.
Read more: Tools to start your budgetBorrowing
How much can I comfortably afford to borrow?
Add the new payment to existing debts, then subtract living costs. A bank’s approval does not mean it will be comfortable.
Read more: How much can I comfortably afford to borrow?What does my credit record show?
Mauritius’s MCIB records reported credit facilities and repayments. Check your credit report and raise errors.
Read more: What does my credit record show?What does the Bank of Mauritius do?
The Bank of Mauritius regulates banks. Your lender decides whether to approve your loan and on what terms.
Read more: What does the Bank of Mauritius do?Cards
How can I use a credit card responsibly?
Paying only the minimum can keep you in debt for years. Aim to repay the full statement balance on time.
Read more: How can I use a credit card responsibly?Home
What costs should I plan for when buying a home?
Allow for the deposit, purchase fees, insurance, maintenance and repairs—not just the monthly repayment.
Read more: What costs should I plan for when buying a home?Investing
What should I know before investing?
Returns are not guaranteed. Check risks, fees and access to your money before committing.
Read more: What should I know before investing?