A PENNY SAVED… If you’ve heard this saying used once too many, then you’re not alone! But the truth is, it’s right on the money. The best way to accrue wealth is to save and invest in a combination of short, medium and long-term options. As we mentioned in a previous article, diversification is a […]
Continue reading
ARE YOU PREPARED FOR THE STORM?
Bruce Cameron, finance writer for Personal Finance, recently published an article highlighting the concerning statistics that most South Africans, who are currently employed, may be seriously under-assured for death or disability cover. His opening paragraph reads as follows: “The vast majority of 13 million employed South Africans are ignoring the fact that, if they die […]
Continue reading
DON’T FALL INTO THE DEBT PIT IN THE NEW YEAR
UNNECESSARY LOANS IN JANUARY At the start of a brand new year many South Africans face a long wait for salaries at month-end and overspending during the festive season leads to borrowing to cover small shortfalls, which may quickly snowball into a bigger problem. “Many people think that borrowing money to help them get through […]
Continue reading
DO YOU NEED A FINANCIAL ADVISOR?
Iona Minton The profession of financial planning is relatively new, the average pensioner will tell you that in their youth financial planning was not even a recognisable term. During and after the Second World War the depression made it virtually impossible for most people to make ends meet, let alone have surplus money to invest. […]
Continue reading
THE COST OF CANCER
Every year countries throughout the world dedicate the month of October to raising awareness around Breast Cancer. Cancer has increased exponentially and is, in many cases, treatable – at a cost; making cancer a life, health and personal finance issue. There are very few families in South Africa that have not had one or more […]
Continue reading
COMMON FINANCIAL PLANNING MISTAKES | PART THREE
HINDSIGHT IS ALWAYS 20:20 If a person has perfect vision is both eyes, they are considered to have 20:20 vision. Whilst we can not always predict what will happen in the future, it’s always seems to easy to see the things that have happened with great clarity. Hence, when we look back, events seem so […]
Continue readingCOMMON FINANCIAL PLANNING MISTAKES | PART TWO
DON’T PUT ALL YOUR EGGS IN ONE BASKET Whilst you may not be investing in eggs, this centuries-old wisdom applies wholeheartedly to modern day investments. As part two of last week’s article, let me quickly remind you that whatever your goals, unless you win the lotto, you will not move passed average unless you fully […]
Continue readingCOMMON FINANCIAL PLANNING MISTAKES | PART ONE
LOOK BEFORE YOU LEAP. It’s a phrase spoken often to the young and exuberant, but one that we forget still applies as we get older… It is reasonable to assume that you desire financial success for yourself and your family and you may even have your sights set on becoming fabulously wealthy. Some of us […]
Continue readingFIVE FRESH TIPS TO SAVING
GET GIFTS THAT COUNT MUCH AND COST LITTLE Gifts can often become a grudge purchase – especially when they’re for a special occasion that happens in a really tight month. This month’s five fresh saving tips cover alternative ideas to gifts and clever ways to entertain yourself (and your family) for the day, get more […]
Continue reading
WILL POWER
MOST ARE WILLING TO PAY MORE FOR A MEAL THAN A WILL From our experience, it would appear that many are prepared to pay a couple of hundred bucks to eat out, yet squirm at the thought of paying an expert to draft their last Will and Testament, a vital document that speaks for them […]
Continue reading