For the first time in South Africa, financial advice is set to become a billable service. Known as the Retail Distribution Review (RDR), the first phase will be implemented later this year (2016), introducing some significant changes for both consumers and financial advisors alike.As with all change, some sound preparation and a positive outlook will […]
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Surviving the weak Rand
South Africa’s weakened Rand is bound to have a negative rippling effect on our economy. The cost of food, electricity, water and imported goods are all set to rise. Now is as best a time as any to take secure control of your finances.Budget According to the National Credit Regulator (NCR), as at June 2015 […]
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Three Trends set to Shape Professional Industries
I found a great article talking about some of the major themes that are predicted to influence professional industries this year. A big part of running a successful business is staying up-to-date with current trends that are affecting the marketplace.Here are three trends that are set to be prevalent this year:Trust as the key competitive […]
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Retirement tax reform
Also known as The Commutation of Benefits, there are some big changes coming for retirement and provident fund holders. Essentially, these all relate to how the money is drawn (commuted) or re-invested.After being delayed by a year, the Taxation Laws Amendment Act is being put into place on 1 March 2016 (‘T-day’). The legislation changes […]
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Are you an employer?
Many of my clients run their own businesses, employing staff and looking for ways to grow their business. In this busy way of life, it’s easy to overlook or lose track of changes in the legislative systems that affect employers.Here are some important legislative changes will be affecting all employers and retirement fund members from […]
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Thistle save you a buck
With Valentine’s Day around the corner I thought I would write a piece about the proper procurement of flowers. What to look for and how to get the best bouquet for your buck.Starting with the obvious, if you are buying flowers for someone special then it’s best to know either their favourite kind of flowers […]
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Another 5 Financial Reflections for 2016
Looking forward to another year of financial success means embracing monetary mistakes of the past. More importantly, you need to be honest with yourself about where you currently are and where you want to be.Here are another 5 Financial Reflections from 2015, for 2016:Don’t let yourself be pressured into buying designer goods Branding is such […]
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5 Financial Reflections for 2016
It’s that familiar time of year when you envision a “new you” and foster a compelling motivation for self-improvement. However, the year always seems to form into an uphill race and once you return to the daily grind it becomes easier to allow yourself to slip-up in your devotions.Reflecting on areas where you have encountered […]
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Back to school budgeting
During this time of the year most of our budgets are understandably depleted, with schools going back in two weeks, we should be mindful of back-to-school expenses that are around the corner.This also affords a great opportunity to chat with your kids about the costs associated with their schooling needs. Involving your children not only […]
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MORE Fun things to do for around R50 (or less!)
With so much on offer in these beautiful cities I couldn’t resist adding some more fun and financially-friendly activities before everyone goes back to reality (also known as work). So here are some MORE fun things to do for R50 (or less!) in Cape Town, Johannesburg and Durban:CAPE TOWNWalk or Climb to the top of […]
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