by Ultrafin Financial Services | 19 Jul 2017 | Blog, Financial Planning
South Africans are trying to beat the economic slump by becoming Slashers, individuals with more than one consistent stream of income, the Old Mutual Savings and Investment Monitor for 2017 revealed. Lynette Nicholson, research manager at Old Mutual, spoke to Fin24...
by Ultrafin Financial Services | 26 Jun 2017 | Blog, Financial Planning
South Africa has experienced two consecutive quarters of negative economic growth. Gross domestic product (GDP) fell 0.7% in the first quarter of this year and pulled back 0.3% in the final quarter of 2016. The dampened growth is as a result of slower economic...
by Ultrafin Financial Services | 1 Jun 2017 | Blog, Financial Planning
As longevity increases, many retirees can expect to live past the age of 90, which raises interesting issues around heirs and inheritance. With children likely to be at least 60 years old before their parents pass away, would a transfer of inter generational wealth...
by Ultrafin Financial Services | 22 May 2017 | Blog, Financial Planning
Old Mutual’s latest Long-term Perspective report for 2017 highlights how inflation will impact the cost of buying a car, getting healthcare and sending a child to school over the next 10 and 25 years. The report described inflation as ‘South African enemy number one’,...
by Ultrafin Financial Services | 5 Apr 2017 | Blog, Financial Planning
So what age is the right age to start saving money for your future? The practical answer is any age when you start to work and earn money for yourself, whether it’s being paid for chores at age 5 or entering the workforce after law school at age 25. Saving money is a...
by Ultrafin Financial Services | 22 Mar 2017 | Blog, Financial Planning
We all know that saving is important, but so few of us really take the time to do it. Here are a few tips to help you make saving a priority today. If you’ve heard it once, you’ve probably heard it a hundred times. You need to save. You need to save. You need to save....