Financial Planning
How to squeeze investment capital from a tight budget
Every South African, regardless of their age, understands that the more money you have, the better your quality of life. Young income earners can create more wealth over the long-term than older people because as a young professional, you have time on your side....
10 Ways to Make Saving Money Fun
Splurging, splashing out, shopping sprees. Let’s face it: there are few things more enjoyable than spending money. On the other hand, saving money is a bit of a drag, right? Well, not necessarily. With the right mind-set and these 10 tricks up your sleeve, you can...
Medical insurance vs. a medical scheme
Many consumers have been quite confused about the differences between medical insurance and medical schemes. Active advertising campaigns by the medical insurance industry have also, at times, led to greater confusion. The world of medical cover is a complicated one,...
Buitelandse beleggings is ʼn verstandige deel van enige goed gediversifiseerde beleggingsplan
Buitelandse beleggings is ʼn verstandige deel van enige goed gediversifiseerde beleggingsplan, skryf Vimal Chagan, Afdelingsdirekteur vir Kleinhandelbeleggings by Liberty. Die beleggingsaanbeveling om buitelandse blootstelling by jou portefeulje in te sluit, was nog...
Passing on your heritage to future generations
Passing on your heritage to future generations doesn’t just stop at your family’s traditions. How and what you invest in is also important. Great financial planning skills are not the only thing you should be sharing with your children. Although helping your kids...
WHAT BIRTH REALLY COSTS IN SOUTH AFRICA
There’s planning for a baby, and then there’s planning for a baby. Both types may require charts, or even spreadsheets, but the latter requires a finer attention to detail. It’s the details that seem inconsequential in the grand scheme of having a baby that could help...
TOP 5 TIPS ON HOW TO MANAGE YOUR MONEY IN 2017
1. CREATE A BUDGET – AND STICK TO IT The first step you need to take is to draw up a budget, and then stick to it. Not only does this help you to work out how much disposable income you have available, it also helps you to track where and on what your money is spent....
Here’s how to make the most of your money and your life now and in the future.
You want to get there happily and safely, and you want to enjoy the journey. But there are obstacles along the way: potholes that can trip you up and scuttle your best-laid plans. Life is a highway that leads you to the ultimate destination. Your future. You want to...
Why you shouldn’t cash out when changing jobs
The decision to access retirement savings early to ease current financial strain has a huge impact on future finances, one that retirement members often fail to take into account or are simply not informed about. According to Andrew Davison, head of investment...
SA sees rise of the Slasher to beat money blues
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...
Why your long-term insurance is essential during a recession
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...
How to leave a legacy of wealth for your grandchildren
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...
