The document spells out who should get your assets after your death. A will is a legal document that sets forth your wishes regarding the distribution of your property and the care of any minor children. If you die without a will, those wishes may not be carried out. Further, your heirs may be forced […]
Pay off debt and don’t dip into your retirement savings! With several analysts projecting the economy to contract between 8% and 10% this year, which would result in massive job losses, consumers might be tempted to dip into their retirement savings to buoy their cashflows, but experts have warned that they should not. South Africa […]
“If you cannot control your emotions, you cannot control your money” – Warren Buffet Most investors know that emotion affects the way in which investment decisions are made – and that greed and fear play a large role in driving investment markets. The actions of many investors are based on feelings rather than facts. They may make […]
Top risk and insurance tips for the holidays As the excitement of heading off for some much needed R&R sets in, take some time out from the shopping, travel arrangements and last minute work wrap-ups – to secure your home, assets and loved ones before you head off for the holidays. Criminals never take a […]
Inform your insurer if your insured property is to be “Unoccupied”! The contract between you and your insurer is one made in “Good Faith”. Your insurer deserves to be alerted to any changes in the risk associated with the cover provided – and the insured client deserves to be covered for any damages if he/she […]
…but don’t cancel your life cover! Many South African households are feeling the pinch financially, and you may be tempted to cancel your life cover to free up some much-needed cash. But this could be a big mistake, with dire financial consequences for your loved ones. did you know that about 380 families loose a […]
What’s age got to do with insurance? A lot actually. How it affects your insurance tends to depend on the type of insurance we’re talking about. For instance, when it comes to life insurance, your age plays quite a big role in how much you’ll pay. It’s better to get cover as early as possible, […]
In South Africa , talking about money makes many people uncomfortable. It is not considered a suitable dinner table topic, or something one easily discusses with one’s children, friends or colleagues. Many companies even have a policy that employees may not discuss their salaries, as if these deserve to be regarded as intimate secrets. This […]
How do you overcome the barriers to investing? Not sure how to start investing your money? Thandi Ngwane from Allan Gray mentions five easy steps how you can start investing sooner rather than later – in their 7 part Investment series. Investing is not a complicated activity only for rich people. It’s a great way to create […]
– On The Ordinary South African There is a massive gap in the country’s finances, to put it bluntly. South Africa has an R48-billion hole in the fiscus that needs to be filled, and part of Finance Minister Malusi Gigaba’s solution in the previous 2018 Budget speech was to push up value-added tax (VAT) by […]
