Are you the type of person who puts in a little petrol here, a little petrol there, or enough to last you the week based on calculations you’ve done of what you need, or are you someone who fills your tank up every time you visit the garage?Continue reading
There are always bills to pay and money needed for something or another, and few things seem as boring and unnecessary than an emergency fund. While you can enjoy the rewards of spending on, say, a good winter coat, or can see the benefits of saving for something like university for the kids, emergency funds are, by nature, never seen.Continue reading
‘Tax season’ elicits in most people the kind of shudder you’d imagine ‘open season’ to elicit in hunted animals. We all hate doing our taxes and, because of this, we often postpone the inevitable, sometimes with horrible consequences like penalties and waiting hours at SARS.Continue reading
Last month we talked about interest rate risk – the risk of your investment devaluing and you losing money due to changes in interest rate. In a sense, this is about an investment’s possibility of flailing due to macroeconomic conditions. This month, we’re going to look at credit risk. Continue reading
It’s a cold world out there this June. As the thermometer temperature drops, the price of fuel and cost of living keep rising… but it’s not all doom and gloom.Continue reading
Education around the basics of wealth creation and preservation is like a good, solid diet packed with healthy food staples, it can help you enjoy healthy finances for years and create a strong foundation for building your future.Continue reading
It’s Father’s Day time, and we would like to honour the men, and the women too, who have been parents to us. Our dads. … And by ‘Dad’ we don’t necessarily mean our fathers. Ever seen the Omo Father’s Day advert that went viral on YouTube? It showed a little boy reading a Father’s Day card, with all the important things dads do listed in it like providing financially and teaching right from wrong, to his grandmother. She was his ‘Dad’.Continue reading
One of the most important reasons to save throughout our working life remains retirement. It’s shocking how few people afford themselves the ability to live with dignity and independence, without sacrificing a huge drop in standard of living.Continue reading
With tough economic times all around, a lot of us are trying to cut unnecessary expenses. Be that as it may, we still need to eat and feed our families. Yet who has the time to play chef and work a fulltime job? And who wants to eat mediocre meals just because the economy is in a slump?Continue reading
For those who tell you not to worry so much and just invest in anything, no need to do much research, you need only say one word: Steinhoff. Steinhoff has been called the largest corporate scandal in SA history, but what many people don’t know is it’s fall was also the largest failure ever on the JSE. The collapse promoted months of headlines, in which South Africans read, shaken, about the demise of the brand which had been every investor’s darling.Continue reading