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
Love is always in the air… for someone you know, if not yourself. No matter how strong the bond, weddings can quickly become the bane of many flourishing romances. If you’re planning your big day - and planning often kicks in now because of the amount of people who wed in December - you know how strongly money features in wedding prep. Don’t worry – with a few savvy tweaks, you’ll be able to smile all the way down the aisle.Continue reading
It seems fitting that May hosts both Workers’ Day and Mother's Day… because who works harder than Mom? A mother is always there when needed, always willing to see the best in you and is a constant source of comfort and wisdom. Continue reading
Throughout the year there are clusters of holidays and long weekends when family comes to the fore. These moments are often an opportunity to step out of the frenetic hamster wheel of life, we now have long weekends and, for some, religious holidays to spend with those nearest and dearest to us. Which got us thinking – how much does your inner circle feature in your finances? Continue reading