finding a trusted financial planner in South Africa is vital for securing your financial future.
With the interest rate rising, the costs of everyday goods increasing dramatically and the depressed state of the economy, you might be considering cancelling your insurance just to create some disposable income. Cancelling your insurance can have serious consequences, both financially and legally. Here are a few reasons why it’s not a good idea to cancel your insurance: In summary,…
Insurance is a critical aspect of financial planning that provides protection against financial loss in the event of unforeseen circumstances. In South Africa, there are various types of insurance available to individuals and businesses, including life insurance, car insurance, medical aid, and business insurance. Life insurance is a popular option in South Africa, as it provides financial security for loved…
The decisions regarding income at retirement can be a seriously frightening experience if you have not properly planned for it. Even if you are well planned though, a critical decision regarding how your income will be paid to you from your retirement savings may still present as a real conundrum. This, is the decision between a living annuity and a…
Reaching retirement age means that you’ve managed to survive the difficulties of working world and you have now earned the right to some well deserved rest and relaxation. The likelihood is that you’ve saved up enough in your retirement annuity(RA) or with the help of your employer’s pension or provident fund, and you can look forward to taking a long…
It’s time to start a company of your own! You’ve put in the hours for a large corporate and now you finally decided that enough is enough and it’s time to venture out on your own. You’ve developed your winning idea, used Linkedin to partner up with college friends, funded yourself through your sizable provident fund withdrawal and launched your…
“…everyone and their giddy aunt can be a stock trader…”
It’s pretty simple really – if you choose not to be insured, you give up any possible support if or when disaster strikes. This statement is an example of oversimplification. Many of us are guilty of using it as a tactic to convince ourselves that we don’t need do something which makes us uncomfortable. In reality though convincing yourself that…