A PENNY SAVED… If you’ve heard this saying used once too many, then you’re not alone! But the truth is, it’s right on the money. The best way to accrue wealth is to save and invest in a combination of short, medium and long-term options. As we mentioned in a previous article, diversification is...
Bruce Cameron, finance writer for Personal Finance, recently published an article highlighting the concerning statistics that most South Africans, who are currently employed, may be seriously under-assured for death or disability cover. His opening paragraph reads as follows: “The vast majority of 13 million employed South Africans are ignoring the fact that, if they die...
UNNECESSARY LOANS IN JANUARY At the start of a brand new year many South Africans face a long wait for salaries at month-end and overspending during the festive season leads to borrowing to cover small shortfalls, which may quickly snowball into a bigger problem. “Many people think that borrowing money to help them get through...
Iona Minton The profession of financial planning is relatively new, the average pensioner will tell you that in their youth financial planning was not even a recognisable term. During and after the Second World War the depression made it virtually impossible for most people to make ends meet, let alone have surplus money to invest....