This unfortunate situation plays out time and again in businesses around the world. The death of an active business partner places undue stress on both the business and the surviving partners.Business owners must be prepared for any eventuality that might affect their businesses, including the sudden departure of a business partner. Disaster can be avoided … Read More
Bank statements, municipal bills, phone bills, petrol slips, receipts, the list goes on. It’s that time of year again, when you have to forage through stacks of paper for everything that you need to fill in your tax return.Not everyone is great at admin… and there are piles of things to keep track of; it … Read More
In the previous article, How to choose between a Pension Fund and a RA, we determined that you can save with a RA whether you have a pension (or provident) fund through your employer or not. To go with a RA is one of many choices you have when you save for retirement. Here are five … Read More
Do you own a home or a car? Do you have parents or children? Have you been saving for your future? If you’ve answered yes to any of these questions, you need to have an estate plan. You may have an idea that only the rich need an estate plan. But in truth, if you … Read More
Studies show that interactions with therapy animals can decrease stress in humans. Playing with or petting an animal can increase levels of the stress-reducing hormone oxytocin and decrease production of the stress hormone cortisol. With 5 November around the corner I thought I would share some safety tips for pets and animals to reduce their … Read More
Investing in your child’s education is often one of the most important yet challenging saving endeavours you can undertake and as a parent you don’t need any reminding of the urgency to start planning and saving today.Having a baby has financial implications and most new and future parents need to start saving straight away if … Read More
Christmas is almost around the corner. If you want to survive the holiday season without sapping your bank account, now is the time to start planning. The number one rule for spending money is this: Have a plan, but don’t just have a plan – stick to it!Draw up a budget If you’ve read my … Read More
October marks Breast Cancer Awareness month, the second most common cancer (after skin cancer) in women in South Africa. According to the National Cancer Registry, 1 in 33 women are at risk of developing breast cancer.Men can also develop breast cancer although they are at a significantly lower risk with 1 in 1249 developing this … Read More
The Department of Energy recently announced that 93 grade petrol will decrease by two cents per litre from October 7. There will, however, be increases in 95 unleaded, diesel and illuminating paraffin. The department noted the main reason for the price hike was the weakening of the rand against the dollar.The price of 95 ULP … Read More
Looming interest rate hikes in South Africa should theoretically lift savings rates by boosting returns, but in reality they will only make it harder for heavily indebted households to repay loans, leaving little extra money to set aside. “As a country we save way too little,” said Rian le Roux, an economist at Old Mutual. … Read More