Sticking to your financial plan in times of market volatility
Sticking to your long-term financial plan is easier said than done. However, during times of uncertainty, the best course of action for investors is to maintain a calm stance, ensure their investments are adequately diversified, and maintain an exposure to long-term themes.
Spring calls for a review of your finances
OPINION: Reviewing your finances starts with simply defining your financial goals. Knowing what you want your money to do for you is important. You may find some of your goals irrelevant or need to be approached from a different angle.
Cheers to women becoming the best money managers ever!
We see women starting businesses, closing big deals, becoming majority stakeholders, and creating financially sustainable lifestyles. But why are some women still struggling with managing their finances while they do so well in their careers?
July Savings Month comes amidst a rising cost of living
Contractual debt, mandatory living costs and insurance are top of many of our budgets. We can barely squeeze in an entertainment budget line. The cost of living seems to hinder any savings or investing.
The cost of living in tough economic times
Inflation is the loss of purchasing power, which simply means that your money will not buy tomorrow what it can today.
How you can save through employee benefits
The value of employee benefits extends to more than just “nice incentives” for you as the employee: some of the product benefits extend to your family members, sometimes even long after you have passed on.
Using a financial adviser or planner: red flags to watch out for
A qualified, experienced, and registered financial planner who promises to serve your best interests will give you an excellent financial plan while increasing your portfolio's performance, so that their fees don't eat up your returns.
Checklist to secure your finances and lower your stress
As we come to March, we have the opportunity to redefine our goals and readjust our budgets. Here are a few financial tips that you can put into practice in order to fix your finances and live a less stressful life.
Don’t let your budget spring a leak at this time of year
Leaks happen when you are not sticking to your budget and you spend your money in ways that are not intended.
Why your insurer may not pay out your claim
You do not just find an insurer, and it stops there. You still need to be responsible for it, or else your insurer will not pay out when you have a claim.
What’s the deal with sectional title developments?
Sectional title schemes fall under the Sectional Title Act of 1986. The Act defines the rights and obligations of the various stakeholders who bring the scheme into effect.
Is a home loan the only way to finance a property?
Home loans are a type of secured lending because there is an asset attached to the borrowing. In loan default cases, the asset can be repossessed and sold to recoup the borrowed funds.
Life goes better when we understand the policies we sign up for
Most of us agree to the terms and conditions of legally binding contracts without fully immersing ourselves.
Are you regularly left with more month than money?
A stroll in a mall can lead you down one of two paths; one where you buy a new pair of sneakers impulsively because, sheesh, look, you still have some money left after all your debit orders have gone off.
Property is a tangible asset you can count on
Opinion: Most people think investing in property is buying a massive chunk of land or a building. But it’s not necessarily the only way to do it.
Black Tax can be rewarding if you plan it properly
One of the biggest unspoken burdens young professionals face is that of Black Tax. Not the simplified I send some money home rhetoric, but the true essence of having to consider your extended family with every financial decision you make.
The how and why of investing: What are your objectives?
A few years ago, I dabbled with the idea of investing. In all honesty, the whole concept of putting my money away and not enjoying the benefits of instant gratification was wholly stressful.
Consider credit life insurance to cover your debts
Last week I received an email from a distraught young lady. Two weeks after her mom’s passing, the bank was coming for their family home.
The Mighty emergency account: 3 rules you need to know
How many of us found out for the first time during the Covid hot mess that we were, in fact, living from paycheck to paycheck?
Men lie, women lie, but the numbers don’t
Looking to buy a home? This is some good advice.
Don’t bank on a lender letting your debt prescribe
Last week we zoomed in on the effects of compound interest and how great earning compound interest is. Paying it is where the real pain is.
Building a nest egg? Don’t eat the chickens
A financial term for a growing flock of chickens is compounding, and the chicks that hatch are compound interest.
It’s not always about how much you make
Everyone has their own money rule that they swear by. My one is: ’It’s not about how much you make; it’s about how much you keep and where you keep it,’ writes Nicolette Mashile.