Insurance is one of those purchases that requires a mature and foresightful mindset. The reality is that it’s not really about if you will have a bump or a scrape, but when… Once you come to terms with this, it then becomes a question of spending as little as needed on your premiums whilst getting comprehensive cover for you personal needs. There can be a number of different factors affecting your cars insurance rates, typically younger […]
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INVESTING IN ETF’S FOR KIDS
If you are interested in investing for your children’s future education, a good way to achieve this is with exchange-traded funds (ETF). It is best advised to have a balanced portfolio spread over multiple asset classes so as to reduce volatility and enhance performance potential. You should consider the following points when setting up education accounts for your children: THIRD-PARTY ACCOUNTS Set up separate third-party accounts for each child. You will have control over the investment […]
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10 TIPS FOR FINANCIAL PLANNING
Do you want to begin your 2015 financial year on a good note? Then what better time to review your financial plan! A financial plan provides you with the financial security to overcome unforeseen events and map out a financial future for yourself. When creating a financial plan you need to identify key achievable goals that can advance your financial situation. Here are 10 tips for improving a financial plan: You need to have a clear […]
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5 WAYS TO MAKE YOUR FINANCIAL GOALS ACHIEVABLE
As 2014 has rolled over into 2015 people have invariably affirmed some New Year’s resolutions, but did you know that around one out of four people abandon their resolutions after one week! Seven days is all it takes to swerve off course. This isn’t because they have changed their minds about what they want, it’s because they haven’t properly envisioned how they will achieve their goals. There was a study done, showing that writing down your […]
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A FRESH START, TO YOUR CREDIT RECORD
Having an impaired credit record is an affliction suffered by almost half of the 21 million consumers in South Africa. This ranges from consumers with defaults, judgements, administration orders and consumers who were three months or more in arrears with account payments. Recently, between 1 April and 31 May 2014, the South African government implemented a credit information amnesty that benefitted at least 3.1 million consumers. This is great news if you struggle with poor credit […]
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WHAT WILL IT REALLY COST ME?
The current SA stats for breast cancer reveal that one in thirty-six women has breast cancer. My blog last week spoke about the general costs and overall statistics of cancer, but today I’d like to get a little more specific as to the expected ‘realistic’ impact that breast cancer will have on those who may be diagnosed this month. Whilst it’s a scary reality, the sooner breast cancer is diagnosed the higher the chance that it […]
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A DIFFERENT APPROACH TO DREAD DISEASE COVER
One of the reasons that I have my blog and Facebook page is that this industry changes about as regularly as the price of petrol. A financial solution that we relied on five years ago may still apply, but it also may not. There may be better options, better approaches; better products, for your needs. This is a place for me to share some of the newer ways of looking at financial planning. When it comes […]
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WOMEN NEED TO PRESERVE THEIR FUND BENEFITS
Why do women need to preserve their fund benefits? Deep inside every man is the knowledge that women are stronger, more clever and just all-in-all better than us. Men seldom admit it, but they know it. What’s more is that women live approximately seven years longer than men do, which means that a woman aged 65 will need approximately 15% more than a man of the same age to provide the same pension for the rest […]
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THINKING ABOUT VITALITY? NOW’S THE TIME TO CHOOSE!
Whilst I work with a variety of products – every now and then a super-duper deal comes along that I simply have to share on my blog! Discovery Life’s Integration philosophy of incentivising health and wellness management has resulted in powerful outcomes. Engaged clients experience 40% fewer claims than non-Vitality members and lapse rates of engaged clients are 65% lower than non-Vitality members. In order to ensure continued engagement, Discovery Life is introducing the Double GuaranteedPayBack […]
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LIMBO WITH THE LINGO
Whether you’re casting your line off the end of a pier or buckling your seatbelt, we all deal with risk and return. Somehow, when it comes to emerging markets, nominal vs real, risk-adjustments, multi-asset portfolios, protection strategies and bull vs bear markets we panic amidst an onslaught of lingo that overwhelms us. Basically, when it comes to investments, it helps to bring things back to casting your line off the pier or buckling up, because we’re […]
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