Beplanning onderwerpe
Retirement planning is crucial for everyone, but for business owners, it can be particularly complex. Unlike salaried employees who can rely on employer-provided retirement benefits, business owners have to take full responsibility for planning and saving for their own retirement.Very often, the…
Tax Freedom Day is a reference to a day that a country has earned enough money to pay for running its government in a financial year, and it is estimated to be on May 14 this year. That is two days later than last year’s prediction.According to Garth Zietsman, a statistician who analyses and…
Most people have been using stokvels for informal savings over the years, frequently depleting their savings around the December holidays, before going on spending binges during the festive season and starting over the following year.Instead of withdrawing all their funds for short-term goals, FNB…
Remuneration paid by retirement funds to their boards has escalated steadily but has kept within the three-year inflation average, the latest PwC South Africa’s Seventh Retirement Funds Survey publication said.The survey showed 74% of the retirement fund respondents in this year’s survey said their…
On average, over-indebted consumers who have successfully completed debt counselling have significantly higher credit scores than those who consider debt counselling but do not proceed, according to the findings of DebtBusters. Benay Sager, head of DebtBusters, said that the primary driver of a…
Food prices in South Africa are unlikely to drop, despite softer agricultural prices, economist say.Dr Marlene Louw, the senior agricultural economist at Absa Relationship Banking, said this week agricultural commodity prices would soften this year, which could bring some relief to the inflationary…
The recent banking crisis – the collapse of a handful of small US banks and one very big European one – has caused jitters in financial circles. This may partly be because the global financial crisis of 2008 is still relatively fresh in our memories, and we are still living with its fallout 15…
Economists and analysts fear the worst for the South African economy as the cost of living crisis spirals out of control for consumers in the country.This comes after the South African Reserve Bank (SARB) Monetary policy committee (MPC) raised the repurchase rate by a shocking 50 basis points,…
By Rapule MahlanguThe Easter weekend is traditionally a time for family gatherings, travel and the odd Easter egg or two or more. But don’t let the upcoming festivities lead you astray when it comes to your budget and perhaps your waistline. Special occasions like Easter are a great way for…
By Tonia PavlouTraditionally, the Easter weekend sees an upsurge in domestic travel, with South Africans taking advantage of the long weekend to explore the many gems that our country has to offer. This year is set to be no different, with Easter marking the last weekend of the school holidays.…
South African households are under a lot of financial pressure following a rise in interest rates as well as increases in inflation and the cost of food.Financially well-off households find it difficult to achieve their financial goals in tough financial times, while close to 17% of financially…
The effects of over-indebtedness such as legal action and bad credit records due to non-payment can be avoided if people keep a close on the amount of debt they take on.In 2022, consumers in South Africa owed R2.8 billion collectively, which they failed to honour, according to Stats SA.John Manyike…
With the Easter holidays and the long weekend upon us, many people will be thinking about going on holiday. “If you’re planning a holiday or a weekend break, there are a few things you can do to get the most from your home and car insurance cover,” says Ernest North, the co-founder of Naked…
A budget is the backbone of a person’s financial health, according to Janine Horn, financial adviser, Momentum.While the thought of starting may sound tedious, new ways of budgeting are taking social media by storm making the process of having a budget more exciting.A new way to budget called cash…
By Tonia PavlouTraditionally, the Easter weekend sees an upsurge in domestic travel, with South Africans taking advantage of the long weekend to explore the many gems that our country has to offer. This year is set to be no different, with Easter marking the last weekend of the school holidays.…
By Rapule MahlanguThe Easter weekend is traditionally a time for family gatherings, travel and the odd Easter egg or two or more. But don’t let the upcoming festivities lead you astray when it comes to your budget and perhaps your waistline. Special occasions like Easter are a great way for…
The well-publicised collapse of Silicon Valley Bank (SVB) in the US, followed in short order by New York’s Signature Bank, highlighted the important role deposit insurance plays, says Michael Jordaan, chairperson of Bank ZeroIt successfully prevented widespread panic over the solvency of the many…
WE ALL want to get more out of the work day. If you’re wondering how you can be more productive? Here are three methods you can try at work to maximise your day. 1. The pomorodo techniqueThis is a time management system that was created by software expert, Francesco Cirillo. According to this…
Most people have been using stokvels for informal savings over the years, frequently depleting their savings around the December holidays, before going on spending binges during the festive season and starting over the following year.Instead of withdrawing all their funds for short-term goals, FNB…
By Paul TruscottIf you’re one of the many South Africans approaching retirement and have to decide what to do with your retirement savings, you may find that making this decision based purely on facts and logic is next to impossible.We get it. Retirement engenders a roller coaster of emotions that…