Investment Residency and Passports

The attention of twitchy South Africans, reeling from the latest political fallout and credit rating downgrades, is once more turning to the safety net of residency or citizenship abroad. Passport investment programmes or the “buying” of citizenship often comes at too high a price for the majority of global citizens, the mostly prohibitive outlays only […]

Tax Free Savings Accounts

What are the saving statistics in South Africa? The South African Savings Institute (SASI) has noted the December 2017 SARB Quarterly bulletin numbers which show Household Savings to Disposable income at 0.2% per month. This means households are saving 0.2% of their income. This represents a positive savings ratio from the last quarter of 2016. […]

2018 Budget Summary — Time to Tighten belts

New taxes will be introduced to raise R36bn. On the other side of the bookkeeping statement, the annual cost cutting programme introduced by Pravin Gordhan in 2016 to save 5% a year (R25bn) through consolidating State procurement, has been written in concrete this year. As a result, the 2018/19 Budget deficit is projected to fall from […]

The 10% rule — An all-round financial workout

You may be familiar with the 10% savings rule.The idea is that, as soon as you are financially independent, you should save approximately 10% of your income for retirement, and it is a general guideline that gives you a starting point for your savings early on in life. If you consistently save 10% of everything […]

Fashion for the sake of your finances

Watches can now double as fitness trackers… and if you ask anyone who has one – they are considerably more aware of their activity. Sure – they may not actually exercise more, but with an easier way to monitor how active they are, they are more likely to change any behaviours that they are unhappy […]

Top tips for buying an investment property

It’s important when buying an investment property to do your homework so that your property becomes an asset rather than a liability. While astute investors can make good money, there are significant holding costs and initial fees, and a property is not as liquid as other investments. An interesting article in City Press reviews the […]

Why make a will this National Wills Week?

National Wills Week is from 11th to 15th September 2017 and is a time when participating attorneys in South Africa will draft new, basic wills free of charge. To make the most of this time of year, simply make an appointment with a participating attorney before or during National Wills Week. However, if your circumstances […]

5 ways to spring clean your finances

The temperature is starting to climb and it’s almost safe to leave your scarf at home. Spring is in the air and, as flowers bloom and citizens emerge from hibernation, it’s the perfect time to start afresh with some spring cleaning. Once you’re done dusting the shelves, take a look at your finances and see […]

How do commodities affect investments?

An article published on Maya on Money about the 10 key themes investors must not ignore in 2017 inspired thought about a word that gets used a lot in the world of investments — commodities. The key takeaway from this should be that commodities traditionally move in opposition to stocks, so they can be a […]

Careers and Industries for the Future

When you were younger, did you have any idea what you wanted to do when you grew up? Perhaps you now have children who at some point will need to consider their options and will need guidance, or perhaps you are at a stage in your life when you’re considering a change in career yourself. […]