If you’ve ever owned a pool you’ll be keenly aware of what happens when your pump and filter breaks; the water flow stops, dirt builds up, algae blooms and you have a big problem on your hands. Most car owners are also vividly attune to the costs, complications and annoyance of their petrol pump breaking and their filters being dirty. How about fish tank enthusiasts? They’ll quickly tell you how important their pump and filtration systems […]
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FRESH SAVING TIPS FOR THE END OF THE MONTH
We all want to save more, right? But then why aren’t we? I have found that one of the biggest secrets to saving is to be creative in the way that you spend, or don’t spend as the case may be. Saving is often hard to do because it’s not an immediate gratification. We are conditioned from a young age that saving involves putting your money in a ceramic piggy bank that only gets smashed when […]
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RECOVERY MONEY
Unless you’ve already had a debilitating illness, the last thing you think about is your health failing you for anything longer than your hospital stay. As a result, we tend to only include a hospital plan, and perhaps some GAP cover in our financial planning. But what happens if the accident means that you can’t work for six months? Your hospital and GAP cover may take care of most of your in-hospital expenses (costs incurred whilst […]
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2014 GOALS – BETTER LATE THAN NEVER
We’re almost at the middle of the year! Some will look forward and see the potential stashed away in the seven months that lie ahead, but others will look at the five months passed and be overwhelmed by how little they’ve accomplished. Perhaps you had such a motivated two weeks in January where you felt like 2014 was going to be your year: a year where you made the changes that you’ve been dreaming about. But […]
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CRITICAL ILLNESS | ARE YOU SUFFICIENTLY COVERED?
Women submit more critical illness claims than men. RISKSA published an online article that shed some light on an area of financial planning that appears to be largely overlooked, or at least, underestimated. A key consideration for every financial portfolio is to insure your most valuable asset – your ability to earn an income. Traditionally this lot has fallen to the ‘man of the house’ to earn an income. Although this notion is seriously outdated (by […]
Continue readingMore TagEND OF THE MONTH SAVING TIPS
With the first quarter of 2014 safely stashed away, how can you build and improve your financial habits going forward? Perhaps you’d like to work on the way that you spend and save your money? The fun with making and saving money is that you can be creative and monopolise on really simple ideas that would work well for you. You don’t have to simply rely on your job for your income, you can explore other […]
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PLANNING FOR THE UNEXPECTED
How can you plan for the unexpected… and, if you’re expecting it, then how can it be unexpected? Well, those are good questions! Planning and arranging your spending plan to include the ‘unexpected’ is a wise approach to take. When we talk about unexpected costs we generally mean services or commodities that are over-and-above what you would normally expect, but might be able to find out with some deeper digging. UNEXPECTED ACCOMMODATION COSTS Electricity and municipal […]
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DON’T THROW YOUR MONEY AWAY
The number of people who are currently saving is declining, research shows. Last year MasterCard conducted a survey to discern consumer purchasing priorities and the research revealed that saving is a forgone priority in an increasing amount of household budgets. The biggest barrier-to-entry in any budget for savings is the belief that there is no ‘extra’ money to save, and as a result, the money is channelled into commodities, accommodation, groceries and other expense pockets. In […]
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BUY OR RENT?
In an article published on Fin24 earlier this year, it was said that homes are expected to become less affordable this year (2014). John Loos, household and property sector strategist at FNB Home Loans, said the following: “After six years of improving residential property affordability, 2014 could be a year in which this improving affordability trend is reversed mildly, and in which affordability becomes slightly more challenging,” said Loos. Now, I don’t sell Home Loans – […]
Continue readingMore TagFRESH SAVING TIPS!
Economists are not positive about the growth of investments this year as they foresee a tighter budgetary approach from investors who are feeling the pinch of rising costs. This means that all of us should be doing whatever we can to engage with our monthly spending plans and pull back on unnecessary costs. With that in mind, here are my regular ‘end of the month’ saving tips! 1. PREPARE MEALS YOURSELF, AT HOME The demand for […]
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