Spring cleaning is simultaneously exhilarating and exhausting. The process of clearing out old ‘junk’ is reinvigorating and mind-easing, however it also feels like a drag. And many people feel the same about their finances, but organizing and simplifying your financial situation can help set yourself up for financial success. Here are some tips to help […]
Author Archives: Admin_FSfp
Seriously, don’t throw your money away – Part 2
I have read countless money saving blogs and most of the advice sounds somewhat obvious, but I find that I still need reminding; and every now and then I’ll come across a fresh tip that really makes a difference. We all slip up every now and then, so here’s my reminder to you. Here are […]
Investment insights – diversifying your portfolio
Investment diversification is not a new concept. I’m sure that we all know the old saying that you should not put all your eggs in one basket. If a “basket” drops, you don’t want all of your investments to break. Diversification reduces risk, making the uncertain journey to your financial end-goal significantly smoother. Investing is […]
Don’t throw your money away – Part 1
It’s relatively easy for your monthly budget to spring some leaks that are easily overlooked. You may not view it as throwing away money, but that isn’t the correct mindset to have if you plan on saving. As the famous Benjamin Franklin saying goes, “A penny saved is a penny earned”. An extra R50 in […]
Don’t wait until your thirties – Medical for young adults
Just because you are young does not mean you are insusceptible to chronic conditions and dread diseases. Adding to this; accidents happen when you least expect them. There is a perception that if you are young, you don’t need medical cover, but that is far from the uncomfortable truth. Technology has us leading increasingly sedentary […]
Yoga for your financial plan
Whether or not yoga is your thing, you’re probably familiar with it. The practice of yoga has become popular enough that most people know what it is, but I bet you didn’t ever associate it with financial planning. Here are some core principles of yoga that relate to a disciplined financial plan: Balance Is central […]
A woman’s will
Happy Women’s Day for tomorrow! In celebration of Women’s Month I wanted to share an article that focuses specifically on a financial planning aspect that is often overlooked for women. Recently, the Fiduciary Institute of Southern Africa (Fisa) discussed some important financial planning considerations for women that highlighted the need for an up-to-date will. It […]
Good habits to help you out of bad debt
You need to earn a lot to be well-off, right? Not so. Wealth is as much about controlling debt and spending as it is about income. If you earn a moderate salary and are free of short-term debt then you’re probably in a better financial position than someone who earns more, but spends it all […]
The power of positivity and a good plan
Have you ever told yourself, “When I have more money, I’ll be happier”? How about, “I’ll never be able to pay off this debt”? These sort of toxic money thoughts are holding you back from financial success – and happiness! A good financial plan needs to be attainable and measurable, those expressions are neither. The […]
Two things to remember when selling your house
It is hard to predict what the housing market will do with accuracy due to all of the economic and political factors affecting it. You might end up waiting months or years for something to change, and even then it may not be in your favour. However, when selling (or buying) a home one should […]
