A study conducted a few years ago on behalf of the Association for Savings and Investments in South Africa indicated that over 12 million of the country’s workforce were underinsured in terms of life and disability cover. Furthermore, reviews by various insurance companies highlighted that this shortfall fell primarily in the realm of disability cover. […]
Author Archives: Admin
Health For All
The World Health Organisation (WHO) was founded on 7th April 1948, and this date is celebrated every year as World Health Day, with the goal of drawing attention to a specific global health concern. Last year, the focus of the campaign was to mobilise action with regards to depression, and the theme for this year […]
Know your rights
Human Rights Day is celebrated annually in South Africa on 21st March, and is arguably one of the country’s most important public holidays. The commemoration of this day serves as a reminder to all citizens of the country’s struggle for democracy, and the sacrifices that were made on everyone’s behalf to attain the basic rights […]
How does income protection work?
Being unable to temporarily – or permanently – work as a result of a serious illness or injury can put a serious strain on your financial well-being. In this day and age, an income protection policy can, therefore, prove vital, as it ensures that you will receive tax-free monthly payments if you ever cannot work. […]
Make the most of public holidays
Arguably, one of the best things about spring in South Africa — apart from the pleasant weather and the abundance of Easter eggs — is the public holidays! Many people in South Africa work very hard. Legislation regarding the Basic Conditions of Employment dictate that employees are entitled to 21 consecutive days of annual paid […]
Drawing up a Budget – Useful Tips
Nowadays, making a transaction can feel somewhat unreal. Just a swipe and a glance at the number displayed on a digital screen. Whilst this seems easy and practical, it poses a big problem that is too-often overlooked.When we stop dealing with physical coins and notes – a mental disconnect occurs between the digital numbers and […]
Common financial mistakes in your thirties
Saving in your thirties becomes increasingly difficult as your financial responsibilities increase. However, sound financial decisions during this phase of life can have profound benefits at a later stage.Here are some common financial mistakes to avoid:The first is failing to draw up a budget. A proper budget is the starting point of all financial discipline […]
Cards for kids | Teaching your child to manage a credit card
Basic financial learning curves are best learnt early in life, they will benefit you in your youth as well as in the future. Managing debt is one such important learning curve and a credit card is a transactional tool through which this experience can be gained. The sooner you teach your children to be disciplined […]
South Africans lack confidence when it comes to finances
Most South African consumers feel challenged by their finances, with relatively few saying that they are highly successful at sticking to their financial goals or are knowledgeable about financial matters. This was revealed when the Financial Planning Institute of Southern Africa (FPI) conducted a nationwide survey, in conjunction with the Financial Planning Standards Board (FPSB) […]
Trim your budget, not your lifestyle
Interest rates are going up again putting even more strain on our already stretched budgets. Cancelling DsTV or the daily cappuccino may be the most obvious cost cutters, but for some reason are the hardest. Here are 10 ways to reduce costs without having to give anything up.1. Settle Debt: While a savings account is […]
