I read with interest the comments from “experts” telling people to resist yesterday’s interest rate by not reducing their bond repayments. This makes a lot of financial sense but the comments from readers of the article clearly shows just how cash-strapped many people are and for many, even this cut will not be sufficient. (Although [...]
One of the things I enjoy doing is collecting rainfall figures…I have been doing this for over 9 years and have built up a bit of a data base. I know this has nothing to do with financial planning but it is probably a legacy from my student days when meteorology was one of the [...]
Continue reading about Just because it is raining it does not mean the drought is over!
On the face of it, the Discovery Credit Card and Pick n Pay tie up is very attractive; pay for my Pick n Pay shopping with my Discovery Card and get cash back from Discovery every month (depending on my Vitality status of course). And it works – for the past year or 2 we [...]
The first article in the “financial planning for dummies” series identified the 5 most common risks people face, namely:
Dying too soon and leaving debt or dependents.
Living too long (insufficient funds on which to retire).
Disability (over a short or extended period).
Funds for short term emergencies.
Debt!
This article looks at the first of these risks; Dying too soon! [...]
Continue reading about Financial Planning for Dummies – Part 2
Just a quick follow up on the post about Fundisa – I just received my transaction SMS from them…so far I have invested R1200 of my own money…the transaction statement reads as follows:
The balance at 04 May is R1,209.56 (investment) and R518.00 (grant). Nedgroup Investment…i.e. there is currently R1727 in the account that would [...]
