Financial Planning
Transitioning from a dual- to a single-income household can be one of the most challenging aspects of divorce. Ideally, prepare a flexible transitional budget that accounts for your anticipated monthly expenses with room for adjustments as and when new expenses
Despite this progress, a significant gap persisted in the legal recognition of cohabiting partners, particularly in heterosexual life partnerships. While the courts had recognised same-sex partners’ rights to claim maintenance and inheritance prior to the legalisation of same-sex marriage, permanent
While healthy and consistent habits can lead to financial independence, bad habits can be equally as powerful in the opposite direction. Frugality and a willingness to live within one’s means is a common habit of the financially sound. Financial independence
In terms of the Income Tax Act, individuals can donate up to 10% of taxable earnings towards an approved Public Benefit Organisation (PBO) on a tax-deductible basis, but to receive the tax exemption, you need to ensure that the non-profit
While many South African investors make use of retirement funds to build wealth for their retirement years, many do not take the opportunity to structure their contributions in a pre-tax manner – which can inadvertently affect the growth of one’s
A couple planning to get married should sign their antenuptial contract before getting married. Failure to sign an antenuptial contract prior to the date of marriage will mean that you and your partner will automatically be married in community of
Saving is essential for a number of reasons. Firstly, it provides a safety net in the face of unexpected events such as retrenchment, medical emergencies, or urgent home repairs. Without access to readily available savings, many people turn to high-interest
If it’s been several years since you implemented your disability cover, ensure that your insurer has been kept up to date with any changes in your lifestyle, occupation, or health. For example, if you’ve started smoking, changed careers, or taken
International markets offer South African investors access to industries and sectors that are largely underrepresented or absent locally, including biotechnology, semiconductor manufacturing, aerospace and defence, electric vehicle production, and cloud computing infrastructure – with these sectors often being at the
