Lifestyle Financial Planning
Understanding that money decisions are emotional does not mean ignoring financial logic. Rather, it means recognising that good financial planning must account for both the head and the heart. Clients need to be guided through their emotional biases, not judged
Surprisingly, drafting a will is often viewed as a stand-alone exercise – and yet a will is not merely a legal formality, it is a cornerstone of estate planning. Responsible drafting requires knowledge of the client’s assets, the jurisdictions in
In financial planning, the pattern is consistent. Those individuals who live within their means, save diligently, and remain invested over decades often end up with more financial security than they ever expected. Their success stems not from sophisticated strategies but
At its most obvious, overconfidence convinces investors that they have an edge over everyone else – something that usually results in stock picking, attempts to time entry and exit points, or chasing the latest performance story. The temptation is particularly
In times of uncertainty, holding cash feels safe. This is because cash is liquid, stable, and unaffected by the daily movement of markets. But, holding too much cash for too long exposes you to a less visible risk: inflation. Over
Insurance is often treated as optional—until life proves otherwise. We’ve seen families forced to liquidate assets or downscale drastically because a breadwinner was underinsured. The financial impact of death, disability, or severe illness can be absolutely devastating.
Periods of transition often represent inflection points in a client’s financial life. They generally mark the moment where long-standing assumptions are overturned, where future plans need to be reimagined, and where financial stability is often at risk. It is during
Tax is another area where divorce settlements can become unnecessarily expensive. Lump-sum payouts, child maintenance, and the division of investment assets each come with their own tax implications. For example, we’ve seen cases where a lump-sum settlement triggered a significant
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
A sudden hospital stay should not bring your household’s financial functions to a halt. Debit orders must still run. Medical aid premiums, insurance policies, bond payments, and school fees need to be paid. Make sure a trusted person can access
