income protection
Avoid the temptation of buying too much car for your purposes as it will only serve to burden you with extra costs such as higher insurance premiums, fuel costs, tyre replacements, and expensive spare parts and services.
Many employees make the dangerous assumption that this cover is sufficient for their needs and adequately protects them in the event of death or disability.
Now is a good time to check the beneficiary nomination on your policy as this can affect how, when and to whom the claim is paid out. If you have nominated your estate as the beneficiary on your policy, the
It’s in times like these that we realise the true value of having a second or passive income. Having an alternate source of income, regardless of how small, can help to mitigate the risk of income loss or reduction.
Think disability and our minds tend to think of the worst possible scenarios involving permanent injury and disfigurement. Rather than permanent disability, it is temporary disability or illness that we should in fact be more concerned with.
When it comes to renting property, for instance, single mothers are considered high risk by landlords because of the high chance of father’s defaulting on their maintenance obligations. Time spent in court fighting for maintenance payments or maintenance increases impacts
Managing your personal finances is about more than just drawing up a budget and saving for a rainy day. It’s about achieving a balance between protecting your greatest asset (your income) while at the same time building your wealth. Here
