tax-free savings account
The tax benefits achieved by investing in a Tax-Free Savings Account are not realised early on which means that TFSAs do not make good emergency funds. The value of the tax benefit in the first five years is incredibly small,
Tax legislation permits you to invest up to 10% of your taxable income towards charity on a tax-deductible basis, although it is important to know that this tax deduction is not automatic. In order to claim a tax deduction, SARS
An ETF is a listed investment product that tracks a defined index such as the JSE Top 40 which tracks the stock exchange’s top 40 companies. ETFs track JSE-listed shares which give investors exposure to multiple companies by investing in
Most life insurers, banks, unit trust companies and LISP platforms offer Tax Free Savings Accounts (TFSA) which are easily accessible and attractive to those wanting to reduce their tax liability, and fees will vary from provider to provider.
When it comes to money, controlling your emotions is more than just resisting the need for instant gratification. Making good economic decisions is highly dependent on us being able to control our emotions, including the psychological and cognitive biases that
Being a single parent comes with a unique set of challenges that are sometimes difficult for those who are co-parenting to fully understand.
While we consume experiences directly with other people, the same cannot be said for material possessions. Simply put, sharing experiences builds social relationships whereas buying things does not.
Avoid the temptation of buying every possible gadget for your baby until you know exactly what it is you need. Chat with other new parents and do your research online before you spend your hard-earned money on baby scheduling timers,
