wealth creation
Depending on the rules of the medical scheme, you may be required to move off your parents’ medical aid. If this is the case, do not allow your membership to lapse and ensure a smooth transition onto your own medical
Financial planning practices employ various fee models, making it essential to identify one that aligns with your needs. Some advisors charge a flat monthly fee, while others base their fees on a percentage of assets under management (AUM), and some
When leaving employment, many are tempted to cash in their pension or provident fund benefits. However, any withdrawals made from your long-term investments interrupt the process of compounding and effectively re-sets your wealth creation.
The financial and emotional complexities of modern-day blended and extended families can be exacerbated by ineffective estate planning and lack of communication. In many instances, the legacy that loved ones are expecting and what is actually bequeathed in terms of
Gen Z are bravely challenging traditional beliefs that it is not possible to make money from following your true passion. While many of us have been raised to believe that there is something noble about setting aside one’s true passion
Retirement planning is a comprehensive process that addresses the financial, logistical, emotional, social, and psychological aspects of your retirement. Start planning at least five years before your intended retirement date to work with your financial planner on strategies to ease
Building wealth is a gradual process that requires time, strategic use of compound interest, and consistency. Effective investment planning, a highly technical and regulated area of financial planning, involves several interrelated components such as estate structuring, tax planning, risk management,
Do everything you can to encourage their entrepreneurial ambitions by allowing them to share their ideas without fear of ridicule. Avoid responses such as ‘you’ll never make money doing that’, ‘you can’t make a career out of that’, or ‘that’s
We often take for granted how much changes over the course of single year and, while you may feel confident that your Will is up to date, it’s worth taking out your Will to double-check its contents. At the same
