With the introduction of tax free savings accounts (TFSA), people have been wondering what sort of benefits they provide. So what are the main reasons to consider a TFSA?The first reason would be to replace the interest exemption in our tax laws. It was specifically stated that with the introduction of the TFSA, there would […]
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CAN I RETIRE ON R2 MILLION?
While it seems like a simple question there are many considerations that need to be accounted for when asking: Can I retire on R2 million?It is important for a financial advisor to provide a client with guidance regarding questions that have been asked, but also to provide answers to questions that the client hasn’t thought […]
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SPRING CLEAN YOUR SPENDING – PART 2
Your finances can use some spring cleaning as much as your house does. Last week we went over some budgeting and account handling ideas, this week we continue with some more ways to get you feeling financially refreshed… Review recurring costs We become accustomed to recurring fees to a point of comfort. Maybe it is […]
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SPRING CLEAN YOUR SPENDING – PART 1
Clearing out old clothes and a garage full of stuff? While you might be tempted to just dump it all, there are people less fortunate that can use your second hand clothing to keep warm in the evening chill. While you are spring cleaning the accumulated clutter in your house, why not brush up on […]
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CRUCIAL STEPS TO TAKE AFTER A COLLISION – PART 2
Last time we went over some basic procedures to reduce risk after an accident has occurred. Now we go into some of the finer details that you should pay attention to and note down, but above all remember to keep your cool. These scenarios are stressful for everyone involved. Collect basic information You will have […]
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CRUCIAL STEPS TO TAKE AFTER A COLLISION – PART 1
It’s something that we all anticipate with apprehension. Would you know what to do if someone pranged into you or if you lost control of your vehicle on a slippery surface? There are certain procedures to be followed that can help you if you have been involved in a traffic accident. Stop No matter how […]
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LIFE INSURANCE LIBERATIONS
With all of the pressures of modern life it is nice to know that you can offer yourself and your loved ones some reprieve from the stressful doubt of forethought. Life insurance can free you from certain worries and ease your mind when it comes to the future of your kin. Life insurance can achieve […]
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PAYMENT PITFALLS AND DEBT DOWNFALLS – PART 2
Last week we discussed a lack of financial management, signing surety, sudden expenses and worrying about social status. This week we compound on that list with some more points to consider to prevent you from being put in a position that is vulnerable to accumulating debt: Lacking financial understanding Formal education doesn’t prepare people well […]
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PAYMENT PITFALLS AND DEBT DOWNFALLS – PART 1
No one ever plans to fall into a spiral of debt, but sometimes challenges arise that cause the debt to build up around you before you have even realised how bad it is. This puts you in a debilitating position that can be difficult to emerge from. So, here are some points to consider to […]
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BARGAIN HUNTING HINTS – PART 2
Hunting for a bargain takes time and effort and only certain items are worth that effort, you have to weigh up the advantages versus the cost. As a follow on from our last blog post… here are some more to pointers for a good bargain hunting acumen. Be prepared to negotiate Don’t feel bad for […]
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