Why Inflation is the Most Important Investment Benchmark
“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” (Ronald Reagan) Inflation is on everyone’s minds. At the start of last year, for example, petrol cost less than R15 a litre. It is now close to R25. Everyone is feeling the impact of these […]
Why Your Financial Plan Should Cater For Possible Dementia
“It is not the load that breaks you down. It’s the way you carry it.” (Lena Horne) Dementia 101 It’s common knowledge that life expectancies are on the up, but few people realise that this also means a significant rise in cases of dementia. Studies show that the global prevalence of dementia ranges between 5 and […]
Rules of Financial Planning for a Special-Needs Child
“I wouldn’t change you for the world. But I would change the world for you.” (Anonymous) Don’t leave things to chanceA budget is key to any good financial plan, and in the case of a special-needs child, it’s even more crucial. Start by plotting an expense timeline detailing the medical treatments, care requirements and any […]
Five Things to Check when a Loved One Passes Away
At a time of loss, no one wants to concern themselves with details. Yet, often, making a few simple phone calls can make this period a lot easier. Following the death of a loved one, many people neglect to consider the built-in support and relief provided by many financial products. And in a difficult time, […]
What is financial coaching, and why do you need it?
A good coach helps to provide support and accountability in any area of your life. And while there’s nowhere that kind of relationship wouldn’t make a difference, it’s especially useful when it comes to finances. Handling your financial well-being, after all, can be tricky. It’s a combination of emotions, experiences, and good ol’ fashioned education. Unfortunately, when […]
9 Ways to Avoid Emotional Investing
Have you ever looked back at your investment track record and thought about how stupid an investment was? I know I have. Investing is an emotional game, and it can lead us to make some terrible financial decisions when we let our emotions get involved. That’s why we need to put systems and rules in […]
