3 Start-Small Financial Goals for Every Woman
Getting control of your finances is a big task, but you can always start small. Three mindful steps could get you on the right path. During Women’s History Month, we celebrated the women who have contributed to society in ways that have changed our world. We also reflected on the advances women have made in […]
6 Reasons Why You Need a Budget
The importance of making a budget is a financial lesson that cannot be overemphasized. If you and your family want financial security, following a budget is the only answer. Still not convinced? Below are six good reasons why everyone should create and stick to a budget. KEY TAKEAWAYS If you’re like most folks, you probably aren’t following […]
Understand the emotional side of financial planning
Many financial advisors focus on the practical aspects of financial planning when developing retirement portfolios with their clients. They will discuss the features and benefits of various investment options, tax implications, risk levels, sources of revenue and expenses that could affect retirement, insurance and long-term care riders, and other matters. The emphasis is mostly logical […]
Here’s how much you can save if you put your 13th cheque towards your bond
Business Tech ~ Staff writer Homeowners who are fortunate enough to receive a 13th cheque or a bonus payment at the end of the year, should use at least part of it to reduce the capital portion of their home loan. That’s the advice of Carl Coetzee, chief executive officer of bond originator BetterBond, who […]
Have I saved enough?
You require at least savings of 17 times your final annual salary to earn an income of 75% of your last pay cheque, escalating at inflation annually, for a period of 30 years. To break this down and to track your progress you’ll need to meet the following savings milestones: 2 times your annual income […]
