As we all know, life today is pretty fast paced, strenuous and totally unpredictable and that’s where an emergency fund comes in pretty useful when unexpected life events occur. I’m obsessed with being financially prepared and living with some sort of safety net to cater for life’s unexpected events and ever more so after the …
Investing can be a daunting task for many people, and it’s easy to put it off until tomorrow. But the truth is, delaying your investment can have a significant impact on your long-term financial goals. Time is your greatest asset when it comes to investing, and the earlier you start, the more time you have …
The 50/30/20 budget strategy is a simple and effective way I manage my personal finances to achieve long-term financial success. By prioritizing my essential needs, discretionary spending, and savings, I am able to stay on track towards my financial goals while enjoying life and having fun too. If you’re just starting your financial journey or …
Investing can be a rewarding and challenging journey. By following these investment lessons and sticking to a disciplined, long-term investment plan, you can improve your chances of achieving your investment goals. No matter your experience level, there are always lessons to be learned. Here are a few investment lessons that I have learnt along my …
Monthly Bond repayments per R1000 at different interest rates over different periods It is crucial for all homeowners to understand the key differences between a 20 year, 25 year and 30 year home loan. There are pros and cons to each term and deciding on the right one could save you thousands of Rands in …
I started to learn about money just after high school from various resources like books and online material. I wanted to understand how money works, how to get it and how to make it grow. My goal was to create and execute a financial plan so that I could lead a successful and satisfying life …
Saving money is a common goal for many individuals, but it can be challenging to find the right method that suits your needs. The 52-Week Savings Challenge below is nothing new but it is quite useful to implement as a savings plan . It’s a popular and effective strategy that encourages consistent saving over the …
My formula: Wealth = Freedom =Time The reason a vast majority of people never accumulate a substantial nest egg for financial freedom is because they don’t understand the nature of money and how it works. With each Rand I save, I am buying myself freedom. Since money has the ability to work in your place, …
Take control by planting small financial seeds today that will bear returns in the future Some people believe that you need lots of money to start investing, but just investing R500 monthly can add up to a significant lump sum over time. I have met people with relatively little who have managed their finances and …
Currently fear, uncertainty and volatility are everywhere in the markets and in times like these it is important to gain a little perspective to help quiet some of the market noise out there so that you don’t make any irrational emotional decisions. If you are investing for the long term then the biggest mistake you …
