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The income you earn is one of the most important assets you have.

If something where to happen to you, you want to know you are sufficiently covered without becoming a financial burdenon your loved ones. 

In this episode we discuss what income protection is, the importance of it and why we think it’s vital to have.

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What do you do when an emergency comes up and you don’t have a planned envelope?

This is a learning curve, and it teaches you what your next bucket must be.

Having the unexpected envelope (with a limit to it) helps you manage your finances until you have a bucket for that unexpected event.

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A correct beneficiary nomination is one of the most critical steps in financial planning.

Life policies and certain investments allow for a beneficiary nomination.

An incorrect beneficiary nomination could impact your estate and may even cause issues in your family if not updated.

We discuss the various implications.

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In this Episode we give you a glimpse of what our client meetings are like. 

Each client meeting will be slightly different, but the foundations will always remain the same.

We believe in holistic financial planning and addressing all the important aspects of financial planning.

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Everything including investing has its ups and downs.

In this episode we discuss how preparation is key and how to prepare for each season.

If you can keep in mind that the seasons may change this will help you stay investedthrough good and difficult times.

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Psychology plays a big part in the way we may or may not invest.

Fear and greed can negatively impact your investment goals.

In this episode we bring to light how this can impact your investing.

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What is a Ponzi scheme and how can you avoid this scam. It can be described as robbing Peter to pay Paul.

If it sounds too good to be true, then it is!

We discuss what warning signs to look out for.

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In this episode we discuss the different elements of money and how certain elements may be blocked or more difficult for you to manage. Our relationship with ourselves impacts our relationship with money.

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Do you know what interest rate you are being charged on your credit card? Most people don’t know.

We tend to see the credit card limit as our money and an emergency fund, and we don’t see how this impacts our future self.

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In this episode we explain how your money is taxed in a bank savings or a money market account. 
The amount you can hold in a bank savings, or a money market account without paying tax will depend on:

1.Your interest exemption bracket.( Under 65 years of age is R23 800 over 65 years of age is R34 500).

2.The interest you earn.

To calculate the the value of the investment until you pay tax, please apply the formula below.
Interest exemption / funds interest rate = Maximum amount before you will start paying tax.
e.g., R23 800 / 6,45% = R368 992.

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Please subscribe to our podcast or have a look at our website
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