The phrase ‘Saving Towards Retirement’ is loaded. There’s loads of information to wade through, and an undercurrent of fear that you don’t have enough. In my conversations I’ve started to pick up on some personal money myths that might be hijacking our reason.
Your tax check-list
A brief checklist to help you collect the information for your next tax return throughout the year, and check your auto-assessments
Retire: Two-stage FIRE spreadsheet
Over the last few months, we've been discussing what early retirement would look like to those who have Regulation 28-compliant pension funds or other retirement products. Our friend Kris Naidoo came up with a strategy that would help him utilise the funds he amassed during his working life to fund an early retirement, even though ...
Your effective tax rate
Being in the middle of the 2020 tax filing season and halfway through the 2021 tax year, we wanted to clarify how the SARS tax brackets work and what your effective tax rate is for each. South Africa applies a sliding scale to determine the relevant tax rate. This isn’t the case in some other ...
Cash Club: Shopping for medical aid
Identifying the right medical aid for your needs can be as frustrating as trying to solve a Rubik's cube for the first time. It's never clear exactly what is covered in a particular plan - at least not in plain English. This blog post takes a closer look at the important things one needs to ...
Cash Club: When an emergency hits
Any financially savvy person will tell you that an emergency fund is the most important piece of your portfolio, and that you should have enough cash to cover your living expenses for three to six months. When it comes to emergency funds, I realised two things: 1. When I'm in an emergency, I'm not saving ...
Cash Club: How I use debt
Anyone that knows me knows I don’t like being in debt. Thanks to the Fat Wallet I cringe every time I have to take on debt. The problem is not earning a lot makes it very difficult no to take some debt. The only debt I have at any given moment apart for my cellphone ...
Podcast: If not equities, what?
We can all assume the chief economist at Stanlib knows a thing or two about the world. Imagine my alarm when I read he thinks we need to fall out of love with equities. Thankfully the headline was just clickbait and Kevin Lings said nothing about Bitcoin. If you let yourself read beyond the headline ...
Minimalism: 5 ways minimalism helps your finances
Minimalism really comes down to finding out what really matters and removing the rest. Whether that means physical stuff, mental clutter, emotional stuff, commitments and everything in between - you pare down to the core of what matters. This becomes very real to me, especially now that I have a baby in the house. We ...
Minimalism: Can you eat it?
With all the “-isms” around, do we really need another one? In this case, we do. Minimalism is when you remove all excess until only the truly essential and important remains. Most people think minimalism is easy when you’re rich. You already have a lot of stuff to get rid of, you can make even ...
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