Losing a loved one is hard. It’s even more difficult to deal with such a loss in the face of long and complicated estate administration processes. It can become emotionally and financially taxing. In South Africa, it is not uncommon for a deceased...
Welcome to "Life Behind the Numbers," a Discovery Life podcast series. Together with experts from Discovery Life, I delve into the latest trends from Discovery Life’s claims research, highlighting the need for both physical and financial protection...
When you build and manage your investment portfolio yourself, this is often called DIY (do-it-yourself) investing. In this article, we explore the pros and cons of DIY investing and how to get the most out of your strategy. South Africans are...
A new non-profit organisation called Foster aims to rattle some cages by providing free debt counselling services to qualifying consumers. Debt counselling can be a lifeline to those who are truly over-indebted and there are many stories (like...
Introducing the Santam Insure Your Future Money Bootcamp podcast series. Are you ready to take control of your financial future? The Santam Insure Your Future Money Bootcamp podcast series is here to guide you through a transformative journey that...
Carl Coetzee, Joint MD of Capital Legacy, has some valuable advice and tips for homeowners when it comes to estate planning. If you own a home of your own, have you thought about what will happen to it one day when you pass away? With as many as...
SARS is upping its debt-collection game, so if you’ve got tax debt, now is the time to do something about it. If you are in debt with SARS or have received a notice of final demand, there’s no need for panic, says Thomas Lobban, Tax Legal...
The South African Reserve Bank has launched the Corporation for Deposit Insurance (CODI) which manages the country’s new Deposit Insurance Fund (DIF). This is a dedicated insurance fund that provides protection for bank deposits of up to R100 000...
In this episode of the My Money My Lifestyle podcast, host Maya Fisher-French delves into the financial complexities of divorce with financial planner Kirsten Smit of Citadel Investments. They explore the alarming rise in divorces, particularly in...
Most of us have received spam calls promising to solve our debt problems and to reduce the interest rates on our loans. In some cases, the caller pretends to be representing the National Credit Regulator (NCR) or claims to be from some government...
John Biccard, Portfolio Manager of the Ninety One Value Fund, argues that “SA Inc” shares offer great value at the moment, but that conviction and courage are required to tune out all of the negative noise. A value investor sees the future for what it is – uncertain....
With 100 days to go until implementation of the “two-pot system” for retirement, Keith Peter, Advice Manager at Old Mutual Personal Finance, says that the best approach is to maintain your current strategy and avoid prematurely accessing the savings pot as far as...
The current draft bill does allow a savings pot component for preservation fund members. There are several steps that still need to be taken to bring the so-called “two-pot retirement system” into law. Although the National Council of Provinces approved the Pension...
In this episode of the My Money, My Lifestyle podcast, I am joined by investment expert Debra Slabber from Morningstar South Africa, to discuss the fundamental principles of investing. Discover why simplicity is your ally, how your savings rate impacts your financial...
This year, almost half of the world's inhabitants will head to the polls to elect their new governments, including eight of the world’s 10 most populous countries. “In South Africa, we can expect our own election to put the property market into a temporary holding...
The prevalence of mental health disorders in South Africa is among the highest in the world. This understandably affects the way we manage our money. South Africans have a unique set of circumstances that makes many of us particularly vulnerable to mental health...
The prevailing interest rate is one of many factors that influence the decisions being made by home buyers and sellers. With interest rates currently high, prospective buyers and sellers must carefully evaluate the implications of their decisions. Last year was...
In this episode of the My Money, My Lifestyle podcast, I am joined by financial adviser Munya Shumba to address a critical yet often-neglected aspect of financial planning: prioritising your own financial future rather than solely focusing on your family's needs. We...
Although interest rates have stabilised, a weak economy and high levels of debt mean South Africans remain financially vulnerable. If you’re struggling with car repayments and are at risk of having your car repossessed, what steps can you take? When you drive your...
How do we live today without being careless about tomorrow, asks Pieter Albertyn, Head of Product Solutions at Momentum Investo. In his State of the Nation Address, President Cyril Ramaphosa used the example of a child called Tintswalo to illustrate how far our...