Your net worth is a personal balance sheet and provides a good measure of your financial health each year.
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A will is a very important document as it makes sure your wishes are carried out and protects your children when you no longer can.
Now is a great time to do your financial admin and put together a “life book”.
Many people have had to cancel travel plans due to the coronavirus pandemic. Do you understand what is and is not covered by your travel insurance?
Whether or not you are able to exit debt review will be determined by where you are in the process.
As this is a leap year, 29 February marks the end of the financial year. All information up to this date will be included in your 2019/2020 tax return.
Make sure you have taken advantage of all available tax deductions before the end of the month.
Take a moment to think about what you did with your tax refund last year, if you were lucky enough to get one. Do you even remember?
The National Credit Amendment Act (NCA) was signed into law in 2019. The Act included provisions for debt relief.
As household budgets come under pressure, it's worth considering joint life insurance if you are a married couple with children.
Balloon payments are a way for consumer to buy a car they cannot really afford, and the real cost is seldom understood.
Comparing interest rates is not simple, especially when comparing interest on maturity with annual compounding interest and nominal interest rates.