How to choose the best gap cover
So how do you choose the best gap cover? It really depends on your own circumstances but there are some key elements to consider.
How Gap Cover works
If you’re wondering how gap cover works, you’re not alone! Medical Aid covers healthcare professions up to a limit, but they charge more. Hence a gap.
Gap cover; another insurance
Gap cover is the insurance you need for the difference between what the medical aid will pay for a procedure or specialist versus what they actually charge
Do you need Critical Illness cover?
Critical illness cover is an insurance policy that pays out if you are diagnosed with one of the specific illnesses or conditions on a predetermined list.
Income protection
You’re more likely to be temporarily out of a salary due to chronic illness or the recovery from a medical procedure. Hence the need for income protection.
Managing your parents finances
Managing your parents’ finances if they are incapacitated is a tricky subject. Power of attorney works up to a point after which it is no longer valid.
Insurance for household contents
How to calculate the amount of cover you need for household contents. Being under-insured will have an impact on your claim payout.
A good reason NOT to pay off your debt
It could be contentious, but it’s probably more important to set up an emergency fund than pay off outstanding debt. A reason not to pay off your debt.
Where to save your emergency fund
Consider these fundementals when deciding where to save your emergency fund. Also see some of the misconceptions about using your home loan for this purpose
Manage finances as a couple
It can be tricky to manage finances as a couple. Check out this interview with Kaelo about he and his new wife manage their finances together. Great tips!
Managing finances as a couple
Managing finances as a couple can be tricky and can often lead to conflict. Read Peter & Vanessa’s story of how they do it and what works well for them.
Financial goals for 2020
Financial Goals for 2020 First published in City Press The start of a new year, and in fact a new
Spend less than you earn
The ‘not-very-secret’ mathematical formula for creating wealth and achieving the future you’re hoping for is not a complicated one; spend less than you earn