Lockdown has left many South Africans in financial despair. It's been tough. If you've got debt and feeling the pressure, you're definitely not alone! Let's explore how to deal with lockdown debt. Be kind to yourself Now is the time…
Tag: plan
Managing your finances without a plan is much like driving without a destination. You’ll never really know if you are there yet. In fact, you could be going in circles, or possibly drifting but you’ll never really know.
Making a financial plan is really not hat hard nor complicated. It just takes a but of focus and understanding your current situation and deciding where you want to get to. You can then break things down to small and achievable goals.
An important part of planning though is to understand that you can change your plans at any time. You need to constantly reassess your situation and decide if what you are doing is still the best path, and whether your ultimate plan is still relevant for your current circumstances.
Why you need a Will
Sponsored post It's not nice to think about death and no-one wants to start that conversation with a loved one. But why not? Surely you would want the best for your family after you die. Having the conversations, taking the…
Retirement planning basics
Sponsored by 10X Investments Retirement planning basics The idea of retirement may be scary, especially if you’re in your 40’s (or older) and haven’t given it too much thought up to now. Retirement means different things to different people though,…
Financial plan?
A guest post from a 40-something year old who left his retirement planning for almost-too-late. He's now getting his financial plan in place. As I continue the "Late-Starter journey" I realise that my financial life has worked out exactly as planned.…
Personal finance behaviour
Behavioural bias; you're only human You would be naïve to think that the daily financial decisions that you make are made in isolation from your emotional ones. We're only human and our personal finance behaviour is often as unpredictable as…
Tips to manage your finances during a crisis
There's a lot happening now that is beyond our control and for which we could never really have planned for. It's a challenging time for many and everyone's circumstances are different. How you manage your finances during a crisis like…
A Retirement Plan in uncertain times
Have you ever set a financial goal which you didn't reach? You really aren't alone because we live in a world fill of uncertainty and constant change. It might be easy enough to set short term manageable goal, but how…
Your special wedding day
Getting married is a truly magical experience but wow, it can be expensive, stressful and over the top! There is so much to consider when planning your wedding day. From family and friends, food, venue, weather, and the list goes…
How to budget for clothing
It's tricky to know how to budget for clothing as you don't necessarily need to buy clothes every month. In fact, depending on your personality and fashion sense you may only be buying clothes every 6 months. (And let's face…
Why spend money you don’t have?
It seems weird that anyone would spend money that they don't actually have but yet it happens all the time! Have you ever justified buying something by saying "oh well, it's payday next week anyway", or even worse "I'm buying…
Alternative retirement strategies
It's no longer sufficient to simply rely on the old-school path to retirement. We need to look at alternative retirement strategies. If you're wondering why I say this, then read on! The traditional retirement strategy I think that everyone knows…
How to fix cash flow issues
If you find that you're struggling to survive form paycheck to paycheck, then you may have some cash flow troubles. Let's explore how to fix cash flow issues in 6 steps. They're not all easy, but they can absolutely be…