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“We make a living by what we get, but we make a life by what we give.” (Winston Churchill) We often look at numbers when planning our finances: how much do we earn from investments, how much have we saved, and when will we be able to retire? These are very important...
“Social media is merely an extension of real life, not a substitution.” (Abhijit Naskar) On social media, anything can go viral. And that includes financial advice. Platforms like TikTok have encouraged the spread of some interesting ideas, including three notable...
“The biggest problem with communication is the false belief that it has happened.” (George Bernard Shaw) Navigating casual financial conversations isn’t about avoiding the subject altogether. It's about handling it with purpose and grace. The point isn't to pore over...
All that glisters is not gold.” (William Shakespeare, The Merchant of Venice) 1. Cash ain’t king Let’s cut to the chase: cash is not optimal for long-term investments. While it is the safest asset class, shares, property, and commodities generally produce better...
“We make a living by what we get, but we make a life by what we give.” (Winston Churchill) Writing a will isn’t only about dividing assets – it’s about expressing your values, protecting your family, and reducing the risk of conflict after you’re gone. Yet many South...
“The bluntest pencil is better than the sharpest mind.” (Unknown) The Festive Season is traditionally a time for giving, and it seems a pity to have to mention the hard realities of the law right now. But, as a recent High Court dispute confirms, things can go...
Your Foreign Discretionary Allowance Every taxpayer has an annual Foreign Discretionary Allowance (which runs from 1 January to 31 December), which allows them to spend/send rands out of South Africa. You use this to pay for foreign purchases (like your Netflix...
“In the face of too many choices, we often choose nothing—and pay dearly for it.” (Barry Schwartz, The Paradox of Choice) Everyone knows about FOMO. But have you even heard of FOBO, let alone contemplated how it might be kaiboshing your wealth...
"An investment in knowledge pays the best interest." (Benjamin Franklin) One of the biggest hurdles for new investors is the jargon. The investment world is filled with acronyms, technical terms, and specialist language that can be intimidating. But this...
“A rich person should leave his kids enough to do anything, but not enough to do nothing.” (Warren Buffett) In the next couple of decades, families with intergenerational wealth will be transferring far more than assets (including homes, holiday homes, and successful...
