When we retire, we rely on multiple streams of income to keep us afloat. The typical retiree will have a combination of Retirement Annuities (RAs), Tax-Free Savings Accounts (TFSAs) and discretionary savings. All of these will include shares, bonds and cash depending on the accounts you have. Determining how to use these funds in retirement …
When you ask anyone (and I mean anyone) they will tell you that having kids are expensive. Parent 24 puts the cost of raising a child upwards of R90 000 per year. That doesn’t sound far off. I did an article on the cost of sending your kids to school where we saw that in …
I am sharing my road to Financial Independence (FI) to help me get my shit together, or at least get you to think about where you are. The reality is that we all want to be financially independent. FI does not imply quitting your job and is not a synonym for retirement. It is the …
We work our whole lives saving money for a comfortable retirement. Then shit happens and we don’t put away enough money. We realise in a panic at the age of 60 that we will fall short at 65. Not by much, but just enough that we will need to sacrifice some luxuries in retirement. One …
There is a lot of software available in the international market that we do not have access to. Today I want to highlight some of the nifty finance apps we do have in South Africa to help us manage our personal finances. Most of these finance apps are free, so test them out for yourself …
I am sharing my road to Financial Independence (FI) to help me get my shit together, or at least get you to think about where you are. The reality is that we all want to be financially independent. FI does not imply quitting your job and is not a synonym for retirement. It is the …
On Sunday 10X released their second annual retirement report. I was fortunate enough to spend Monday morning with Steven Nathan and his team discussing some of the shocking stats that Brand Atlas gathered. The two things that stood out for me was the big discrepancy between the savings patterns of men and woman and the …
There is a common misconception that classifying things as economic bubbles imply that it is worthless. It just means that it is valued much higher than its intrinsic value. A typical definition states that an economic bubble is an investment that is bought simply because everyone assumes that it will be worth more tomorrow, for …
When investing in shares we are driven by two fears: The fear of getting in at the exactly the wrong time and the fear of missing out. After fighting these fears for months, you make the jump and invest some funds. Then you start staring at your investments like a hawk. If it goes up, …
I am sharing my road to Financial Independence (FI) to help me get my shit together, or at least get you to think about where you are. The reality is that we all want to be financially independent. FI does not imply quitting your job and is not a synonym for retirement. It is the …
