General finances – Resource allocation, that is, the process, markets, institutions, and instruments that facilitate the transfer of money and wealth
What is debt review? Mrs Latte decided to max out all her credit cards, buy a billion rand house. She crashed her Porshe just last week which the insurance didn’t pay out – because she was driving from Johannesburg to Cape Town at 739 km/hour. She has a debt problem. Read more…
On the brink of death Everyone in the personal finance community thinks financial advisors are the used coffee grounds that should be used for fertiliser. Many outside the community have experienced shocking fees, excellent service and mixed reviews about what they actually do. For this article I would like to Read more…
Why would I want a home loan? Not everyone can afford to buy property cash. Some of us need some help by getting a loan from a bank. Other people want to help the bank finance an investment property. If you’re looking to get a loan from a bank, then Read more…
Compound negativity Have you noticed how many people want to either leave the county, leave a relationship, leave an investment or just leave life recently? Negativity is not unfounded. With the political landscape, economic climate, relationship issues that people have it’s understandable that life can be hard. It is similar Read more…
Get that lazy meal plan going! Do you have a meal plan? Did you know that a meal plan will not only save you money, but also simplify your life to focus on things that are actually important? As absurd as this might sound, it’s true! Imagine the free time Read more…
Lifestyle inflation and lifestyle creep The other day I had a chat with a friend. He told me he needed a bigger house, as the 2 bedroom home isn’t big enough for him, his wife and the baby. Being Frugal, I started asking questions about wants and needs: Do you Read more…
Losing your job and getting retrenched Its not easy when you stare retrenchment or the loss of your income in the face. It was there – 40+ hours a week, and now it’s gone. Though it’s hard to stay positive in such times, I want to encourage you that you Read more…
Plan to fail or fail to plan People can make plans so complicated – especially financial plans. But it shouldn’t be. You should be able to get a one pager together to help you know where you want to go financially – and I really hope it’s not in debt! Read more…
What legal entity should I buy my property into? The question of whether to buy a property into a trust, company or on your own name is one I get exceptionally often. Many people want to know what the pros and cons are, the cost-effectiveness and why people are even Read more…
Risk, balance and returns In which money machines/asset classes should I put my money that will offer me the best return at the lowest risk? I get this question a lot, and there is a simple answer for it: None. 99% of cases gives higher returns with higher risk. We Read more…