The end of February marks the end of the tax year in our country, and this is a good time to take advantage of the incentives the government has put in place to encourage us to save. I meant to share this information with you in January already, please forgive me for the delay. The tax year runs […]
PLANNING FOR RETIREMENT
In a previous post I shared how, we as women, can economically emancipate ourselves, despite the challenges we still face as women in corporate South Africa (e.g.: The gender pay gap.) A recent report on retirement readiness in South Africa reveals that a majority of women do not have a retirement plan, suggesting that the […]
YOUR MATRIMONIAL REGIME AND YOUR FINANCES
Your marital status and Matrimonial regime impacts on almost every aspect of your estate and financial planning. Before we delve any deeper, let’s discuss the marital regimes in South Africa. There are basically only two marital regimes in terms of South African Law: In community of property; or Out of community of property with application of […]
MAINTAINING A GOOD CREDIT SCORE
In a recent post, I shared a bit about the difference between good and bad debt. While you should try to avoid debt as far as possible, there are forms of debt which are necessary and therefore considered to be good debt, an example being a home loan. As a follow up to that post, I thought I’d share some tips on […]
GOOD DEBT VS BAD DEBT
The question at the top of your mind right now is: “Is there such a thing as good debt?” I’m right, aren’t I? 🙂 While you should try to avoid debt, there are forms of debt which are necessary and therefore considered to be good debt. Good debt is an ‘investment’ that will grow in value, […]