Have you ever eaten at one of those “countries of the world” type restaurants? If you haven’t, this is the basic premise. You get to try out all types of lekker chow, instead of ordering off a normal menu dedicated to one specific cuisine. Rather than going to your local Italian joint for dinner, you […]
Brendan Els
If I Insure My Life For A Short Period Of Time, Why Is It Called Long Term Insurance?
Do you have a couple of insurance premiums running off your bank account each month? You might be spending a few hundred bucks a month on life cover, funeral insurance, a policy to cover your car and household goods, and medical aid on top of it all. Did you know that insurance policies fall into […]
What’s All The Ruckus About Regarding Medical Aid PMBs? And Why Should You Even Care?
Our Health Minister Aaron Motsoaledi recently raised a few eyebrows with some controversial comments. It looks like some sweeping changes are on the way, and one of the targets is medical scheme PMBs and co-payments? While some of you might nod your head in agreement, most people, who belong to a medical scheme, don’t even […]
How Much Can My Bank Charge Me, When I Use My Credit Card?
Its dead easy to get your hands on credit nowadays. If you need cash, there are literally hundreds of lenders waiting in line to write you a cheque. An important part of effectively managing your debt is to have a good understanding of the different types of credit available to you, and the implications of […]
How To Work Out If You Are Saving Enough Money
In this post, we’ll look at one more financial planning sum that can help you stay “financially fit”. Grab a pen and paper and get that calculator App on your smart phone running. Savings Ratio No prizes for guessing why this calculation could come in handy. The calculation you are about to see shows your […]
Your ‘Back Of A Napkin’ Solvency & Liquidity Check Calculations
So many of us are armed with cool Fitbits and fancy Smartwatches that give us an update on how we are tracking against our daily health goals, but when last did you perform a basic “financial heath check”? The good news is that you don’t need a R5,000 piece of snazzy tech to work out […]
Should You Ditch Your Medical Aid Plan For A Much Cheaper Hospital Insurance Product?
Are you thinking about taking out a hospital insurance policy of sorts? Perhaps your medical aid contributions are getting a little heavy, and you are considering cancelling your membership, to free up some spare cash every month? Might be a plan, but before you pick up the phone and kick your medical aid to the […]
Now, It’s All Well And Fine Leaving Everything To Your Loved Ones, But Here’s Where It Gets Absurd
We think it was Benjamin Franklin who said, “In this world nothing can be said to be certain, except death and taxes.” The problem arises when both hit you at the same time. Think about the thrills of living in a capitalist society… You get your first job and what’s the first thing you do? […]
The Who’s Who On Your Life Insurance Policy
Most people think of life insurance as an arrangement between them and their life insurance company only. In most cases this is true, but sometimes things can get a little more complicated than that. In this blog post we’ll look at all the potential role players in a life insurance contract, and why it’s important […]
What Options Do You Have When Leaving An Inheritance To Young Kids?
You spend thousands of Rands, in your lifetime, paying for life insurance, and let’s face it, you’re never going to benefit from it personally. And for those of you who are concerned about leaving your young children without any means of financial support, you now face having to make a critical decision. What are your […]