Passive income. More income, less effort

Earning passive income is an investment strategy that creates wealth gradually, without having to spend your whole life working for it. Applied correctly, you could earn money whilst sipping pink margaritas under a palm tree in the Bahamas.   Although it’s not quite as simple, it is nevertheless an important source of income. This is especially true for…

Spring clean your budget

Spring has sprung and all around us everything from the trees and birds, to the early morning exercisers are active and on the go. Traditionally, this is also the time that many of us embark on spring cleaning rituals – be it organising cupboards, washing curtains after the August winds, or getting our gardens prepared…

Recharge and reorganise your budget

A drawer full of invoices and another of unopened bank statements, a pile of receipts in the car and another collection in your wallet – sound familiar? Many of us lack the structure and control to keep our financial records organised and secure. But consider you can’t manage what you don’t measure, disorganised financial records…

Pravin Gordhan, the rand and how investors should position themselves

With growing tensions caused by the Hawks’ allegations against Finance Minister Pravin Gordhan, everyone is uncertain about South Africa’s economic outlook. What would happen if Pravin Gordhan is accused and found guilty? American multinational banking firm, Goldman Sachs, said in an internal newsletter that the downgrade of South Africa’s economy is unavoidable and would most…

Marriage is not a financial plan

Three essential elements to include in your financial plan when you get married   You’ve booked the venue, the dress and the photographer. Your wedding day is set to go off without a hitch.  But have you taken the time to discuss important decisions you should include in your financial planning with your partner?  …