Category: Individual

Apocalypse (Not) Now – What to do now that Moody’s has downgraded RSA to junk status

Apocalypse (Not) Now – What to do now that Moody’s has downgraded RSA to junk status

It is true – the country has been down-graded by the last remaining ratings agency, Moody’s, that thought South Africa was worth investing in – somewhat. It would be really bad news, if we don’t take into consideration that the whole world is facing two crises. We are all battling the COVID-19 virus and markets are volatile everywhere.

A Tale of (Many More than) Two Cities – Life and Times in South Africa during COVID-19

A Tale of (Many More than) Two Cities – Life and Times in South Africa during COVID-19

Before we continue to look at the key elements of President Cyril Ramaphosa’s address to the nation, let me say this: history tends to repeat itself – for better and, sadly, for worse. As the human race and, in particular, as a country, we stand on the precipice of history. The next move is ours.

ABCs of budgeting # 1 (and no, ‘Budget’ is not a swear word)

ABCs of budgeting # 1 (and no, ‘Budget’ is not a swear word)

I believe it was President George Bush who said: ‘It clearly is a budget. It has lots of numbers in it.’ You may not like numbers. You may not be good at math. You may go as far as saying that life cannot be reduced to mere numbers. But here you are – reading a blog about budgets.

Advice on first homes and first real grown-up debt

Advice on first homes and first real grown-up debt

Buying a house is a scary prospect and may be something that you have put on the back burner. You may tell yourself that you are being wise – after all the current economic climate is dicey and you may worry about the future. However, do you know that should you buy a house, you not only save on rent (in other words paying someone else’s bond) but your asset may well make a profit after the first year? This means it is one of the better debts you may enter into in your life time. Admit it, the vast majority of us yearn for a place to call our own…

Dreaming of a different life on foreign shores – tax and working abroad

Dreaming of a different life on foreign shores – tax and working abroad

When the South Easter blows and crime and politics depress you, you may be excused for becoming restless. You may start to wonder if you could stomach foreign cuisine for a while… You are not alone. Many South Africans are opting for working overseas for a period of time in order to secure a better income.

Tax, tax breaks and taxing thoughts about becoming older

Tax, tax breaks and taxing thoughts about becoming older

Your company has a pension scheme – a good one, you are told – and you have savings in the bank. However, people are living much longer these days – generally 30 years past retirement. And life keeps getting more expensive – inflation is outpacing the interest you receive on the savings in your bank account…