Governments have to weigh feedback loop of health and business crises

admin Illness, Lifestyle, Retirement

Though the Covid-19 pandemic is unquestionably a health crisis, focusing only on the health aspects of the virus is too narrow a perspective. Much more is occurring than a health-care challenge. The global financial crisis of 2008 originated from poor financial practices. The lasting consequences of the financial crisis led to a business crisis, which led to a health-care crisis. …

Tough times call for tough financial decisions

admin Planning, Retirement, Savings

For most people, times could not be tougher, and implementing a budget will go a long way in taking ownership of your finances. Knowing where you spend – and where you want to spend your hard-earned money, will have a substantial impact on your long-term financial well-being. This is according to Duann Cronje, a Certified Financial Planner at Fiscal Private …

Retirement savings quandrum when considering emigration

admin Planning, Retirement, Savings

With all the political and socio-economic challenges in South Africa emigration numbers continue to rise. Those remaining in the country are questioning if a retirement savings investment is worthwhile when emigration remains a future option. Elena Bevilacqua, Certified Financial Planner ® professional at Fiscal Private Client Services looks at the concept of saving for retirement, “As soon as one starts …

Seven cures for a lean purse

admin Education, Illness, Investment, Lifestyle, Planning, Retirement, Savings

– Age-old money lessons from 1926 that apply in 2020 There is much uncertainty in the world today and the effects of the coronavirus pandemic has had a significant impact on the financial and emotional well-being of many South Africans. COVID-19 and the consequent lockdowns have plunged many countries into recession in 2020 with the steepest per capita income contraction …

Planning for Living Longer and Living Well

admin Lifestyle, Retirement

At a recent lecture which Fiscal director and CFP Kate Brown presented at UCT on health, wealth and attitude related to ageing in the context of integrated financial planning, she highlighted: “Courage and Kindness are two of the most important ingredients in the recipe for living longer and living well.” “Most people avoid thinking about ageing and the financial, health, …