One of the hardest aspects of working with tax and tax law is that the rules change slightly every year – making it tricky dice to roll without an expert on your team. There will be a new law soon that legislates how much tax you as a South African must pay on money you do not earn in and from South Africa. On 1 March, the new section 10(1)(o)(ii) of the Income Tax Act (known […]
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Share the love with your wallet
Is it time for some romance without the rands? You can sweep someone off their feet whilst keeping yours on the ground. Valentine’s Day has gained the reputation of being a Hallmark holiday that promotes Lindt rather than love. Ahead of rushing off to the shops to buy a big bunch of flowers or box of chocolates, you may wish to take a moment to reflect on the meaning behind the day and how you can […]
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What to consider when saving for education: Part 1
“Education is the most powerful weapon which you can use to change the world.” – Nelson Mandela Education is not about learning what to think, but rather it’s how to think and thrive in the world. Whichever route you decide to take, it’s going to involve spending money. Whether you send your children to a public or private school, or choose to homeschool or unschool, there are financial obligations that can cause immense stress and pressure […]
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What’s the state of your budget?
Each year we are presented with our president’s State of the Nation address and the finance minister’s budget speech around the same time. The SONA is closely linked to how money is spent; it’s a powerful reminder for us to consider the close link between our lives and our budgets! Good finances begin and end with good budgeting – when you have a good budget and stick to it, you’re often 90 percent of the way […]
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“Old age comes on suddenly, and not gradually as is thought.” – Emily Dickinson The cost of money-silence is high. According to an article on pbs.org, half of all nursing home expenses are ‘paid-out-of-pocket by families.’ Some research has shown that adult children are paying an average of R150k per year for their parents’ care. Not wanting to seem greedy or presumptuous, many of us avoid important conversations where we need to talk to mom and […]
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Breathe cleaner air in your home
Here’s all you need to know about houseplants! We live in increasingly polluted environments – both inside and outside! Trees and plants remain the best ‘machines’ for pumping down carbon dioxide and supplying us with clean air. Without good, clean air, we have less energy and are more prone to allergies and poor health. If you want to improve your home or work space, here are a few reasons why you could consider plants in your […]
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Recognizing your kids in your wealthspace
“Children are not things to be molded, but are people to be unfolded.” – Jess Lair Kids are learning all the time. It’s not just when we’re ready to teach them, arrange a lesson or send them to school. As we grow older, we’re reminded that learning never ends either. With this in mind, your kids are going to learn about money from everyone around them so it’s important to be deliberate and intentional around helping […]
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Global macro trends for SA investors to watch in 2020
Every investor has their own unique style when it comes to the rigorous decision-making process that goes into what to include in their portfolio and how to weight it. January, with the fresh perspective that comes from a break and a new financial year pending, is often the ideal time to take a look at investment decisions from a new angle. One of the most useful ways to do that is the big picture look at […]
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Have thriving conversations with your team
“Individually, we are one drop. Together, we are an ocean.” – Ryunosuke Satoro In a world where water is an intrinsically valuable resource, it’s a great analogy for the value of teamwork and community. Whether you’re a leader or a team-player, great intentions make very little impact when they aren’t turned into great conversations. Part being a supportive team member (or leader) requires us to encourage our colleagues to talk about our ideas openly; whether they’re […]
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Four ways to invest differently this year
As much as we dislike the idea of New Year’s resolutions, January can bring with it a welcome burst of drive and energy to try and improve things from the previous year. When it comes to improving your investments, instead of focussing on maximising returns (which is never fully in our control), try focussing on the way you invest. Try out these four tips to unleash your best inner investor yet in 2020: Grow your patience […]
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