8 June is World Ocean Day, and it’s a worthy celebration. World Ocean Day is not only a powerful reminder to preserve our planet through daily conservation, it can also teach us a lot about how to manage our money for true, sustainable financial wellness. Like many things in life, money is what we make of it. But what’s a true worthy goal? There is so much noise surrounding finances – what to have and buy, […]
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Delicious savings – how to eat for a week on four meals
With tough economic times all around, a lot of us are trying to cut unnecessary expenses. Be that as it may, we still need to eat and feed our families. Yet who has the time to play chef and work a fulltime job? And who wants to eat mediocre meals just because the economy is in a slump? Enter the power of three – how to ensure meals for a week with minimum effort. It’s all […]
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Diversification – why you might be doing it wrong
We’ve all heard about the importance of diversifying… and most of us think we are diversified. But what if you’re doing it wrong? At WellsFaber, we believe that an important part of your financial journey is to minimise risks to your finances and future as much as possible. This is why we champion diversification. But many people misunderstand the idea of diversifying and the various reasons for it. Many people understand that investing all your money […]
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Why risk it? Four benefits of risk planning
Life is what happens when you’re making other plans, as John Lennon would say. Most of your lifestyle, quality of life and the events that define your life are up to you – your health, when you get married, your stress levels and so on. But sometimes things come along that you could not have foreseen or controlled – unexpected pregnancy, civil unrest, a sudden illness, an accident. Often, these unforeseen events are expensive. We believe […]
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Learning from others’ (big) mistakes – notes from Steinhoff
For those who tell you not to worry so much and just invest in anything, no need to do much research, you need only say one word: Steinhoff.
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A tale of two outlooks: Where to find value in the Market
It’s the best of times, it’s the worst of times, as Dickens might have said. At every conference and around every braai, South Africans are being told that everything’s going to the dogs.
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Four benefits of an independent financial advisor
One of the greatest sources of calm in a mad world is the feeling you get when you know that you have more than enough money and everything is organised and taken care of, so you can finance both now and your future. Don’t know that feeling? Not many people do. But then, many people think that they don’t need a financial advisor. ‘I took math, I know about money and keeping a budget, so why […]
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Mother knows best
It’s May, and we’re thinking about all things Mom. At one point in all our lives, mothers are the one fount of all wisdom, they knew everything there was to know about life. But what has that got to do with your financial journey? Perhaps a lot. Financial health and wealth is a pursuit as old as humans, and we are always looking for the new, best advice from the freshest website, newest TED Talk, Google… […]
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Trust issues – four things to check in your trust deed
Trusts as vehicles of wealth preservation have had some important regulatory changes over the past few years as authorities have attempted to shift them away from tax evasion and more towards a true, family-minded way to pass on assets.
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Can finances be a family affair?
Throughout the year there are clusters of holidays and long weekends when family comes to the fore. These moments are often an opportunity to step out of the frenetic hamster wheel of life, we now have long weekends and, for some, religious holidays to spend with those nearest and dearest to us. Which got us thinking – how much does your inner circle feature in your finances?
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