Learning the ABC’s and counting to 10 are part of everyone’s early education. But what about learning the value of money; how to save, what to save for and how to manage a budget? All of us use the money on a daily basis, yet most South Africans do not learn how to work with money especially during the early …
Money skills to help you retire when you want to
Most of us think that by the time we are 60 we can sit back, relax and have an endless holiday. However, when you retire you will not have a regular income anymore and therefore have to depend solely on what you have put away in your working years. We have a few tips that you can implement now so …
Insurance pioneers partner to offer best of breed financial wellness for ordinary South Africans
Insurance pioneers, Simply and Iemas Insurance Brokers have formed an insurance distribution partnership that brings together leading-edge insurtech, innovative life insurance products and a strong distribution network. The Simply founders, with backgrounds in tech and life insurance innovation, set out in 2016 to shake up the SA life cover market. The idea was simple: use the rapid acceleration of various …
How to save money during load shedding
For South Africans, load shedding is a reality; however, there is a bright side to this dark cloud. Here are a few ways on how you can save money during load shedding: Switch to gas: Apart from the instant heat that it provides when cooking, it also has a higher heating value, allowing you to heat your home at a …
Here is what you need to know about the budget speech
On Thursday 20 February 2019, Finance Minister, Tito Mboweni, delivered his budget speech in Parliament with no increases in personal or income tax. However, according to the finance minister, this is where we will see tax hikes: Sin tax: These will be the following tax increases in tobacco and alcohol beverages: Can of beer: 12c increase to R1,74 …
Iemas Financial Services looks at the impact of low or negative economic growth and how to cope financially during these trying economic times
In April 2018, the International Monetary Fund (IMF) estimated that the South African economy will grow by 1.5% this year. However, the fund recently revised its projection to 0.8% since the country moved into a recession in the second quarter of this calendar year. In addition to the IMF, the World Bank and the Reserve Bank also changed their growth …