Financial Planning for Youth

Financial Planning for Youth

Essentially, the financial plan for young people follows the same approach as for everyone. It answers the questions:Where am I now?Where do I want to be?How do I get there? The difference in the plan for young people is that it should cater for their probabilities of...
Moving in together is not just about the money……

Moving in together is not just about the money……

The financial benefits of cohabitation play a role in how people live in the US. About 2/3 of people who have moved in with a romantic partner say finances and logistics contributed to their decision and the share is even higher for younger couples. And while the...
Prime Lending rate is now 11.25% and rising…..

Prime Lending rate is now 11.25% and rising…..

The harsh but necessary increase of 0,5% in interest rates by the Reserve Bank this week was harsh and unexpected. It does, however, show how determined the MPC is to bring back inflation into the target range of 3% to 6%.  Dealing with rising interest rates...
Solar tax incentive…. who really benefits?

Solar tax incentive…. who really benefits?

The budget proposals delivered this week offered individual taxpayers a so-called tax incentive for solar installations made in the next tax year commencing 1 March 2023.  When drilling into the detail is it really that much of an incentive considering that we...
The Budget needs a miracle

The Budget needs a miracle

There are three aspects of a budget: Income (GDP) Income into our budget relies on taxes in various forms. VAT( everyone @ 15%) Income tax (only 10% of the population to a maximum of 45%) Customs and excise duties and sin taxes….. All of these pour into a pot to cover...