The idea that retirees can live comfortably on about 75% of pre-retirement earnings is a common guideline, but it’s increasingly less reliable for South Africans. Here are SA-specific factors and why the rule may not hold: Healthcare costs and medical aid: Medical...
Allocating your income wisely is crucial, especially with the 30/30/40 rule. Consider how you spend your money effectively. If you allocate carefully, you’ll ensure you’re living within your means and not overspending. Imagine a car salesman questioning whether a car...
Financial systems tend to create more opportunities for the wealthy Han the ordinary man in the street. Structures and legal frameworks which are only accessible to the wealthy provide super tax advantages. How the Wealthy Benefit. Wealthy people own big, growing...
Many books argue that personal finance is rigged: hidden fees, confusing products, and sales pitches that favor the wealthy. For the lay reader, here’s a straightforward take on what this means, why it happens, and what you can do about it. What the claim is saying...
In recent times gold and Bitcoin prices have found record levels. Intrinsically, they are very different. Gold is tangible whilst Bitcoin is cyber. Both do have an element of scarcity which drives their prices Total gold in the world is 244 000 metric tonnes of which...