The cost of raising a child….

The cost of raising a child….

Recent stats from the UK show that it costs the average British household GB 7 026 per year to raise a child from birth to 5 years old. That’s around R130 000 per annum. Research on South African middle income households show that it costs around R90 000 a year to...

The magical rule of 72

The magical rule of 72

Future value of your investment. If you want to know how quickly or slowly for that matter your money will double in value then simply divide the expected rate of return into 72. The result is the number of years it will take. For example: You invest R10 000 at an...