Household budgets and national budgets may differ in scale, but they share three key aspects that are essential for effective financial planning, especially within the context of personal households: sustainability, equity, and accountability. Sustainability: Ensuring...
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...
The 2018 Budget speech created a lot of hype against the backdrop of major political change in our country for the better….. without question. From my point of view I found the budget proposals pretty clinical and distant from the current situation which South Africa...
The one big lesson we can learn from the Budget The 2015 budget proposal confirmed that we as a nation are between a rock and a hard place. It was clear that the minister needed to find every smidgeon of revenue (the rock) and try to curb expenditure (the hard place)...
Amongst the many questions asked on the Morning Breakfast Show during the year these were the most pressing. The common thread was that people were struggling to make ends meet and needed advice on how to manage their money better. Are money market accounts safe...