MyMoney Online

Women – be aware of the 4 D’s in your financial planning

Speaking to Sam and Africa on Weekend Brerafkast, Financial Fitness Coach Paul Roelofse shared 4 important financial aspects that women should be aware of when constructing a financial plan...

If the worst happened to Mom then how does this affect the family? Who looks after the children and the home.The cost of finding a child minder and keeper of the home needs to be factored into a life assurance policy. If mom is earns an income this too needs to be replaced.

Disability

The same applies should Mom become disabled. The provisions also need to include Mom and the cost of her disability as well.

Dependency

Build your own portfolio alongside your spouse to create financial interdependence and tax efficiencies. Instead of relying on your husband to provide in the event of death retire ment or disability you should balance the family portfolio between yourselves. This allows for interdependence as should a death, disability or even a divorce occur, the spouses will each have their own provisions in place to maintain thier lifestyles.

Divorce

In the case of a divorce, make sure that there is a policy in place covering the maintenance in the event of death and disability of the ex. Also ensure the policy is owned by you so that you are notified by the assurance company of any default on the payments. You should also ensure that you are the nominated beneficiary so that the proceeds of the policy are paid directly to you outside the estate.

Read more from Paul Roelofse at www.investforlife.co.za

Read More
3 stocks that’ll boost your wealth this January (by Herenya Capital Advisors)

3 stocks that’ll boost your wealth this January (by Herenya Capital Advisors)

Looking for great investments? Herenya Capital Advisors’ Petri Redelinghuys says you need not look further than these three…

Financial advisor answers listeners' money questions

Financial advisor answers listeners' money questions

The Money Show’s Bruce Whitfield interviewed Galileo Capital Personal Financial Advisor Warren Ingram.

How I’m investing for my child’s education - share trader Garth McKenzie

How I’m investing for my child’s education - share trader Garth McKenzie

Share trader Garth McKenzie started a portfolio of 10 stocks when his son was born. It’s going quite well for him…

Invest yourself rich in 2017! 4 experts share some hot stock picks for the year

Invest yourself rich in 2017! 4 experts share some hot stock picks for the year

The Money Show’s Bruce Whitfield asks four portfolio managers for hot tips on where to put your money to work this year…

Moving? Getting divorced? Keep money in your pocket when change is in the air

Moving? Getting divorced? Keep money in your pocket when change is in the air

Personal finance consultant Samke (Sam) Ngwenya discusses finances in times of change.

6 signs you’re not as good with money as you think

6 signs you’re not as good with money as you think

Think you’re good with money? You may want to read this first…

Popular articles
Brother of man who died in Kuga opens up on air, discusses lawsuit against Ford

Brother of man who died in Kuga opens up on air, discusses lawsuit against Ford

John Maytham interviews Kaveen Jimmy; who says he has damning evidence against Ford.

Firefighters continue to battle the devastating Vredehoek fire

Firefighters continue to battle the devastating Vredehoek fire

It is reported that some structures were burned down. Residents have been evacuated with the help of police.

Cape Town dam levels could reach 20% by the start of rainy season

Cape Town dam levels could reach 20% by the start of rainy season

Heavy water restrictions will be implemented if high consumption continues.

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

What does Citadel’s famed disciple of contrarian, deep-value investing Dr Adrian Saville hope for (and fear) about money?

Trump bio ‘unlocks extraordinary personality and terrifying political leader’

Trump bio ‘unlocks extraordinary personality and terrifying political leader’

Bruce Whitfield interviews J Brooks Spector, Daily Maverick’s expert on all things American, for his weekly business book review.

3 stocks that’ll boost your wealth this January (by Herenya Capital Advisors)

3 stocks that’ll boost your wealth this January (by Herenya Capital Advisors)

Looking for great investments? Herenya Capital Advisors’ Petri Redelinghuys says you need not look further than these three…

‘3 richest South Africans have wealth equal to the poorest 28 million’ – Oxfam

‘3 richest South Africans have wealth equal to the poorest 28 million’ – Oxfam

The Free Market Foundation's Leon Louw, however, calls Oxfam "OxScam" and says the organisation does not care about poor people.