5 questions to ask yourself before blowing your early December paycheck
Many people will be getting paid early this month as they prepare for the holidays.
A fortunate few will also receive 13th cheques or bonuses from their employers.
But financial planner Paul Roelofse warns that bonuses and early December payments should not be spent before creating a budget.
He says January expenses need to be taken into account before money is spent over the holiday period.
The costs of January should come out of your paycheck now.Paul Roelofse, Certified financial planner
These are five key questions on Roelofse's checklist:
- Have you made an informed decision about your medical aid for next year?
- Do you have sufficient funds in your account for debit orders come January 1st?
- Have you set aside money for January expenses, including school fees?
- Have you had a valuation of your property for your home insurance?
- Is your car valuation up to date with your insurance provider?
We don't want to come back to January with surprises.Paul Roelofse, Certified financial planner
Listen to the expert financial advice:
FUL's Nicole Fritz says Goliath's claims add to a decade-old improper conduct complaint against Judge Hlophe by ConCourt judges.Read More
Aircraft expert Linden Birns says humans still have a psychological block despite available technology.Read More
Elisha Madzivadondo (“vegan since before he ever heard the word”) arguably makes the best veggie burger in South Africa.Read More
Tips (never get married in community of property) and tricks (Want nothing? Put in R1 per year for spousal support anyway.).Read More
An Arizona man dressed up a fake skeleton in the back seat to fool the traffic cops, but didn't do a very convincing job.Read More
Mazinyane's taking a year off from her UCT music studies to focus on performing. 'Ashanti Tribe' plays Selective Live on Sunday.Read More
Environmental activist Karoline Hanks reports back on the success of the Kakapo Project in Noordhoek and her other initiatives.Read More
Vitality Air (from Canada) bottles air in the Swiss Alps then sells it for $23 a can. It’s like The Lorax (Dr Seuss), but real.Read More
The Cape Town musician and her US foreign policy expert father Brooks Spector join Kieno Kammies in studio.Read More
The Mahindra KUV100 is the most affordable new car in South Africa. Motoring journalist Ciro de Siena took it for a drive.Read More