The price of fuel is expected to go up at the beginning of October after a recent period of fuel price reductions. This can affect people that spend a lot of time commuting quite drastically, but the more time you spend on the road the more opportunity you have to drive economically and try curb […]
Category Archives: Blog
Spring clean your finances
Spring cleaning is simultaneously exhilarating and exhausting. The process of clearing out old ‘junk’ is reinvigorating and mind-easing, however it also feels like a drag. And many people feel the same about their finances, but organizing and simplifying your financial situation can help set yourself up for financial success. Here are some tips to help […]
Seriously, don’t throw your money away – Part 2
I have read countless money saving blogs and most of the advice sounds somewhat obvious, but I find that I still need reminding; and every now and then I’ll come across a fresh tip that really makes a difference. We all slip up every now and then, so here’s my reminder to you. Here are […]
Investment insights – diversifying your portfolio
Investment diversification is not a new concept. I’m sure that we all know the old saying that you should not put all your eggs in one basket. If a “basket” drops, you don’t want all of your investments to break. Diversification reduces risk, making the uncertain journey to your financial end-goal significantly smoother. Investing is […]
Don’t throw your money away – Part 1
It’s relatively easy for your monthly budget to spring some leaks that are easily overlooked. You may not view it as throwing away money, but that isn’t the correct mindset to have if you plan on saving. As the famous Benjamin Franklin saying goes, “A penny saved is a penny earned”. An extra R50 in […]
Don’t wait until your thirties – Medical for young adults
Just because you are young does not mean you are insusceptible to chronic conditions and dread diseases. Adding to this; accidents happen when you least expect them. There is a perception that if you are young, you don’t need medical cover, but that is far from the uncomfortable truth. Technology has us leading increasingly sedentary […]
Return Drivers and Risks in the SA Listed Property Sector
In South Africa the listed property sector is one of the most contentious areas of the JSE. At Lifeforce Financial Services we like to keep abreast of the battle of the bulls vs. bears – without picking a side. We know that everyone has their own investment style. In the one corner you have the bulls. […]
Yoga for your financial plan
Whether or not yoga is your thing, you’re probably familiar with it. The practice of yoga has become popular enough that most people know what it is, but I bet you didn’t ever associate it with financial planning. Here are some core principles of yoga that relate to a disciplined financial plan: Balance Is central […]
A woman’s will
Happy Women’s Day for tomorrow! In celebration of Women’s Month I wanted to share an article that focuses specifically on a financial planning aspect that is often overlooked for women. Recently, the Fiduciary Institute of Southern Africa (Fisa) discussed some important financial planning considerations for women that highlighted the need for an up-to-date will. It […]
Good habits to help you out of bad debt
You need to earn a lot to be well-off, right? Not so. Wealth is as much about controlling debt and spending as it is about income. If you earn a moderate salary and are free of short-term debt then you’re probably in a better financial position than someone who earns more, but spends it all […]