When people talk about wealth, they tend to think of material possessions. But true wealth requires a mindset that goes beyond just accumulating money.
People who are really wealthy, don’t necessarily have the biggest incomes or the fattest balance sheets. Rather, they understand that money is merely an enabler that helps them live the lives they want to lead.
Read on to learn how to think differently about wealth and why it is about more than just your finances.
Living Wills: A Must Have, Despite the Grey Areas
A Living Will is a document describing your preferences for medical treatment if you are terminally ill or critically injured and are unable to communicate.
Living Wills aren’t yet legally binding under South African law, but it’s still an extremely good idea to prepare one. Having your wishes expressed in black and white can provide much-needed clarity to both your doctors and your loved ones.
Read the rest of this article, written by people with first-hand experience of the topic, for a quick crash course…
Many people, when they hear about financial ‘risk’, think automatically about the chance of being defrauded and the horrible prospect of not getting all their money back.
Risk scares people, but there’s much more to it than that. Risk can also be a very good thing as it leads to higher returns in the long run when properly managed by a professional financial advisor.
Read on to learn more about the ins and outs of risk – and discover how and when to use it to your advantage.
Five Ways to Teach Kids About Money
Many parents worry that it’s too early to talk to their children about money. But the truth is that it is never too early.
Money habits are formed at a very young age. Research shows that many of the ways we think about finances can be formed even before we go to school.
Giving your children a sound financial education early in life is therefore one of the most lasting gifts you can give them. In this article, we look at five ways you can do that without it feeling overwhelming.