Your financial health is just as important as your physical health. Yet, while many South Africans work hard to stay fit and eat healthy, they never take the time to check whether their finances are in good shape.
Part of the reason may be because it’s difficult to know what to look at. But this doesn’t have to be complicated. Here are four key indicators that’ll help you to assess your financial health and get a sense of your financial position.
Do You Need a Second Will for Your Overseas Assets?
Increasingly, South Africans are acquiring foreign assets – investments, bank accounts, properties and the like.
If that applies to you, you’ve no doubt wondered whether your local South African will is enough to cover all your assets globally, or if it only applies to your local assets?
We’ll share some thoughts on when it’s a really good idea to have more than one will, how to go about preparing one, and how it will play out after your death.
6 Signs it Might be Time to Pivot
The biggest benefit of small businesses is their adaptability. It’s much easier for a small business to pivot and change course when things are going wrong.
But how do you know it’s time to change direction rather than hold the line or even throw in the towel altogether? These six signs, taken together or on their own, might mean it’s time to go a different way.
Market Update: Trump’s “Threaten-Retreat-Threaten-Retreat” Rollercoaster Rattles Investors
Trump’s tariff and Federal Reserve-bashing about-faces in April sent financial markets into a tailspin, but also highlighted the mounting pressure on his administration to prevent the US economy from sliding into recession.
This erratic “threaten-retreat-threaten-retreat” cycle highlights the importance of investors biding their time. It’s better to wait until the true impact of his final decisions becomes clear instead of reacting to every tweet or decision he makes.