Personal Finance

Marriage and Money

Written by Tshepo Matseba
Monday, 19 December 2011 09:20

Tshepo Matseba, head of marketing at Momentum’s financial planning division, highlights the key issues that couples should consider before tying the knot.

What aspects of your partner’s financial affairs should you evaluate before getting married?

Their earning potential, as this will give you some indication of whether or not you are likely to have financial peace of mind. The starting point is survival, which is about having the means to fund basic necessities and day-to-day financial obligations such as a home, vehicle, medical expenses, and education for your children.

Saving for your goals in five simple steps

Written by Tshepo Matseba
Monday, 03 October 2011 18:12

It is never too late to start investing, writes Tshepo Matseba. Here is how you can ensure that your money works for you. By now most of our goals for 2011 have either taken hold or bitten the dust. Have you managed to stop smoking or made it to the gym every morning? Without beating yourself up too much, it is important to realise that this type of goal can fall by the wayside. However, do not wait ’till the year ends before you realise your goal.

If one of your more important goals was to get your finances in order, there is still time to get started.

After getting your debt under control, growing your money through investing is your next best move. The most important lesson is that investing is more about developing a well-thought-out strategy suited to your individual needs than guessing and trying to predict where the quickest money is to be made. Here are five simple steps to achieving your investment goals.