Good financial management can be simple: spend less than you earn, avoid debt and invest from a young age.
Unfortunately acting out the basic principles is not quite that simple as it requires a certain level of financial discipline and also self-belief which is why for this Women’s Month we look at some of the money myths around female finances which are perhaps stopping you from reaching your financial goals.
Good financial management also requires empowering oneself with financial knowledge to ensure you have the right product for your needs - so we have put together a list of a few useful terms which you would come across as an investor or policy holder.
South African households are more likely to have a female breadwinner and research shows women are better at money management than their male counterparts.
Critical illness cover plays an important role in a holistic financial plan, but using it as a replacement for a medical scheme could result in uncovered medical bills warns Nicholas van der Nest.
If you are a member of the Own your life Rewards programme you should by now have received notification that we are winding down the programme which will be discontinued next year on 31 March 2017.
The information contained in this communication, including attachments, is not to be construed as advice in terms of the Financial Advisory and Intermediary Services Act of 2002 ("FAIS") as the writer is neither an appointed representative of Liberty, nor a licensed financial services provider as contemplated in FAIS. Please consult your financial adviser should you require advice of a financial nature and/or intermediary services.
