Key takeouts Tax revenue forecasted to be R304 billion less than expected in February Budget Government will have to borrow more as the forecasted debt/GDP ratio is now 81%, compared to 63% in February this year Projected budget deficit/GDP in…
In the previous article (“Importance of drawing up a financial plan”), I discussed why you need to draw up a list of assets and liabilities as part of your financial planning. Your balance sheet is the summary of your assets…
It may be easy to assume that someone earning R80 000 a month is set for a much better retirement than someone earning only R10 000 or R20 000. But that’s not necessarily the case. Watch here as Old Mutual…