by Julie Codrington | Protection
Importance of Insurance – real life example! Insurance is a crucial component of financial planning, providing a safety net for individuals and businesses against unforeseen events that can lead to significant financial losses. š¬ļø REAL LIFE EXAMPLE OF WHY THAT...
by Julie Codrington | Personal Finance, Taxes
Importance of a will A will is a legal document that outlines a person’s wishes regarding the distribution of their assets and the care of dependents after their passing. Secondly, a will allows individuals to designate guardians for their minor children. This...
by Julie Codrington | Investing, Personal Finance
What is an ETF Per Investopedia: An exchange-traded fund (ETF) is a type of pooled investment security that operates much like a mutual fund (unitĀ trust in SA). Typically, ETFs will track a particular index, sector, commodity, or other assets, but unlike mutual funds,...
by Julie Codrington | Business Finance, Employee Taxes, Personal Finance, Taxes
Tax Calculator Got a new job or a side hussle or a salary increase and don’t know how to work out your tax – well here is a starting point.Ā Taxes are calculated on an annual basis over the period 01 March – 28 Feb. This is the tax year for humans in...
by Julie Codrington | Business Finance, Company Secretarial
PIS Score Unpacked PIS Score – Public Interest Score. The score the company has which decides what kind of financials are required.Ā If you are a company in South Africa you need to comply with the Company’s Act of 2008. Which means you need to have...
by Julie Codrington | Business Finance, Company Secretarial
Business Structures in SA So you wanna start a business, a side hussle, buy a going concern but what do you start it in? Before we unpack the pros and cons let’s unpack the options.Ā Current options in SA In South Africa we have three different āentitiesā...
by Julie Codrington | Investing, Personal Finance, Saving
Saving vs Investing Why are these things not the same? I mean putting cash in the bank is the same as putting cash in an investment vehicle right?Ā However, SAVING and INVESTING are two distinct concepts that involve managing and allocating your financial resources....
by Julie Codrington | Budgeting, Personal Finance
How to start a budget? Why is this something on your to list but never done? Despite being a critical component of your financial journey to liberation THE BUDGET is something never tackled andĀ dreaded. But why?Ā Because it is anĀ overwhelming task and it isĀ never...
by Julie Codrington | Budgeting, Personal Finance
Importance of a budget? Let’s unpack the concept of a budget. A budget is something we all try and setup but firstly never finalise, and secondly never reconcile to. A budget is a financial plan that outlines your income and expenses over a specific period. It...
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