I often hear people say, “Just do it, you only live once.” I cringe when I hear this…
You: “I really want that new S-class Mercedes Benz but I don't think I can afford it.”
Friend: “Go for it, you only live once.”
Yes, do it! You'll end up paying for that S-class for the rest of your life. You'll live hand to mouth while the car depreciates in value and you and your family a... ››› more
Trying to sort out your finances for the present and the future is never an easy task, but it is one thing you need to take the time to do.
Financial planning should start as early as possible, with short-term and long-term goals.
So what should you include as part of your financial plans?
Let's take a closer look at some important aspects…
Financial planning aspect #1: Are you co... ››› more
Savings are an important part of your personal finances. It's important to build up savings over the years. The earlier you start, the quicker you'll achieve your savings goals.
You should have different purposes for different savings.
So how should you deal with your savings?
Read on to find out…
Different types of savings
As part of your financial planning for the future, yo... ››› more
When you're starting your own business, you're usually focused on the obvious things like financial, business and marketing planning… Maybe you spend your time perfecting your products and services… and, while those are all good places to start, there are some lesser-known success factors that you need to be aware of…
I believe these factors are so crucial to your success, that I'... ››› more
Fleet Street Publications (FSP) is just one part of the largest direct mail business in the world, The Agora Group. With affiliates and offices in nearly every corner of the globe, we've built a massively successful multi-billion dollar business using the techniques that I'm about to reveal to you over the next few days…
It's not complicated, doesn't require any special skills and, best of a... ››› more
Nothing compares to the exhilaration of writing and selling an e-book. Trust me I know. When I published my first e-book, The Home Business Tycoon, I watched every sale like a hawk. Then, when I published my second book, The Minimum Wage Millionaire, I nearly fell out of my chair when I watched the sales roll in.
There's something motivating knowing that every sale will result in money flowing... ››› more
I hope that you're excited. This is the last part in the series of secrets revealed by the largest direct mail business in the world. In fact, as we speak, Fleet Street Publications South Africa, is the largest business of its kind in Africa.
Our success is nothing to be snickered it… So take this information seriously, because this is a proven formula to publishing success.
I've already ... ››› more
Picture this: You've just come home from a wonderful December holiday. You throw open your front door and put down your bags.
But just before you can say, “Home, sweet home!” the chaos around you tells you there's been a burglary.
Your next thought will probably be: “Thank goodness I'm insured!” But are you really certain you'll be paid out as much as you expect?
If you have in... ››› more
Criminals are becoming increasingly organised, determined and cunning. They target people who run successful businesses or own nice houses, going for their investments, jewellery and pensions…
They're even gunning for your identities!
Armed with the right information, an ID criminal can impersonate you and commit fraud, open and misuse bank accounts, apply for loans, abuse your existing b... ››› more
It's that time of the year again.
When you wait - with joyful anticipation - for your 13th cheque!
And, while you might be pleasantly surprised by how generous your boss has been, you'll be just as shocked when the taxman swipes a lovely chunk of your bonus
How? Well, not only can he take up to 45% of your bonus if it's added to your December salary (because this could push you into a h... ››› more
Franchising isn't a short-cut to riches and fortune. It takes hard work, dedication and commitment to make a success of it - just as it does with any business idea.
And while it may be one of the easiest and safest ways to become your own boss, there are risks. So before you get started, here are ten important questions you must ask. If you don't, you could end up being burnt.
Question #1: C... ››› more
Perhaps you're bored at work and have realised that opportunities for growth are limited. Or maybe you've been dreaming about a career change for a while now.
You wouldn't be alone. Research shows that at least 50% of all working South Africans believe they've chosen the wrong path.
Regardless of why you feel this way about your current job, the right career is out there for everyone - and i... ››› more
According to International Monetary Fund, Gross National Savings as a percentage of GDP in South Africa is one of the worst in the world at about 16%. Emerging markets and developing countries average 33%, while the world averages 25%.
We can't even use low salaries and a cost of living for our poor savings culture - the Chinese earn less than we do, and they manage to save over 50% of their GD... ››› more
Growing your wealth over the years may be something you aspire to. You may think that not having enough money is standing in your way of growing wealth, but you'd be wrong.
There are two things that you need to have.
So what are these things?
Read on to find out…
Two factors that will help you grow your wealth
The two most important things you need to grow your wealth a... ››› more
Financial planning involves everything from having adequate insurance cover to preparing for your retirement.
Having adequate savings is a cornerstone to successful financial planning.
So what are your options when it comes to saving? And how can you make it work for you?
Read on to find out…
Why savings are such an important aspect of financial planning
Savings are cru... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.