By Sydney Sekese, CFP® professional and member of the Financial Planning Institute We are living in unusually uncertain times where most events are regarded as unprecedented. There is extensive volatility in politics, global (and local) economies, climate changes, geopolitics and many more. These events take me back in time during the early 19th century. When…
The Easter Bunny had an Estate Plan
By Sydney Sekese, CFP® professional and member of the Financial Planning Institute In a couple of days, many Christians will be celebrating Easter Sunday, this being a day of Jesus Christ’s resurrection as written in the Bible. Legend has it that the Easter bunny lays, decorates and hides eggs as they are also a symbol…
A budget gives you a licence to spend
By Sydney Sekese, CFP® professional and member of the Financial Planning Institute The finance minister delivered his maiden budget speech on 23 February 2022. The speech received thumbs up from economists and analysts who labelled it as “boring and responsible”. Minister Enoch Godongwana did not announce any major tax hikes – saying now was “not…
Forget Janu-worry focus on being financially responsible all year round
By Sydney Sekese, CFP® professional and member of the Financial Planning Institute As I compile this article, most South Africans are back to work and most schools are opened. It is now time to forget Janu-worry and say hello to Janu-merry. Last year was a challenging year indeed and it felt as if Santa Claus…
Living within your means is an antidote for inflation
By Sydney Sekese, CFP® professional and member of the Financial Planning Institute The local and global economies reacted swiftly when the pandemic hit the respective shores in 2020. The synchronised medicine (easy policies) that was applied resulted in sufficient liquidity. This stabilised the respective economies and the world did not collapse. The medicine appears to…
Choosing a jewel in the crown among financial planners
By Sydney Sekese, CFP® professional and member of the Financial Planning Institute This is not a political journal. The recently concluded Local Government Elections inspired me to think about the various qualities to be considered when choosing a financial planner, or advisor. With so many such individuals in the industry, how do you choose that…
Can you identify your financial nemesis?
By Sydney Sekese, CFP® professional and member of the Financial Planning Institute There are several definitions to describe nemesis. The word describes a rival who just somehow seems able to get the best of you. It can be someone you compete against, someone whose skills are nearly identical to yours and yet, your nemesis always seems…
Time to shed your bad spending habits this September
Sydney Sekese, CFP® professional and member of the Financial Planning Institute Spring is here, and you know what that means. It is time to enjoy the beautiful weather and hold on to your wallet. Because as the earth renews itself and new life springs forward, we tend to seek out some form of renewal in…
Awareness is the panacea for women empowerment
By Sydney Sekese, CFP® professional and member of the Financial Planning Institute South Africa commemorates women’s month in August as a tribute to the more than 20 000 women who marched to the Union Buildings on 9 August 1956. This was in protest against the extension of Pass Laws to women. The Government of South Africa declared…
Procrastination is the thief of time│Save now if you can
By Sydney Sekese, CFP® professional and member of the Financial Planning Institute ‘Procrastination’, or putting something off, is the ‘thief of time’ because you end up wasting time by putting things off. Most of us waste time when we could have been accomplishing what we need to achieve. It’s common for people to put off savings because…