FPIMyMoney123™
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Become a Volunteer
Welcome to Volunteering! Thanks for opting-in to the volunteer pool Upon clicking any on the links below, please note you will be redirected to the FPI Tribe Community....
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Investment basics for children
Talking about budgets is often the starting point in the financial education of kids. While budgeting can help you live within your means and stay solvent, only investing will help...
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Four issues to manage if you are retrenched
Retrenchment is an extremely traumatic event that can severely compromise your family’s financial wellness if it is not properly managed. Having a financial plan can help you deal with stresses...
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Retirement planning through the lens of a woman
Retirement planning through the lens of a woman As I write this article, South Africans would be we paying tribute to the more than 20 000 women who marched to...
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Taming the R47 BILLION of unclaimed retirement fund benefits pt3
Part III of III: Over 4.2 Million Cold Cases Still to be Solved An unclaimed retirement fund benefit is a cold case. COLD CASE: An unsolved investigation...
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Financial Planner of the Year 2021
Getting to know, Ryan McCaughey, CFP®, Financial Planner of the Year 2021 Ryan grew up in the Eastern Cape and matriculated from St Andrews College. He went on to study...
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Leaderex 2022
Positive participation at Leaderex 2022 Leaderex 2022, held at the Sandton Convention Centre on 13-15 September, was a great success, where the Financial Planning Institute of Southern Africa (FPI)...
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The purpose of an Estate Plan
The primary purpose of an estate plan is to help you examine your financial needs and assets to make sure that your heirs are provided for in the best possible...
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Taming the R45 BILLION of unclaimed retirement fund benefits
Part II of III: The DAWN and DUSK of Unclaimed Retirement Fund Benefits In part two we focus on how these unclaimed benefits have accumulated to such a large...
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Retirement planning and your life expectancy
Don’t get caught off guard by outliving your money because you thought you would never live to 80, 90 or 100! When planning for your retirement, it is essential to...
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Take the sting out of the needs
There are indications that interest rates will slowly increase over the next few years, while the fuel price continues to climb at a steady rate. These two increases will have...
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How to make it easier for your family to inherit, especially if they live overseas
The increased number of deaths as a result of COVID-19 resulted in estates taking a lot longer to be wound up. This can cause frustration and financial hardship which can...
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It’s time to batten down the hatches, another storm is yonder
We are living in unusually uncertain times where most events are regarded as unprecedented. There is extensive volatility in politics, global (and local) economies, around climate change and many more....
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Important things to know about testamentary trusts
Quite often parents bequeath their assets at death to a trust drafted in the Last Will and Testament, known as a testamentary trust. Several benefits make a very compelling argument...
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Corporate Income Tax down to 27% but beware the limitation rules.
The dust of the February 2022 Budget Speech has long settled. I however have been up to my usual research and detective mode as I needed more clarity in terms...
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Dealing with Negative Self-Talk
If we are to focus on mental positivity this year, how do we banish or diminish the opposite side of the scale – negativity? Especially in a world currently in...
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25 steps for drafting a sure-fire Will
If you’re in the process of having your Will drafted or are busy updating your Will, you’ll want to ensure that your Will is accurate, precise, and not open to interpretation. Besides...
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Your Rights as a Financial Planning Client
Working with a financial planner can be an extremely rewarding and valuable experience for you and your family. If you’ve decided to work with a financial planner, it’s important to...
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A – Z of investing
Investment markets are large, complex, ever-fluctuating, and often difficult for the average investor to navigate. There are, however, global terms and phrases which all investors should know and understand. In...
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The importance of life insurance
Life insurance safeguards you and your family from financial uncertainty that comes with severe illness, disability, or death. What is Life cover Having life cover in place is important to...
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Retirement: don’t ignore these threats!
As a certified financial planner with 26 years of experience, I have seen first-hand the challenges that many South Africans face when it comes to planning for a secure retirement....
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Mother’s love is the best
“Mmangwana o tshwara thipa ka bogaleng”, this is a Sepedi idiom that loosely translates to the fact that a mother would go to any length in protecting her children. By the...
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Two-Pot Retirement System
Two-Pot Retirement System: Will it apply to our retirement savings that have already been accumulated? According to the current draft, the two-pot system will not be applied retrospectively, i.e., members...
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How to structure a tax-efficient income when you retire
When you retire you need an income stream that will give you the best sustainable income for the rest of your life and not waste money in terms of unnecessary...
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Global Money Week 2023
Global Money Week (GMW) promotes efforts aimed at improving the financial literacy of young people. The ultimate goal of the campaign is to ensure that all children and young...
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The Psychology of Money
As often is the case, many of us set financial resolutions at the beginning of the new year. Setting them is the easier bit, achieving them takes some perseverance. ...
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How to create a sustainable post-retirement plan – Part 2
After using your post-retirement expenses to generate a cash flow analysis and to determine your wealth allocation framework, you should consider the following risks. Diversification It is crucial to...
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How to create a sustainable post-retirement plan – Part 1
“To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What’s needed is a sound intellectual framework for making decisions and the...
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Start building your wealth in 2023!
Do you want to be a millionaire? Most people probably do, but it is famously, not an easy pursuit. The growing wealth gap between the rich and the poor makes it seem impossible for...
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Don't Get Taxed Out of Retirement - Maximize Your Savings with SARS Allowable Deductions.
As the tax year end approaches, South African financial consumers, and the public need to take advantage of the allowable tax deductions offered by the South African Revenue Service (SARS)....
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The important role of your healthcare consultant
Why Medical Aid is like a Rubik’s Cube – and how a healthcare advisor can help solve it You have some important decisions to make. Why? Well, it’s that...
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Protecting your loved ones from the grave
I think I have seen enough episodes of “I Blew It” to understand that when wealth is distributed prematurely to beneficiaries who have no financial literacy background, it’s...
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Pyramid schemes are as spooky as Halloween
Halloween is celebrated in most North American and European countries on October 31. In Africa, Halloween is barely celebrated because most people believe it is some kind of black magic...
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Don’t put all your eggs in one basket - Consider offshore investing
Do not put all your eggs in one basket is an idiomatic phrase, meaning that one should not focus all his or her resources on one hope, possibility, or avenue of...
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