Pristine Risk Services

20/01/2022

Even the most money-savvy can find managing their finances stressful,Global research by the financial Planning Standard Board (FPSB) has found that most consumers feel challenged by their finances as they become more responsible for their long term financial well-being.
Consumers find themselves relying on friends, family and websites more than financial professionals for information of financial matters. Thats why it is so important for consumers to find someone who they can trust with their finances.

Talk to us for professional financial advice from a seasoned and trusted financial planner

25/09/2017

13/08/2017



Money

THERE is no idea that seems so much misunderstood as this idea of "Money." On the one hand we find many people engaged in a mad chase after "money for moneys sake," and on the other hand, many others who are decrying money as the root of all evil, and severely criticizing the tendency of the age to seek money actively. Both of these classes of people are wrong—they are occupying the opposite sides of the road of reason, whereas truth is found here, as always, "in the middle of the road."

The man who seeks money at a thing of value in itself—the man who worships money at a very god— such a man is a fool, for he is mistaking the symbol for the reality. And, likewise, the man who decries the pursuit and desire for money as a foul, evil thing—he who would make of money a devil—this man is likewise a fool. The wise man is he who sees money as a symbol of something else behind, and who is not deluded by mistaking the shadow for the substance, either for good or evil. The wise man makes neither a god nor a devil of money—he sees it as a symbol of almost everything that man may obtain from the outside world, and he respects it as such. He sees, while it is true that avarice and greed are detestable and hurtful qualities of mind, still the lack of the proper desire for, and striving after money, makes of man a creature devoid of all that makes life worth the living.

08/02/2017

Insurance broker

08/02/2017

Secrets for Wise Investing

Don’t wait around for the “next big thing.”
Many investors spend too much time searching for the next hot company while successful investors are more concerned with finding a low-priced quality fund or low-cost index.
Know your risk tolerance and cap it.
Wise investors consider how much they can afford to lose before making an investment decision. It is important to set an end goal so you can make appropriate investment decisions. Based off your year-end goals, you can balance your investment weight between relatively safe investments and those that are more risky.
The unpopular can be powerful.
Good investments can be found in less popular companies too. Think of industries used in everyday life, such as pharmaceutical companies, fuel and automotive companies, as these might not be in the headlines everyday but still make a good investment.
Keep an eye on your investment fees.
Many savvy investors focus on portfolios with a low frequency of turn overs and broad diversification at the lowest costs. Know the fees associated with your investment choice so they are not over diminishing your return.
Do not panic.
Emotions can sting in the short term, but it is important to remain focused on the long-term and let panic subside. When building a portfolio, take the long-term approach and ignore the daily ups and downs of the market

13/09/2016

http://www.richdad.com/promotions/2016-The-Secret-to-Winning-at-Life-and-Investing just sharing with you this book

Change your mindset about money, being rich, and uplifting your everyday spirit.

14/06/2016

Financial education is essential to
financial intelligence. Financial intelligence is not so much
about how much money you make, but how much money you
keep, how hard your money works for you, and how many
generations you pass your money on to. In the Information
Age, financial education is essential to financial security.
Most school systems do a pretty good job with academic and
professional education. They fail when it comes to financial education.

07/06/2016

Budgeting Tips
Know the suggested "maximums" of your take home pay to spend on each of your monthly expenses. Keep
your debt and credit payments at 20% or less, and try to save at least 5% of your monthly take home pay.
Blind spending
If, at the end of the month, you don't know where your money has gone, you're "spending blind". People try
to rationalise blind spending by thinking that all budgets are limiting and time consuming. Not true. Keep
simple records. A good money plan lets you have fun and needs only a minimum of record keeping. Start by
writing down every dime you spend for a month to find your spending leaks, then plan your budget to meet
your needs and lifestyle.
Never getting ahead
A lot of people are frustrated by not getting ahead, often because they haven't set and saved for financial
goals. They get a raise and spend more (instead of saving), never feeling the satisfaction of real financial
progress.
Set Financial Goals
Plan where you want to be financially in six months and tw
o years. Be sure your goals
are realistic: to save for
an emergency fund or down payment on a house, to start a retirement nest egg, or to pay off your credit
cards.
Money Crisis
Whether you're just starting out, recently retired, or somewhere in between be prepared for a money crises. A
financial crisis is nothing to be ashamed of: it can -and does -happen to people of all ages and income levels.
But if you plan ahead, a loss of income, divorce, major illness, or other crises wont put you in deep water if it
happens to you.
Loss of income
Unemployment, a cutback in hours, or uneven sales commissions strains your budget.
Plan ahead Don’t panic: you’re protected if you have a three-month emergency fund to fall back on. And
don’t be paralysed: cut your expenses to the bone, and ask creditors to accept partial payments for now.
Divorce
Divorce splits up incomes as well as hearts, and causes
turmoil if your spouse was the “accountant” in the
family.
Use your resources
Establish credit in your own name (even in a good
marriage), and compare actual
dollar costs of charge
accounts and loans.
Major illness
Hospital bills can sink you (especially if you’re an older adult living on a fixed income). Choose your coverage.
Think about your personal medical history and choose medical insurance that covers your likely illnesses.
Shop around for low cost medical care, home health agencies, and generic medications.
Help from your Company
Many companies, through an Employee Assistance
Program (EAP), Personnel Department, or Wellness
Program, now provide information and support to help employees cope with money troubles. They can help
you start a budget or put you in touch with outside agencies for help.
Credit Counsellors Consumer
Credit Counselling Services is national, non-profit organisation that provides free or low cost credit
counselling. They can help you start a budget and work with your creditors to set p a debt repayment plan.
Your bank or credit union may also offer credit counselling.
Services – You’ll find a range of social services agencies in the Yellow Pages for information, support and
referrals to local resources for low cost help. Most urba
n areas have a Family Service Agency, Catholic Social
Service, or Jewish Family Service. Each counsels people of any faith.

17/05/2016

In April, headline inflation fell to 2.8 percent from 3.0 percent in March. According to the latest data from Statistics Botswana, inflation fell for several commodity groups, including: housing, water, electricity, gas and other fuels (from 10.5 to 6.6 percent largely due to a fall in the rate of price increase for the “water supply and miscellaneous services” sub-group); furnishing, household equipment and routine maintenance (from 3.2 to 3.1 percent); and recreation and culture (from 6.7 to 2.0 percent, as inflation for the “recreational and cultural services” sub-group fell suignificantly). However, this was partly offset by rising inflation for: food and non-alcoholic beverages (from 1.9 to 2.7 percent); alcoholic beverages and to***co (from 2.0 to 2.1 percent); clothing and footwear (from 7.2 to 7.3 percent); health (from 3.4 to 3.6 percent); education (from 3.7 to 3.8 percent); restaurants and hotels (from 4.2 to 4.3 percent); and miscellaneous goods and services (from 7.2 to 7.6 percent). Inflation was unchanged for: transport (-3.2 percent) and communication (0.5 percent).

The trimmed mean measure of core inflation fell from 2.5 to 2.4 percent, while inflation excluding administered prices increased from 3.7 to 3.9 percent

09/05/2016

One day all the employees reached the office and saw some advice written on the door.

"Yesterday the person who has been stopping your growth in this company passed away. You are invited to join the funeral."

In the beginning, they got sad for the death of one of their colleagues, but after a while they got curious to know who was the man who stopped their growth.

Everyone thought: 'Well at least the man who stopped my progress died!'

One by one the thrilled employees got closer to the coffin, and when they looked inside they were speechless. They stood shocked in silence, as if someone had touched the deepest part of their soul. There was a mirror inside the coffin and everyone who looked inside could see him/herself.

There was a sign next to the mirror that read:
"There is only one person who is capable to set limits to your growth...It is you. You are the only person who can influence your happiness, success and realization."

Your life does not change when your boss, friend or company changes.....your life changes when you change...you go beyond your limiting beliefs and you realize you are the only one responsible for your life.
It's the way you face life that makes the difference!

If an egg is broken from outside force....life ends but if it is broken from inside force life begins. Great things always begin from our inside.Think about it. Enjoy ur day