strategica_finance

05/10/2023

Do you have a financial plan?

02-06 October marks financial planning week. Most people are still not convinced that they need a financial plan.

Here are the main pillars of a financial to show you how you can benefit from getting your own personalised financial plan.

04/07/2023

Just like that the first half of the year has gone by. It's the start of a new month and given that it is July, We have officially begun the second half of the year.

A lot of people I'm sure are wondering where did the time go as they look back on the first half of the year.

When it comes to building a secure financial future, it's always important to start with the basics.

The first building block to taking control of your finances is a budget. Scroll though to see which budget for you and do better this time around. Enjoy the second half.

22/06/2023

This week we talk about death and estate planning. Have a read of the blog post on estate planning and then watch the video to see how life insurance affords you wealth protection.

Blog: https://strategicalesotho.wordpress.com/2023/06/22/all-is-well-that-ends-well/

Video: https://youtu.be/Bh3Nunw8Hsg

10/05/2023

How are your debts treating you? Kapa u Hema ka leqeba???

03/05/2023

A Ponzi Scheme is an investment fraud that promises quick returns which are higher than normal. Ponzi scheme organisers often promise to invest your money and generate high returns with little to no risk. But in many Ponzi schemes, the fraudsters do not invest the money. Instead, they use it to pay those who invested earlier and may keep some for themselves....

A Ponzi Scheme is an investment fraud that promises quick returns which are higher than normal. Ponzi scheme organisers often promise to invest your money and generate high returns with little to n…

14/04/2023

Please join us as we engage in a casual talk discussing regulation and supervision of pension funds, Friday 14th April 2023.

12/04/2023

On the 4th of April, the MPC increased the CBL Rate by 25 basis points. For everyone with prime-linked debt, this means that your loan instalment will be higher from this month. And while the increase might seem insignificant, it is best to know for sure that your budget will be able to handle this increment.

In this video, I show you how you can estimate the extra money that you are going to need on all your debt. You can find a template in the description to help you do this.

Hi everyone.This week we talk about how you can recalculate the instalment to charged on your prime-linked debt when the lending rate changes. This is import...

06/04/2023

The MPC has increased the CBL Rate by 25 basis points yet again. This effectively increases the CBL Rate from 7.25% to 7.5% and the prime lending rate from 10.75% to 11.00%.

This means that for consumers with a prime-linked debt, their instalments will increase yet again.

For many, it might mean having to make some cuts in their budget just so they can accommodate this increase as well as the (seemingly) ever-increasing cost of living.

28/03/2023

Hi everyone.

In this week's video we talk about over-indebtedness. We discuss:
1. What it means to be over-indebted
2. How people end up getting over-indebted thus how to avoid it
3. How to get out of being over-indebted

Hi everyone. In this week's video we talk about over-indebtedness. We discuss:1. What it means to be over-indebted2. How people end up getting over-indebted ...

27/03/2023

The Debt Snowball method is great if you need the motivation to get started on your journey to becoming debt free. When you knock out the first small debt, you become motivated to keep going.

When done right, you should be able to quickly gain momentum and crush your debt one at a time.