Dominique Barnard Financial Advisor

03/10/2023

We build Financial plans specialised to your needs.

Good read on what to expect when seeing a FA and what should be discussed.

A well-constructed financial plan should address all aspects of your portfolio.

03/10/2023

Breaking news: Old Mutual was named SA’s coolest Insurance Brand at the Sunday Times Next Gen Awards last night. This achievement would not be possible without the support of our loyal customers. Let’s continue to do great things together! https://www.oldmutual.co.za/

22/08/2023

Need personal or business insurance?

Talk to a specialist.

Contact me today

22/08/2023

Don’t want to get a quote over the phone ?

Whatsapp me.

22/08/2023

It’s not easy talking about the unexpected but it is necessary. Have you talked about your life cover with your spouse or family in case of an unexpected event ?

Why should you think about life cover

1. Who will pay of your debt when something happens to you,( your kids / husband / wife ) , do you want them to bear that financially?

2. Will there be enough money for those left behind ( wife, husband, kids, dependants like parents) to be able to afford food / clothes / housing or be able to live the same or close to living standard they are used to?

3. Leave a legancy

4. To have cover not only when you pass away but to get living benefits such as Severe illness, retrenchment cover , Disability cover for yourself to make sure you are covered when you are not able to make a living for yourself or your family.

28/07/2023

INFO FRIDAY

Want to make sure your budget is on point, by not living pay check by pay check.

Follow the 50/30/20 rule.

For example a Salary of R12 000

50% (R6000) needs.
30% (R3600) wants.
20% (R2400 savings.

21/07/2023

INFO FRIDAY 🧩

Why is it a good idee to invest in a Retirement Annuity?

1. The investment growth within the plan is not taxed. With most other savings your investment growth is taxed.

2.Contribution is tax-deductible (up to 27,5% or R350 000py). Which means you will pay less tax monthly as well as your income will be less.

3. Yout funds will be protected againts creditors and the will not be able to collect these money incase tou go bankrupt.

Example:
Salary R25 000pm = R300 000 yearly. TAXED

Monthly RA contribution R1000 = R12 000 yearly

*Assumed* tax rate = 30%. R300 000 x 30% py = R90 000

R12 000 x 30% = R3600py less tax.

Why?

R12 000 deductible from your R300 000 yearly income tax salary.

R300 000 - R12 000 = R288 000 taxable income per year = R86 400

Save R3600 per year in taxes

These are assumed taxed rates please check your current tax rates for calculations.

06/07/2023

In rainy conditions, increase your following distance by at least 3 car lengths, decrease your speed & turn your headlights on for improved visibility.

Our customers can count on us 24/7/365 when things go wrong. Call us on 0800 24 7 365 for access to emergency home or roadside assistance.

06/07/2023

Apply by 31 July 2023

06/07/2023

Tips on how to navigate tax season efficiently.

06/07/2023

🤣🙌🏻

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