ARE YOU MAKING THIS MISTAKE WITH YOUR CONTENTS?

Are you wasting your money on contents insurance? Do this right now: Pull out a copy of your car and home insurance schedule and page to the section which deals with household contents. Then look at the amount you’re insured for. Does that value look right? Now here’s what’s interesting about being under-insured Most policyholders under-insure their […]

FEDHEALTH – THE MOST UNIQUE MEDICAL AID IN SOUTH AFRICA

Recently I was asked by a client whether it would make sense for her to switch from Discovery Health to Momentum Health. Now she and her daughter were on the Classic Comprehensive plan at a cost of R4, 828 a month. A similar option at Momentum is their Extender Any Hospital and Any Chronic Service Provider […]

DO YOU HAVE ENOUGH CASH LYING AROUND IF YOUR CAR FINALLY PACKS UP?

At some point or another we’ve all experienced that awful knocking sound a car makes when something is about to pack up! It sounds like, well it sound like “cash”! Cash we don’t really have lying around, which we’re going to need to find in order to sort the issue out. But thankfully there is […]

IS THIS BETTER THAN MEDICAL AID?

A lot of people seem to be asking the same question: “Isn’t there something better than medical aid out there?” The simple answer is no, and we’d never recommend cancelling your medical aid either. Here’s why: All a medical scheme is, is a group of people pooling together their contributions to pay everyone’s medical costs. […]

WHAT IF MEDICAL AID ISN’T AN OPTION?

Have you heard about what happened at the Pietersburg state hospital? Story goes that a young woman suffered a miscarriage and was forced to use a state hospital because she couldn’t come up with the R15, 000 for a private hospital. Apparently they carried out the procedure with no anesthetic. Can you believe that? What they did was […]

WHY YOUR MEDICAL AID ISN’T PAYING THE BILLS

So last year you exhausted your medical aid by June. This year you upgraded, it’s costing double, and they still aren’t paying. What’s going on? It’s called the self-payment gap – it’s usually only found on the more expensive plans – and it creates the most confusion. Take me for example. I spend just over R2, […]

SHOULD YOU RESIGN AND CASH IN YOUR PROVIDENT FUND?

Provident Fund payout

The question on everyone’s mind: “Is the government trying to steal my provident fund?” Well that could be a possibility further down the road, you never know. Who’s to say they won’t force all pension and provident funds to invest in government bonds at some point? Or introduce some or other ‘extra’ tax on the rich […]

IS IT WORTHWHILE JOINING THE AA?

Ever asked yourself what’s the difference between the AA and the free roadside assistance on your car insurance policy? Well I found myself asking this exact question, so I decided to do a little investigation of my own. But before we go there, I want you to imagine this situation… Your wife was attending a business […]