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	<title>Insurance Fundi &#187; Financial Planning</title>
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	<link>http://www.insurancefundi.co.za</link>
	<description>Because everyone has something to lose</description>
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		<title>Have You Tried Using A Debt Snowball?</title>
		<link>http://www.insurancefundi.co.za/debt-snowball</link>
		<comments>http://www.insurancefundi.co.za/debt-snowball#comments</comments>
		<pubDate>Fri, 03 Feb 2012 22:00:48 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Debt Snowball]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=7629</guid>
		<description><![CDATA[Ask any good financial planner out there for the formula to getting out of debt and they&#8217;ll tell you…
“You approach your bank for a short-term loan and negotiate a very competitive interest rate. Then you take all your smaller short-term loans with high interest rates payable and pay them off [...]
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<li><a href='http://www.insurancefundi.co.za/financial-planning-debt-crisis+' rel='bookmark' title='Financial Planning| We Are Drowning In Debt!'>Financial Planning| We Are Drowning In Debt!</a></li>
<li><a href='http://www.insurancefundi.co.za/insurable-interest' rel='bookmark' title='Financial Planning | What Is The Meaning Of ‘Insurable Interest’?'>Financial Planning | What Is The Meaning Of ‘Insurable Interest’?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Why Should You Be Using A Personal Budget?</title>
		<link>http://www.insurancefundi.co.za/personal-budget/</link>
		<comments>http://www.insurancefundi.co.za/personal-budget/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 22:00:54 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Personal Budget]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=7228</guid>
		<description><![CDATA[
So far this year &#8211; with regard to financial planning &#8211; we’ve discussed:

calculating your net asset value (balance sheet)
calculating your income and expenditure (income statement)

And today we’re discussing the use of a personal budget!
How important is it to have a personal budget?
In the immortal words of “Stone cold” Steve Austin: [...]
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<li><a href='http://www.insurancefundi.co.za/budgeting-blues' rel='bookmark' title='How To Beat The Budgeting Blues!'>How To Beat The Budgeting Blues!</a></li>
<li><a href='http://www.insurancefundi.co.za/commercial-insurance-whats-the-difference-between-a-personal-lines-policy/' rel='bookmark' title='Commercial Insurance | What&#8217;s The Difference Between A Personal Lines Policy?'>Commercial Insurance | What&#8217;s The Difference Between A Personal Lines Policy?</a></li>
<li><a href='http://www.insurancefundi.co.za/gap-cover-budget' rel='bookmark' title='Gap Cover Medical Aid | Have You Provided For This In Your Budget?'>Gap Cover Medical Aid | Have You Provided For This In Your Budget?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Where Is All Your Money Going?</title>
		<link>http://www.insurancefundi.co.za/income-statement/</link>
		<comments>http://www.insurancefundi.co.za/income-statement/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 22:00:44 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=7207</guid>
		<description><![CDATA[
The good news is…
Now is the perfect time to take stock of your finances (which includes all your insurance and investment policies) for the year ahead!
If you can recall in the previous article we discussed the fact that the beginning of a year is the perfect time to take stock [...]
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<li><a href='http://www.insurancefundi.co.za/net-worth/' rel='bookmark' title='How Does Your Net Worth This Year Compare To Last Year?'>How Does Your Net Worth This Year Compare To Last Year?</a></li>
<li><a href='http://www.insurancefundi.co.za/personal-budget/' rel='bookmark' title='Why Should You Be Using A Personal Budget?'>Why Should You Be Using A Personal Budget?</a></li>
<li><a href='http://www.insurancefundi.co.za/money-insurance/' rel='bookmark' title='Money Insurance'>Money Insurance</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How Does Your Net Worth This Year Compare To Last Year?</title>
		<link>http://www.insurancefundi.co.za/net-worth/</link>
		<comments>http://www.insurancefundi.co.za/net-worth/#comments</comments>
		<pubDate>Fri, 13 Jan 2012 22:00:24 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[net asset value]]></category>
		<category><![CDATA[net worth]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=7175</guid>
		<description><![CDATA[
The beginning of a new year is always an excellent time to take stock of what&#8217;s happened in your life over the past year (especially when it comes to your insurance and investments!).
By now you might already have made a couple of New Year&#8217;s resolutions, but it&#8217;s also an excellent [...]
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<li><a href='http://www.insurancefundi.co.za/medical-aid-self-payment-gaps/' rel='bookmark' title='Don’t fall through your own medical aid safety net benefit!'>Don’t fall through your own medical aid safety net benefit!</a></li>
<li><a href='http://www.insurancefundi.co.za/allangray-roadshow-2011' rel='bookmark' title='Allan Gray | Let’s Compare It To Someone In The Vacuum Cleaner Game&#8230;'>Allan Gray | Let’s Compare It To Someone In The Vacuum Cleaner Game&#8230;</a></li>
<li><a href='http://www.insurancefundi.co.za/income-statement/' rel='bookmark' title='Where Is All Your Money Going?'>Where Is All Your Money Going?</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.insurancefundi.co.za/net-worth/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Planning &#124; Paying More For A Meal Than Your Will Document!</title>
		<link>http://www.insurancefundi.co.za/will-drafting</link>
		<comments>http://www.insurancefundi.co.za/will-drafting#comments</comments>
		<pubDate>Thu, 13 Oct 2011 14:32:15 +0000</pubDate>
		<dc:creator>Brendan</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Will]]></category>
		<category><![CDATA[will drafting costs]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=6573</guid>
		<description><![CDATA[This is a copy and paste job. I&#8217;m not claiming the copy, but heck I enjoyed this article so much that I decided to pop it  on our blog. Why? Because it&#8217;s so relevant and indicative of the times we live in. Nobody is really interested in financial planning. Not [...]
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<li><a href='http://www.insurancefundi.co.za/accrual-calculation' rel='bookmark' title='Financial Planning | How To Calculate Your Own Accrual Claim'>Financial Planning | How To Calculate Your Own Accrual Claim</a></li>
<li><a href='http://www.insurancefundi.co.za/indemnity-insurance' rel='bookmark' title='Financial Planning | What Is Indemnity Insurance Anyway?'>Financial Planning | What Is Indemnity Insurance Anyway?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Planning &#124; The Second Way In Which Trusts Are Classified</title>
		<link>http://www.insurancefundi.co.za/trusts-strict-bewind</link>
		<comments>http://www.insurancefundi.co.za/trusts-strict-bewind#comments</comments>
		<pubDate>Tue, 20 Sep 2011 19:03:58 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Bewind trusts]]></category>
		<category><![CDATA[Discretionary trusts]]></category>
		<category><![CDATA[Trusts in the strict sense]]></category>
		<category><![CDATA[Trusts in the wide sense]]></category>
		<category><![CDATA[Vesting trusts]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=6510</guid>
		<description><![CDATA[Okey dokes… In our last financial planning article we discussed the first way in which trusts are classified, namely…whether the founder of the trust is dead or alive at the time of setting up the trust.
In today&#8217;s article we are going to look at the second classification of trusts which [...]
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<li><a href='http://www.insurancefundi.co.za/intervivos-testamentary-trusts' rel='bookmark' title='Financial Planning | What Type Of Trust Would Best Suit You?'>Financial Planning | What Type Of Trust Would Best Suit You?</a></li>
<li><a href='http://www.insurancefundi.co.za/estate-freezing' rel='bookmark' title='Financial Planning | Why Would You Want A Trust Anyway?'>Financial Planning | Why Would You Want A Trust Anyway?</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.insurancefundi.co.za/trusts-strict-bewind/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Planning &#124; Are You Guilty Of Misrepresentation?</title>
		<link>http://www.insurancefundi.co.za/misrepresentation</link>
		<comments>http://www.insurancefundi.co.za/misrepresentation#comments</comments>
		<pubDate>Thu, 01 Sep 2011 18:14:05 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Misrepresentation]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=6375</guid>
		<description><![CDATA[Today we are going to touch on a thorny insurance subject so be warned!
Maybe you can identify with me on this one…
I&#8217;ve been considering taking up some life insurance for a while now. Now each and everytime I get to the underwriting section I hit a major stumbling block, and [...]
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<li><a href='http://www.insurancefundi.co.za/parties-insurance-contract' rel='bookmark' title='Financial Planning | Who Has Legal Rights In An Insurance Contract'>Financial Planning | Who Has Legal Rights In An Insurance Contract</a></li>
<li><a href='http://www.insurancefundi.co.za/indemnity-insurance' rel='bookmark' title='Financial Planning | What Is Indemnity Insurance Anyway?'>Financial Planning | What Is Indemnity Insurance Anyway?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Planning &#124; What Type Of Trust Would Best Suit You?</title>
		<link>http://www.insurancefundi.co.za/intervivos-testamentary-trusts</link>
		<comments>http://www.insurancefundi.co.za/intervivos-testamentary-trusts#comments</comments>
		<pubDate>Tue, 30 Aug 2011 18:14:15 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Inter Vivos trusts]]></category>
		<category><![CDATA[Testamentary trusts]]></category>
		<category><![CDATA[Trusts]]></category>
		<category><![CDATA[Trusts mortis causa]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=6349</guid>
		<description><![CDATA[So you thought you’d set up a simple ‘one size fits all’ trust…only to discover that there’s no such thing as ‘one size fits all’, did you?
In today’s financial planning article we’re going to take a look at the different types of trusts. Let’s start off with the first classification [...]
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<li><a href='http://www.insurancefundi.co.za/trusts-strict-bewind' rel='bookmark' title='Financial Planning | The Second Way In Which Trusts Are Classified'>Financial Planning | The Second Way In Which Trusts Are Classified</a></li>
<li><a href='http://www.insurancefundi.co.za/asset-protection' rel='bookmark' title='Financial Planning | The One Major Reason Why We Set Up Trusts'>Financial Planning | The One Major Reason Why We Set Up Trusts</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Planning &#124; The One Major Reason Why We Set Up Trusts</title>
		<link>http://www.insurancefundi.co.za/asset-protection</link>
		<comments>http://www.insurancefundi.co.za/asset-protection#comments</comments>
		<pubDate>Thu, 25 Aug 2011 18:02:32 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Altrisk Insurance]]></category>
		<category><![CDATA[Asset Protection]]></category>
		<category><![CDATA[Testamentary Trust]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=6341</guid>
		<description><![CDATA[In our last financial planning article we spoke of using a trust to “freeze” assets.
Today we’re going to consider two more reasons for having a trust set up…
Asset protection
Paul owns a large retail business in the Northern suburbs. Besides the retail business he also owns a number of commercial properties.
Paul’s [...]
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<li><a href='http://www.insurancefundi.co.za/trusts-strict-bewind' rel='bookmark' title='Financial Planning | The Second Way In Which Trusts Are Classified'>Financial Planning | The Second Way In Which Trusts Are Classified</a></li>
<li><a href='http://www.insurancefundi.co.za/do-you-need-a-will' rel='bookmark' title='Financial Planning | Do You Really Need A Will?'>Financial Planning | Do You Really Need A Will?</a></li>
<li><a href='http://www.insurancefundi.co.za/intervivos-testamentary-trusts' rel='bookmark' title='Financial Planning | What Type Of Trust Would Best Suit You?'>Financial Planning | What Type Of Trust Would Best Suit You?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Planning &#124; Why Would You Want A Trust Anyway?</title>
		<link>http://www.insurancefundi.co.za/estate-freezing</link>
		<comments>http://www.insurancefundi.co.za/estate-freezing#comments</comments>
		<pubDate>Thu, 25 Aug 2011 07:57:50 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Estate Freezing]]></category>
		<category><![CDATA[Trusts]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=6334</guid>
		<description><![CDATA[Not a week goes by without a financial planning enquiry from someone wanting to know whether they should set up a family trust or not.
Now for the vast majority it simply doesn’t make sense since they have nothing to put in the trust, but for others it makes perfect sense.
So…being [...]
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<li><a href='http://www.insurancefundi.co.za/do-you-need-a-will' rel='bookmark' title='Financial Planning | Do You Really Need A Will?'>Financial Planning | Do You Really Need A Will?</a></li>
<li><a href='http://www.insurancefundi.co.za/succession-estate-planning' rel='bookmark' title='What is the Difference Between Succession Planning and Estate Planning?'>What is the Difference Between Succession Planning and Estate Planning?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Planning &#124; Its All About Keeping The Faith!</title>
		<link>http://www.insurancefundi.co.za/good-faith</link>
		<comments>http://www.insurancefundi.co.za/good-faith#comments</comments>
		<pubDate>Wed, 17 Aug 2011 17:59:11 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Good Faith]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=6310</guid>
		<description><![CDATA[There’s usually a common ingredient amongst those who’ve had bad experiences with an insurance company, and this can be boiled down to  – ignorance of the principle of good faith!
“Now hang on a moment Lawrence…what gives you the right to call me ignorant?”

Give me a chance to explain what I [...]
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<li><a href='http://www.insurancefundi.co.za/valid-insurance-contracts' rel='bookmark' title='Financial Planning | What Forms The Basis Of Valid Insurance Contracts'>Financial Planning | What Forms The Basis Of Valid Insurance Contracts</a></li>
<li><a href='http://www.insurancefundi.co.za/indemnity-insurance' rel='bookmark' title='Financial Planning | What Is Indemnity Insurance Anyway?'>Financial Planning | What Is Indemnity Insurance Anyway?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Planning &#124; Dying Intestate And Leaving Wife And Child Behind</title>
		<link>http://www.insurancefundi.co.za/intestate-spouse-child</link>
		<comments>http://www.insurancefundi.co.za/intestate-spouse-child#comments</comments>
		<pubDate>Wed, 03 Aug 2011 15:11:29 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Dying Intestate]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=6154</guid>
		<description><![CDATA[This is where it all starts to unravel when it comes to financial planning and dying without a will!
I want you to imagine inheriting a house from your late dad’s estate instead of life insurance. Everything’s humpty dumpty isn’t it…who’d complain if they inherited a house, right?
But imagine that this [...]
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<li><a href='http://www.insurancefundi.co.za/intestate-succession-surviving-spouse' rel='bookmark' title='Financial Planning | What Happens If You Pass Away Without A Will?'>Financial Planning | What Happens If You Pass Away Without A Will?</a></li>
<li><a href='http://www.insurancefundi.co.za/accrual-system' rel='bookmark' title='Financial Planning | Love, Marriage, And The Accrual System'>Financial Planning | Love, Marriage, And The Accrual System</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Planning &#124; Dying Intestate And Leaving Small Children Behind</title>
		<link>http://www.insurancefundi.co.za/intestate-children-only</link>
		<comments>http://www.insurancefundi.co.za/intestate-children-only#comments</comments>
		<pubDate>Tue, 19 Jul 2011 17:42:43 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Intestate Succession]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=6080</guid>
		<description><![CDATA[Recently we chatted about what happens if you pass away without a will? Now while it might be a cut and dried financial planning issue if all you leave behind is a spouse…it gets more complex the further we travel down the rabbit hole when it comes to intestate succession!
For [...]
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<li><a href='http://www.insurancefundi.co.za/intestate-succession-surviving-spouse' rel='bookmark' title='Financial Planning | What Happens If You Pass Away Without A Will?'>Financial Planning | What Happens If You Pass Away Without A Will?</a></li>
<li><a href='http://www.insurancefundi.co.za/insolvency-anc-marriage' rel='bookmark' title='Financial Planning | How Does Insolvency Impact ANC Marriages?'>Financial Planning | How Does Insolvency Impact ANC Marriages?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Planning &#124; What Happens If You Pass Away Without A Will?</title>
		<link>http://www.insurancefundi.co.za/intestate-succession-surviving-spouse</link>
		<comments>http://www.insurancefundi.co.za/intestate-succession-surviving-spouse#comments</comments>
		<pubDate>Mon, 11 Jul 2011 17:31:04 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Intestate Succession]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=6045</guid>
		<description><![CDATA[When it comes to financial planning, I can think of only two types of persons who wouldn’t be interested in a Will (and I’m quite sure you might come up with one or two other types. In fact I&#8217;m quite sure you could shoot holes through my assumption below  [...]
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</ol>]]></description>
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		<title>Financial Planning &#124; What Is Non-Indemnity Insurance?</title>
		<link>http://www.insurancefundi.co.za/non-indemnity</link>
		<comments>http://www.insurancefundi.co.za/non-indemnity#comments</comments>
		<pubDate>Mon, 04 Jul 2011 16:42:30 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Non-Indemnity Insurance]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=6009</guid>
		<description><![CDATA[In our last financial planning we discussed indemnity insurance. We never got around to discussing non-indemnity insurance so in this issue we discuss…
Indemnity Insurance
Let’s take an example:
John is married to Jacqueline. Jacqueline is a stay at home mom. John decides to insure Jacqueline’s life for an amount of R2 million. [...]
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<li><a href='http://www.insurancefundi.co.za/do-you-need-a-will' rel='bookmark' title='Financial Planning | Do You Really Need A Will?'>Financial Planning | Do You Really Need A Will?</a></li>
</ol>]]></description>
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		<title>Financial Planning &#124; What Is Indemnity Insurance Anyway?</title>
		<link>http://www.insurancefundi.co.za/indemnity-insurance</link>
		<comments>http://www.insurancefundi.co.za/indemnity-insurance#comments</comments>
		<pubDate>Thu, 30 Jun 2011 18:19:49 +0000</pubDate>
		<dc:creator>Lawrence</dc:creator>
				<category><![CDATA[All Posts]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Indemnity Insurance]]></category>

		<guid isPermaLink="false">http://www.insurancefundi.co.za/?p=5995</guid>
		<description><![CDATA[Lately I’ve had a lot of time on my hands so I decided to update my financial planning “skills”.
Like so many people I know who read the Bible…I opened up the book somewhere in the middle, picked a spot and started reading…
The topic was indemnity and non-indemnity insurance, and it [...]
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<li><a href='http://www.insurancefundi.co.za/insurable-interest' rel='bookmark' title='Financial Planning | What Is The Meaning Of ‘Insurable Interest’?'>Financial Planning | What Is The Meaning Of ‘Insurable Interest’?</a></li>
<li><a href='http://www.insurancefundi.co.za/valid-insurance-contracts' rel='bookmark' title='Financial Planning | What Forms The Basis Of Valid Insurance Contracts'>Financial Planning | What Forms The Basis Of Valid Insurance Contracts</a></li>
</ol>]]></description>
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