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Archives for June 2018

News · June 20, 2018

7 Golden Rules for Lending Money to Family and Friends

Friends car beach

Money, more often than not, comes in-between relationships and it can be difficult to say ‘no’ to a loved one or someone important to you. However, if you explain to them the reasons for saying ‘no’ and they genuinely care for you, they should understand and respect your decision. Having said this, if you find […]

Financial Literacy · June 7, 2018

Don’t believe everything you think about your retirement wealth

DIY Tools

There is increasing investor autonomy in today’s world – the range of information available online and in the form of apps give investors an abundance of knowledge to manage their finances on their own. Theoretically anyway. On the one hand, freedom of information is great for expanding the financial literacy of individuals and allowing them […]

Financial Literacy · June 6, 2018

Are Gifts Taxable?

Neon dollar sign

Are gifts taxable? I am frequently asked the questions, what are the tax implications of giving money away? If I receive money as a gift, do I need to pay tax on it? The answers are varied. The most recent that I heard was in a meeting with someone who mentioned their tennis partner told […]

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