WHAT THEY DID RIGHT

THE PENTLAND-SMITHS didn’t do much wrong, so Sue Torr, managing director of the Cape Town financial planning practice Crue Invest, focuses on the four most important things they did right:

◆ Gary’s “second job” – exporting food to Zimbabwe – was tough, but the additional income really helped them to get ahead.

◆ Instead of using the profit from the sale of their Milnerton property to buy a home, they chose to stay were they were and invest the money for long-term growth.

◆ They never lost sight of their financial plan. It is important to revisit your plan at least once a year, to review your investments and track your progress.

◆ They didn’t borrow money, or succumb to pressure to “keep up with the Joneses”.