FINANCIAL PLANNING: IT’S NOT ROCKET SCIENCE

Many people think that financial planning is only for the rich. Although some financial planning practices are geared towards wealthy people, having a financial plan is something everyone should consider. It’s not rocket science. Your financial plan should ensure that all your financial products work in harmony: your medical aid cover, short- and long-term insurance, short- and long-term investments, and estate planning arrangements. This month’s edition of the free IOL MONEY digital magazine focuses on the components of a financial plan and features advice from professional planners on how to approach your finances. See the link for the full magazine: https:// bit.ly/iolmoney_oct2022