Albatros BlueStar - authorised by Sanlam

Some food for thought shared by Hannes De Wet

As Tax Free Savings Accounts (TFSAs) celebrate their 10-year anniversary in South Africa, wanted to see how much an individual would have in their TFSA if they had invested the full allowance since the beginning of 2015.

Here's what they found...

How much money you can make through a tax-free savings account in 10 years South African tax-free savings accounts offer tax-free growth on investments, with the potential to turn R369,000 into R1.18 million over ten years.

Wishing you a fantastic birthday 🎉 and a year filled with endless opportunities and happiness. 😊

Gelukkige Internasionale Vrouedag 08 Maart 🌹🌺💗

Op hierdie dag vier ons die prestasies en bydraes van vroue regoor die wêreld.

😊🌎👭

💙
Albatros BlueStar

🌹🌺💗 On International Women's Day (08 March) share this Breast Cancer Awareness Guide from my blog and stay on top of your health - https://www.sanlamadvice.co.za/bluestar/albatros/blogs/breast-cancer-awareness-a-guide-to-stay-top-of-your-health/1325708651311

Ettienne Du Preez
📳 0848261865
📧 [email protected]
🤳 https://www.sanlamadvice.co.za/bluestar/albatros/adviser/ettienne-du-preez/1325708651311

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This International Women's Day (08 March) let's look at some of the money lessons we can learn from motherhood.
https://www.sanlamadvice.co.za/bluestar/albatros/blogs/9-money-lessons-motherhood-teaches-us/9619768041249

I would really appreciate it if you liked & shared this with the mothers on your Facebook friends list.

Hannes De Wet
📳 0826548209
📧 [email protected]
🤳 https://www.sanlamadvice.co.za/bluestar/albatros/adviser/hannes-de-wet/9619768041249

Do you often ask yourself "Where did this month's salary all go to?" 🤔🤔 Learn how to create your own budget that works incl. free budget templates in the blog below.

REMEMBER: creating a household budget is the best way to control your finances. Budgeting doesn't have to be a tedious task of complicated formulas and equations.

Read more -
https://www.sanlamadvice.co.za/bluestar/albatros/blogs/how-to-create-a-budget-using-free-tools-and-templates/1325708651311

https://www.sanlamadvice.co.za/bluestar/albatros/adviser/ettienne-du-preez/1325708651311

Kom ons praat oor beplanning vir jou droomtoekoms.

Maak Maart 2025 die maand van aksie!

Hannes De Wet
📳 0826548209
📧 [email protected]
🤳 https://www.sanlamadvice.co.za/bluestar/albatros/adviser/hannes-de-wet/9619768041249

🔴 There’s a common misconception that you need a lot of money to make an emergency fund feasible. That’s simply not true!

💡 The key message is that it’s fine to start small.

Contribute 💸 R10, R100 or R250 – any amount when you can – but getting started and staying consistent is what’s important.

✅ See the top 5 tips in this blog article: 👉
https://www.sanlamadvice.co.za/bluestar/albatros/blogs/starting-an-emergency-fund-with-a-small-amount-is-vital/9619768041249

Did you know that the average South African working in the formal sector earns roughly R25-28 000 at the *moment?

Chris, Nozipho and Anele share how they budget their 25k salary. 👇👇👇
https://www.sanlamreality.co.za/wealth-sense/how-do-i-budget-my-r25-000-salary/

QUESTION: How do you budget your salary?

Share your best tips, tools & tricks in the comments! You may learn something new from our community.

* - https://businesstech.co.za/news/wealth/804137/this-is-the-average-salary-in-south-africa-right-now-13/

See below for Hannes De Wet's 2 ways to make the most of your available tax breaks.

Remember, even though the Budget Speech has been postponed to March 🗓️, it's wise to make the most of the tax benefits available before the current tax year closes on 28 February 2025 ⏳. 🤑💸

1. Make a lump sum, tax-deductible contribution to a retirement annuity (RA), or increase your monthly RA debit order.

2. Open a tax-free savings account (TFSA), or add to your existing TFSA – you can contribute up to R36 000 per tax year (and up to a lifetime maximum of R500 000 in aggregate).

See more below.

Take Advantage of Tax Breaks | Albatros BlueStar | Sanlam Financial Planners Pretoria The end of the 2024/2025 tax year is just around the corner. While no one can predict what Finance Minister Enoch Godongwana will announce on the tax front in his Budget Speech in February, it may be prudent to take advantage of the tax benefits still in place before the current tax year ends on 28....