As a woman who was diagnosed with Multiple Sclerosis a few years ago, I cannot stress the importance of dread disease cover enough. Many years ago, I had the privilege of hosting Dr Marius Barnard as the guest speaker at a function for my then clients. Yes, he and Dr Christiaan Barnard, famed for the… Continue reading Dread Disease Cover
Author: suletta - Get Financial Savvy
Welcome to Get Financial Savvy
Little did I know when I enrolled for my postgraduate qualification in Financial Planning that, within a year, I would be diagnosed with a dread disease. I almost gave up on the idea of completing the course, fearing that the added stress might worsen my multiple sclerosis. But a wise client — a professor at Groote Schuur Hospital — encouraged me to put my shoulder to the wheel and just do it.
Two years later, after many relapses, I had no choice but to stop working. My neurologist was concerned about the frequency of these relapses, and as with most autoimmune conditions, stress played a major role. I stopped working at the same time the world was hit by COVID-19. At first, I didn’t feel “left out,” since everyone else was confined too. But now, five years later, I’m grateful to be in a remission phase — and ready to start a new chapter.
Encouraged by my friends and family, I’ve decided to share my knowledge of financial planning and help demystify the legal and technical terms that can feel so overwhelming.
My journey into the world of finance began decades ago, translating a rate book from English to Afrikaans for National Mutual — long before computers were introduced in South Africa. That experience gave me a strong foundation, teaching me the basics of every financial product word by word. Over the next 40 years, I built a career as a financial advisor, received numerous awards from various insurers, and had the privilege of working with incredible clients and dedicated administrative staff.
I hope you’ll enjoy the building blocks and bits of wisdom I’ll be sharing — real-life lessons, stories, and insights gathered from a lifetime in the world of finance.
Your Estate Plan
Estate Planning Checklist Personal Information: Will and Testament: Trusts (if applicable): Beneficiary Designations: Financial Power of Attorney (POA): Healthcare Directive / Living Will: Asset Inventory: Debts and Liabilities: Insurance Policies: Digital Assets: Important Documents Storage: Regular Review: Final Checklist Reminder: Is everything signed and witnessed properly? Are all beneficiaries current? Do key people (executor, POA) know their… Continue reading Your Estate Plan
Your Last Will and Testament
Planning ahead can reduce stress for your family. Having documents organized — like your Will, policies, and personal details — makes this difficult time a little easier. How to Write a Will in South Africa: A Step-by-Step Guide Writing a will may feel daunting, but it’s a crucial step in ensuring your wishes are respected… Continue reading Your Last Will and Testament
Life Cover – how much is enough??
During the 40 years as a financial advisor, this question was obviously discussed over and over again. Firstly, this is the starting point of a comprehensive financial plan, and it should be reviewed with your financial advisor. You need to be totally honest and divulge all your income and debt as follows: Step 1: Calculate… Continue reading Life Cover – how much is enough??
Allowable Tax Deductions for Working from Home
1. Home Office Expenses (Only if you have a dedicated area used exclusively for work) 2. Office Equipment & Furniture (Depreciated over time or expensed depending on cost thresholds) Note: For SARS, items > R7,000 typically need to be capitalised and depreciated over time. 3. Office Supplies (Consumables) (Fully deductible if used for business purposes) 4.… Continue reading Allowable Tax Deductions for Working from Home