Be part of the Improving Awareness

In an emergency, could someone in your family quickly find your important papers— birth certificate, bank account records, health care directive, insurance policies, credit card records, will, etc.?

Do you know your current net worth and how you hold title to your various assets?

Do you have enough cash available in bank accounts or easily cashed securities to cover yourself and your family for at least six months of no work?

Do you and your family have a useful, written monthly budget?

Do you think you’ll be able to pay ‘all your bills’ on time every month for the next 12 months without a paycheck?

Do you understand and, if appropriate, utilize all your employment benefits to your advantage?

Do you know what’s really important to you; and have you written your personal and financial goals for yourself and your family?

Do you know when you expect to be able to retire / become financially independent?

Do you know how much income & assets you will need to enjoy your retirement years;

Have you calculated the amount of money required to reach your financial goals?

Have you thought about and made a list of major expenditures you can expect over the next five years and where the money will come from to pay for them?

Do you think your current investment plan(s) will meet your retirement needs?

Do you understand tax-deferal in this country? Can you make the best use of itn your investments.

Do you know the income tax rates on your last earned salary/income?

Do you think you have the right amount of insurance— life, health, disability, long-term-care, auto, home/renter’s, fire/flood/earthquake, liability, etc.—not too little, but not too much?

Do you and your family have current wills? Is it customery (administered under that laws of Lerotholi?) or cevil (registered with the Master of the High Court?)

Do you know the advantages and disadvantages of using trusts?

Are there any charitable organisations which you are currently donating to? If yes will your family still continue with contributions when you are not more.

Are there extended family members that you are taking care of? are they catered for in your will?

Do you understand financial education and its impact to you personally, your family, society and economy?