Nic the Financial Planner

25/05/2022

A financial plan is a document that you draw up in writing that will show you where you are financially ands where you want to go.
Your financial plan will clearly indicate your current financial situation (Net worth), your risk appetite and your future financial goals.

:2 “And the Lord answered me, and said, Write the vision, and make it plain upon tables, that he may run that readeth it.”

15/09/2021

Do you have a will?

06/09/2021

As mentioned before, no one wants to talk about death. The truth however is that "No one will get out alive".

We all have someone we are taking care of which includes spouse, children, disabled family members etc. So I always ask, If you were to pass away today, would your loved ones be able to maintain their lifestyle without your income?

A life insurance policy gives you the assurance that your family's living expenses (mortgage, education, groceries etc.)will not suffer, even of you're no longer there to provide for them.

The great news is that there are lofe insurance policies to fit every situation and budget. Getting started is easy, don't leave your family with financial stress and worry.

In May 2014, Sarah W.’s world changed forever with the sudden, unexpected death of her husband, an event that devastated Sarah and her eight-year-old son, Sh...

06/09/2021

No one wants to talk about death, but it's a topic we can't avoid. Getting life insurance doesn't have to be hard or boring.
I will be posting some common questions about life insurance so that you can be able to make informed decisions about protecting your loved ones financially.

Stay tuned

03/09/2021

I am a finacial planner, primarily for young black South Africans who among other things aspire to financial freedon and independence.
I've developed and refined a process that helps our clients put all the pieces of the puzzle together to ensure they are prepared. I call it the "Bridging Formula". This bridge will take you from where you are to where you want to be.

Contact me if you would like me to take you through the process.

07/06/2021

Knowledge is power!

27/05/2021

We all have goals. We want to own that dream home, buy that VrrPhaa you always dream about,have a grand wedding, get the kids educated well... The list is endless.

It is true that if you want to achieve anything in life, you need a plan and you must execute. This is also applies for your financial goals. As you may have noticed all of this requires money.

A financial plan is like a roadmap that will guide you through life's journey. A perfect plan is guided by your goals and will help you make the most of what you already own by helping you control your income, expenses and investments. With the help of a financial planner/Advisor, your savings can be directed to suitable investment vehicles- so you manehe your money and achieve your goals.

Here are some of the benefits of a financial plan:

$ Increase savings
$ Being prepared for emergencies
$ Enjoy a better standard of living
$ Financial independence(Peace of mind)

Financial planning is not just about a good budget, increasing your savings and reducing expenses. This olan includes achieving some of your future life goals, like:

$ Wealth creation: One can not ignore the increase in prices. This makes it difficult to maintain or increase standard of living. Wealth can be accumulated in the long-term by investing in the right avenues.

$ Children's education: prices are always on the rise, education prices are no exception. It would the best to start as early as you can (at birth) to start saving for your child's education. Through long term investing, this furure goal is achievable.

$ Retirement: You may be 20-30 years away from retirement, this does notnmean you must only start planning for it then. With the help on compund interest,over 20-30 years period, you might be able to enjoy a comfortable retirement.

Personal financial planning is important:

$ Helps tackle inflation: The rise in costs means that your present value of money is not the same as rhe future value. To beat inflation, you can invest in different avenues that offer higher or better returns (interest) over time.

$ Emergency fund: An unexpected medical emergency or job loss can have dire consequences for your finances. Experts say that an amount up to six month's salary must be kept, it must be easily accessible in case of an emergency.

$ Helps manage money better. In personal finance, planning is important. Identifying your needs and goals and then making your money actively work to achieve them, will nring the results you want.

We have different financial goals that we wish to achieve. For us to achieve thise goals at the right point in life, we need a financial and we need it from a young age.

"If you fail to plan you plan to fail"
-Benjamin Franklin

20/05/2021

My name is Mbulelo Nic Gcwensa and I amma financial planner at Hibiscus Insurance Brokers.

I am in the people's business. We help ordinary people Identify, Achieve and Maintain their desired lifestyle.

I am motivated by seeing everyone succeed in life, whatever they do. A proper financial plan can help achieve those goals.

That is why I have decided to open up this page. I want to equip you with the financial knowledge that you need to make informed decisions about your financial future.

Kindly like and follow the page and stay tuned for more.

Ngyabonga.