Kara Financial Planners

23/01/2019

The best time to invest is when markets are down, says Werner Erasmus.

20/11/2018

Morning Everyone!

We've noticed many friends on our timelines have started making changes to their policies in light of the recent issue with Momentum in the news.

If any of our friends wish to make some changes or are feeling a little concerned, please feel free to make contact with us.

We do not advise anyone to go about these changes on their own. It is our responsibility to make sure our clients have made informed decisions on their policies.

We are happy to sit down for an urgent policy review if necessary.

Have a wonderful day!👨‍💼👩‍💼

18/09/2018

is open to everyone! Download the Discovery App and join! If you engage (Exercise and Drive Well) you can win prizes for life! Prizes include as well as instant prizes! ☺️💃🕺

01/08/2018

On this day, 35 years ago, our company was founded by the late Mr Rajoo Kara. On behalf of our team at Kara Financial Planners, we would like to express our gratitude to our loyal friends, clients and colleagues for all the love and support over the last 35 years. ❤️🙏👨‍💼👩‍💼

28/06/2018

Have you heard of Tax Free Savings?

Why is it important?
South Africa has an exceptionally poor savings rate. Tax Free Savings was introduced with the aim to increase the rate at which people save money.

Points to note:
- You can choose from a wide range of different investment funds.

- Invest up to R33000 in the current tax year (R500000 in your lifetime).

- You pay no tax on your investment growth or when you take your money out.

- You may withdraw money from your investment at any time, however, it is advisable to remain invested for at least three to five years.

If you'd like more information, send us a private message and we will get our team to contact you. 💰💵

15/06/2018

Eid Mubarak to our friends, family and clients who are celebrating. Best wishes! 😊🙌

05/06/2018

Gap cover helps to pay hospital bills that aren't fully covered by your medical aid. It's not a medical aid but rather insurance that covers you in the event that your medical aid doesn't cover all your costs. These costs could be doctor’s fees, shortfalls on blood tests, x-rays etc.

We offer a range of different Gap Cover options to suit your needs and budget.

Drop us a message if you would like more information. 👨‍⚕️👩‍⚕️📩

21/05/2018

Medical aid is the type of policy that needs to be reviewed at least annually, especially when you experience changes in your health (Diabetes, blood pressure etc) and changes to your lifestyle (Marriage, kids etc).

If you do not pay attention to your medical needs, you could be faced with major shortfalls in terms of your medical coverage. These shortfalls would end up being for your own expense.

We need to ask ourselves some important questions:
1. Does my health plan option cover me sufficiently if I am in a medical emergency?
2. Will my family be covered too?
3. Do I need to visit specific doctors and/or hospitals? (Am I covered at the hospitals and doctors of my choice?)
4. What exactly does my plan option cover?

Family history is also another consideration that needs to be made. For example, is there a history of cancer in your family? Should you be on a health plan that targets this specific need? Maybe considering a gap cover to cover your potential shortfalls would be a better option?

We will be sharing some information on Gap Cover in our next post.

Leave us a comment or pop us in inbox message if you would like more information regarding your medical aid or gap cover. 👨‍⚕️👩‍⚕️

29/01/2018

Kara Financial Planners first Wellness Day of 2018

18/01/2018

We're having a Wellness Day on Sunday, 28 January 2018 at our offices in Mount Edgecombe, for any clients wanting to do their Health Checks for Discovery Vitality and Momentum Multiply. Inbox us to check for available time slots.

10/12/2017

Discovery's New Global Education Protector has been revamped!

In the past, your kids education costs would be paid up to University in the case of a huge event (Death, Disability or Severe Illness).

If you engage in Vitality, i.e. live a healthy lifestyle, Discovery will now also assist with education costs for your kids University fees if you are healthy and well (Subject to certain terms)

This means you are covered no matter what!

Drop us a message if you're interested!

Talent is not the only key to success; financial support can help your child make their dreams become a reality, even when you are unable to. Discovery Life's funding can ensure their dreams stay alive https://www.discovery.co.za/life-insurance/education-protector