Insurance

Saving is the order of the day when planning your retirement or when investing. Saving is the whole point after all. The final facet you need to consider is your insurance. Trying to compare insurance quotes can be a tedious operation, even when using a service that gets quotes for you to compare. Do not skimp on this. Consider this: you will be paying insurance for the foreseeable future, possibly for the rest of your life. Get a broker to assess your insurance needs properly and ensure you are covered correctly. This will not only save you money on your monthly premiums but also if you need to claim, you know you are properly covered.

On top of just comparing quotes on your short term insurance (house and car), you also need to compare quotes on life insurance, medical aid and every single other monthly payment you have. Although this can be a tedious exercise, it will be well worth your time when you consider the amount of money you save in the long run. It is definitely worth the effort. Take a look at some of these companies:

Metropolitan
Momentum
Sizwe
Medihelp
Ingwe

Keep in mind that however you decide to invest, whether it's in property or the stock market. Be it fixed investments or retirement annuities, you need to consult an accredited financial advisor and get as many options as possible. The final result will be dependent on how well you research all your options and consider exactly what you want in the long term. Have your goals set and pursue them with dedication.

Finally, don't be shy to ask as many questions as you need to make sure you are satisfied before you sign anything. Stick to your payments. Make the small changes to your lifestyle to greatly improve your overall disposable income.

Never be embarrassed to get a second opinion if you aren't convinced of a particular course of action. Spend wisely. Live well.