Diamond BlueStar - authorised by Sanlam

Are there tax benefits for either the parent or the child when a parent contributes to a retirement annuity fund on behalf of the child member of that fund?

Short answer is: NO. Here's why...

Tax implications of retirement annuity contributions on behalf of minors – Glacier Insights Retirement annuity contributions on behalf of minors don’t qualify to roll over for use in later years, for the parents or the child

April Message from Andrew Prins and team at Diamond BlueStar

- "Living the life you dream of can be achieved when you make considered financial decisions"

Dear Facebook friends & followers,

This month, South 🇿🇦 Africa celebrates 30 years of democracy, a journey marked by progress and a continuous strive for a more just, inclusive, and prosperous society. But what does freedom truly mean? For many, it's about having choices – the ability to make decisions that shape your life's journey.

When we think of freedom, particularly financial freedom, we realise that it isn’t a one-size-fits-all approach, and that it goes beyond having a specific amount of money. It's about having the power to choose what matters most to you.

The good news? It is not a distant dream; you can start working towards your financial freedom today with the right knowledge and guidance. 📚 Click here - https://www.sanlamadvice.co.za/bluestar/Diamond/blogs - to find a library of financial knowledge on our Blog which you can save, bookmark, read later and share with family.

Regards
Diamond BlueStar
📞 031 267 2710
📧 [email protected]

Save your financial adviser's digital business card here - https://www.sanlamadvice.co.za/bluestar/Diamond/about-us

****BLOG ARTICLES****

📚What to know about the two-pot system, when you resign from your retirement fund at work

The two-pot retirement system, which is currently expected to come into effect on 1 September 2024, will bring about major changes to the retirement landscape and the rules governing retirement funds. This is what you need to know if you work in the private sector.

Read more👇 https://www.sanlamadvice.co.za/bluestar/Diamond/blogs/single-and-about-to-retire


📚30 Money moves for 30-somethings

Life doesn’t always go to plan, but by their 30s most people will be thinking about setting goals for their future. Whatever yours are, you can take steps to secure your financial future today.

Read more👇
https://www.sanlamadvice.co.za/bluestar/Diamond/blogs/30-money-moves-for-30-somethings

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https://www.sanlamadvice.co.za/bluestar/diamond/adviser/andrew-prins/8194317241134

Diamond BlueStar attends the Glacier International Seminar 2024.

So, you think you’re pretty good at managing your money? 💰 Great news if you are a budgeting whiz. But...
..with only 1 in 10 South Africans able to maintain their standards of living in retirement – plus the fact that we have been shown to be the biggest borrowers in the world – chances are you might not be as skilled with your cash as you think you are.

Lorraine wants to see how well you are on your way to financial freedom, test yourself against these 6 points. 📊

1️⃣ You don’t know how much money comes in and goes out each month

2️⃣ You have credit card debt

3️⃣ You’re surprised by your bills every month

4️⃣ You’re stressed about your finances

5️⃣ You’re not saving for retirement

6️⃣ You feel like you can’t talk about money with loved ones

Having a handle on your personal finances can make your life a whole lot easier. Fortunately, Diamond BlueStar is here to help, whether you want to save towards a back-up savings plan or a bucket list experience. 💼✨

Send Lorraine a message via email or WhatsApp - details on digital business card below -

https://www.sanlamadvice.co.za/bluestar/diamond/adviser/lorraine-myburgh/2549696409104

💰 💬 For some, talking about money is a no-go area. Money talks can be uncomfortable but they need to be had. This helps build an understanding of our relationship with it and also put plans into place to manage and grow it. 💡📈

We're here to help you turn this uncomfortable chat around by offering support and guidance to navigating it.

Book a free call on my Digital Business Card (in-person or virtual) - https://www.sanlamadvice.co.za/bluestar/diamond/adviser/anthony-dawson/170993727531

Anthony Dawson
📞 0824460416
📧 [email protected]
🤝💰

Protect your valued belongings with household insurance, covering loss, damage, or theft. Save money by combining your car, home, and building insurance.

Why Household Insurance Matters | Diamond BlueStar | Sanlam Financial Planners KwaZulu-Natal What you own is more than just stuff. It takes a lifetime to build up a collection of prized possessions so it’s important to ensure that you have enough financial support to repair or replace them in case they get lost, damaged or stolen. Let’s look at everything you need to know about househol...

💡 Here's an opportunity to sharpen your financial skills and make smarter money decisions.

Make contact and learn how we can partner up to build your financial know-how.

Speak to me, Carol McGillan
📞 0824615800
📧 [email protected]
Book a free meeting from 9 to 12 April at - https://www.sanlamadvice.co.za/bluestar/diamond/adviser/carol-mcgillan/5137626190648

🍖🍗🔥 Happy Family Day from all of us at Diamond BlueStar 💙 👨‍👩‍👧‍👦 Cherish the love and togetherness today.

💙
Diamond BlueStar
📞031 267 2710
📧[email protected]
🏢32 Westbrook Avenue, Westville, 3629



🏡🌟

🏥 Find doctors and hospitals near you across South Africa. 🇿🇦

A-Z list of medical practitioners nearby -

👨‍⚕️ Anesthesiologists

🦷 Dentists

🩺 General Medical Practitioners (GP's)

🧠 Neurologists

👁️ Ophthalmologists

👩‍⚕️ Physiotherapists

+more...

Try - https://medicaldirectory.co.za/

Please SHARE to your page if you find this useful.

Happy Easter to you and your loved ones from Diamond BlueStar 💙

📞 031 267 2710
📧 [email protected]
🏢 32 Westbrook Avenue, Westville, 3629
https://www.sanlamadvice.co.za/bluestar/diamond/adviser/anthony-dawson/170993727531

🙌🏥
🎉 Happy Doctor's Day for 30 March 2024! 🩺 We celebrate the men & women in white coats who selflessly dedicate themselves to our well-being. Thank you for your tireless commitment and compassion. Your healing touch changes lives every day.

💙
Diamond BlueStar

✨ Financial affirmations for your wallet (because PUBLIC HOLIDAY season can be rough) ✨

💎 "I am strong" 💎 - I’m strong enough to avoid temptation to overspend where it doesn’t make sense to.

💸 "I am not my thoughts & feelings" 💸 - I can observe those negative thoughts & feelings without attachment or judgement.

🌟 "I am capable" 🌟 - I can align myself to a budget with confidence.

🌱 "I am growing" 🌱 - I can allow myself to make mistakes and learn from them.

Got something of your own? Add it below 👇

👨‍👩‍👧‍👦🌅 Long weekends are a great opportunity to spend extra and create lasting memories with your kids!

No matter what activity you choose, make sure it's enjoyable for the whole family. Take advantage of the long weekend to slow down, unwind, and create special moments with your children. 😍💕

Don't forget to check out the amazing travel & entertainment savings that come with a Sanlam Reality membership.

✈️TRAVEL BENEFITS🧳
FlySafair Flights
Tempest Car Hire
Intercape Bus
Uber Trips
Emirates Flights
Bidvest Premier Lounges
Protea Hotels by Marriott®
LekkeSlaap
Viya

👨‍👩‍👧‍👦ENTERTAINMENT BENEFITS
Nu Metro Movies and Refreshments
Sanlam Group ENTERTAINER
RSAWEB

Explore all the benefits here: https://www.sanlamreality.co.za/benefits/travel/

https://www.sanlamreality.co.za/benefits/entertainment/

Inbox us your details to join Sanlam Reality before booking your next holiday.

🌟 Teach Your Kids Money Skills these School Holidays! 💰

March school holidays are here! It's the perfect time to help your kids become money-savvy. Here are a few quick tips:

💡 Budgeting Challenge: Give them a set amount to spend.

🛒 Grocery Shopping Game: Let them compare prices and stick to a budget.

📚 Money Management Books: Read age-appropriate books together.

💰 Entrepreneurial Ventures: Start a small business together, e.g. baking biscuits and selling them around your neighbourhood

🏦 Banking Basics: Visit the bank and set up a savings account.

LIKE & SHARE for your kids, family and friends to participate

🇿🇦 is an annual financial awareness campaign built to inspire and the to learn about and much more!

To learn more, explore the Blog Articles in the SAVINGS & INVESTMENTS category - https://www.sanlamadvice.co.za/bluestar/Diamond/blogs?serviceName=investments

🤔 Imagine you lived your whole life in a single day.

Every life stage.

Every big decision.

⬆️⬇️ The ups, and downs.

How would this impact the choices you make? Would it change the financial choices you make?

Sanlam's LIFE OF CONFIDENCE campaign shows you a life lived in 24hrs to help you understand what you need to do to provide for today - and to prepare for the future.

📅🔮 We know you can't predict the future, but you sure can plan ahead with the help of a trusted financial adviser.

Get in touch and let's talk about a plan to help you live with confidence, today and every day.

Diamond BlueStar
📞 031 267 2710
📧 [email protected]

7 March 2024 -
Sanlam’s Superior Performance Demonstrates Strategy Ex*****on and Vision

Sanlam reported a strong operating performance in its 2023 annual results after a series of adverse events impacted the global economy between 2020 and 2022. Learn more here...

Sanlam’s 2023 Annual Results Sanlam declared a dividend of 400 cents per share (2022: 360 cents per share). The declared dividend did not hamper the Group’s ability to deal with further financial stresses and reflects the underlying strength of the business.

South African Finance Minister Enoch Godongwana presented the annual budget on February 21, focusing on reducing government borrowing and addressing the gap between revenue and expenses. Farzana Botha, Segment Solutions Manager at Sanlam Risk and Savings, encourages us to see the National Budget Speech as an opportunity to have frank financial conversations with ourselves and commit to moving closer to our financial goals.

A Consumer Outlook of the Sa Budget | Diamond BlueStar | Sanlam Financial Planners KwaZulu-Natal South African Finance Minister, Enoch Godongwana, delivered his annual budget on 21 February, determinedly working to decrease government borrowing, while aiming to bridge the gap between revenue and expenses.

Want to know how much you could SAVE OVER THE NEXT 4 YEARS with monthly deposits?

Do you have a target amount you want to reach? 🎯🎯

Use this online calculator to find out how much you need to deposit monthly to REACH YOUR GOAL -
https://www.sanlamreality.co.za/wealth-sense/savings-calculator/

Need help with the calculations? Speak to a financial adviser - leave your details below to be contacted -
📞031 267 2710
📧https://www.sanlamadvice.co.za/bluestar/Diamond/contact-us/

The financial calculators on the links above are intended only as guidelines. The results will only be useful if appropriate inputs are used. The calculators may provide projections of uncertain future outcomes. Actual future values will be based on actual future experience and will differ from these projections. Before you take any action based on these calculations, we recommend that you seek sound financial advice from a registered financial adviser.

#366

Many women are solely responsible for their children 👩‍👧‍👦

SHARE this privately with a colleague or friend on WhatsApp who needs to see this -
https://wa.me/?text=https://www.sanlamadvice.co.za/bluestar/Diamond/blogs/single-mothers-even-more-at-risk-when-losing-their-income/

The importance of making careful provision should something unforeseen happen to a single mom cannot be overstated, as there is not a second stream of income generated by another person in their household.

When a single mother loses her ability to earn, the financial consequences can be devastating. 😳

Here is how you can plan and protect your income as a single mother, or when you have dependents.

Read more - https://www.sanlamadvice.co.za/bluestar/Diamond/blogs/single-mothers-even-more-at-risk-when-losing-their-income/

SAVE & SHARE THIS - Get in touch any time by clicking the link to my Digital Business Card below 👇
https://www.sanlamadvice.co.za/bluestar/diamond/adviser/kevin-edwards/637893634920

Kevin Edwards
Sanlam Financial Planner
📱 0833351509
📧 [email protected]

SAVE & SHARE THIS - Get in touch any time by clicking the link to my Digital Business Card below 👇
https://www.sanlamadvice.co.za/bluestar/diamond/adviser/kevin-leppan/921893808448

Kevin Leppan
Sanlam Financial Planner
📱 0832824818
📧 [email protected]

With inflation deeply denting purchasing power in recent years, leaving many pensioners financially constrained, or even out of pocket - 3 retirees share what steps they’re taking to cope with South Africa’s cost-of-living crisis.

Tip shared: "Debt can erode your wealth ahead of retirement."

Tip shared: "Saving and investing diligently can help you secure a better quality of life in retirement."

“How I manage my finances as a retiree” | JustMoney Persistent high inflation has financial consequences for pensioners. We explore what three senior citizens are doing to secure their fiscal wellbeing in retirement.