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Showing posts from 2014

Your days are numbered, make them count

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I was born on the 26th of July 1986 I have been on earth for 28 years (up to birthday) Of these 21 were non-leap years and 7 were leap years The 28 years equal 10,232.35 days and 245,574 hours As of yesterday 12 November 2014; I have been on earth for 10,341.25 days and 248,190 hours God said in Genesis 6:3 Then the LORD said, "My Spirit will not contend with humans forever, for they are mortal; their days will be a hundred and twenty years." (NIV) Moses in Psalm 90:10 "The days of our lives are seventy years; and if by reason of strength they are eighty years, yet their boast is only labour and sorrow; for it is soon cut off, and we fly away. Ecclesiastes 12:1-4 Remember now thy creator in the days of thy youth... v4 In the day when the keepers of the house shall tremble (legs), and the strong men shall bow themselves (arms), and the grinders cease because they are few (teeth), and those that look out of the windows be darkened (eyes) [K

Look closely into financial matters

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This is a clarion call to each and every person who is using any service provider in South Africa, especially those which utilise debit orders for the payment of the dues. Just this year alone I have had four separate experiences with four different service providers which I will delve into below, along with some lessons learnt. I will not state outrightly their names but it should not be hard for you to pick out who they are :) Vehicle Insurance Mid-last year we decided to get a vehicle and with it came the need to get vehicle insurance. The insurance company which generally speaking is not one that automatically comes to people’s minds was giving a relatively better premium and excess- based on my profile.  The vehicle model is 2011 but as year of first registration was 2013, a mix up happened and the vehicle was registered as such. The premium I was paying was therefore based on a newer version and not the right version. I raised the issue with the company and

Diving into the South African Grants System

Population and Employment statistics StatsSA mid-year population estimates for July 2014 stood at 54 million. [1] Approximately 30% of the population is aged younger than 15 years (16.2 million) and approximately 8.4% (4.54 million) is 60 years or older. This puts the 15-59 age group at 61.6% (33.264 million). The 2014 Quarter 1 (Jan to March) Labour Force Survey shows the Population aged 15–64 years as 35.177 million. The Labour force being 20.122 million, these are the people of a productive age who can be employed. The people actually employed was 15.055 million with the employment in the formal sector in the formal sector (non-agricultural) being 10.78 million [2] Government Revenues Government gets money and spends money in the same way an individual does. Taxes such as income tax, corporate tax, value added tax (VAT), fuel levies, customs & excise duties form the revenue inflows for government. In the 2013/14 budget, tax revenue from personal income ta