TIPS FROM EMIL TRAUTMAN

Good day bloggers. I first met Emil and his wife several months ago. Emil does Financial Planning, with a difference and I have found his 'tip' newsletter to be both interesting and useful - so being a sharing girl, here it is.

Emil on Monday

Welcome to Emil on Monday, a short Money Tips Newsletter.

Advice Notes:

The word interest (on debt) comes from the word usury and when translated from Hebrew means: “to strike with a sting as a serpent”. According to the Reserve Bank, 70% of household income is spent on debt repayment. This means that statistically you are drowning in your debt at this moment and you have been struck by “the debt serpent.”

How did you get here:
You do not budget or have a specific financial plan.
You make careless debt.

Luckily, with careful planning you could be debt free within a short period of time. Contact me for more detail… Remember to send your contact number.

Click here to get a free debt % calculator(Excel)

Money tip nr 25:

Be prepared to pay for good advice, as you would for any expertise. But make sure you deal with an adequately qualified adviser – preferably one who is accredited by the Financial Planning Institute. Good advice is worth its weight in gold. You would not go to a barber to have your teeth checked, so why go to someone for financial advice if that person is not properly qualified?

Are you in need of financial planning? I offer fee based financial planning and you do not need to purchase a product.
Click here to inquire…

Investment tip nr 6:

Investing in a commercial property syndication normally give you a higher than average monthly income and good capital growth.

In is also known as “NO HASSLE” property compared to a rental property. The some reasons are shown in this example:


Syndication
Rental
Income per R100 000 per annum
9% = R9000
Depending on area 4 to 6% = R6000
Maintenance
None - already accounted for in net income
To be deducted from income
Rent Collection Risk
None
High

To find out more about commercial property syndication and the benefits to you click here…

Have a fantastic week
Emil Trautman
083 562 4858