Analyze and Improve Employee Well-Being

About, Motivation, Personal Well-being Send feedback »

Article Sourced from Mind Tools

The original Article and further learning skills can be found here

The JD-R Model - Key Points

Researchers Arnold Bakker and Evangelia Demerouti developed the Job Demands-Resources (JD-R) Model in 2006. The model states that when job demands are high and job resources/positives are low, stress and burnout increase. Conversely, a high number of job positives can offset the effects of high job demands.

Take the following steps to apply the JD-R Model:

1. Identify job demands.
2. Address job demands.
3. Identify possible job resources/positives.
4. Address job positives.

When you lessen job demands and promote job positives, your team will experience less stress, and they will have a greater sense of engagement and motivation.

So, if your people are stressed, use our list of actions to create a happy, supportive working environment.

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Debt Consolidation – The Three Ways

Financial management, Personal Financial Management, Debt Management, About, Loans Send feedback »

Article by our Guest Writer - Samatha Spuckler

About the Author:

Samantha Spuckler is the Community Member of "Debt Community" and has been contributing her suggestions to the Community at

Debt Consolidation

The process through which the monthly debt re-payment and the interest rates on your debts may be lowered is known as Debt Consolidation. It helps you to make regular debt re-payment without hurting your credit rating further, in essence – getting out of financial trouble in a planned way which you can afford.

There are mainly two ways in which you can achieve debt consolidation.

a) You can do it on your own or

b) You can get help from a Debt Consolidation company.

The processes that you follow in order to consolidate your debts are balance transfer, taking out a new secured or unsecured debt consolidation loan, or enrolling into a debt consolidation plan.

The three types of Debt Consolidation

If you want to consolidate your debts on your own, you will have to negotiate with your creditors directly.

1. Balance Transfer

In balance transfer, you will have to transfer the balance from the credit cards which have high interest to a new credit card offering you 0% on balance transfer. Alternatively, you can transfer the balance from the other credit cards to a low interest rate credit card. When you have done  this, the several debts that you were required to pay before get grouped as one consolidated debt. The interest rate on your debt gets lowered if you successfully received a lower interest rate on your new card. The lowered interest rate and the single debt make it somewhat easier for you to make the single debt re-payment each month.

2. Consolidated Loan

The other way in which you can consolidate your debt on your own is by taking out a new consolidation loan. You can try to get either obtain a secured consolidation loan or an unsecured loan. In the case of a secured consolidation loan, you will have to pledge an asset as collateral. It may be your home, your car or any other asset that you have. If you default on the repayment terms of your loan, eventually you will lose your asset.

On the other hand, in case of an unsecured consolidation loan, you are not required to pledge anything as collateral. However, the interest rates on these types of loans are generally higher than the secured ones.

3. Debt Consolidation Plan

However, if you think that it won’t be possible for you to consolidate your debt on your own, you can consolidate your unpaid financial obligations through a planned debt consolidation program. In a debt consolidation plan you are required to make the monthly debt repayment to the debt consolidation company who then disburses the payment to your creditors.

Here, the debt consolidation company works with you and your creditors to finally agree on the debt repayment plan that suits all parties. However, there is a fee associated with this process.

Decide for yourself which debt consolidation option is the best for you based on the debt problems you are having and your ability to resolve them.

Investing 101

Personal Financial Management, Investment Management Send feedback »

Source: Articles from the Education Centre

Learn About:
1. Beginning Investing
Getting Started in Investing, Risk and Return, Choosing a Broker

2. Bonds

3. Charts

4. Choosing a Broker

5. Currencies

6. Debt
Warning Signs of Debt, How to Manage Your Credit Wisely

7. DRIP & DSPP Plans

8. Investment Clubs
An Investment Club is a Great Learning Experience, Pitfalls for Your Investment Club to Avoid

9. Mutual Funds

10. Property/Real Estate
10 Things Your Real Estate Broker Won't Tell You, Buy, Don't Rent, When You Can Afford the Down Payment

11. Options

12. Stocks

Guides from Yahoo! Finance

Personal Financial Management Send feedback »

Source: Education Centre

Banking & Budgeting
Career & Work
College & Education
Family & Home
Real Estate

The "How To" Guides can be found here.

10 Things to Avoid being a Victim of Fraud

Financial management, Investment Management, Investment Risk, Fraud Send feedback »

Source: Article extracted from "Beginning Investing" found in the Education Centre. - "Investment Tips" section

Many people who become victims of fraud could have avoided it by just being a little more careful or better informed. Read on to find out how to beat a fraudster at his own game...

1. Don't allow yourself to be pushed into a hurried decision. No matter what you're told to the contrary, the reality is that at least 99 percent of everything that's a good deal today will still be a good deal a week from now. And the other one percent isn't generally worth the risk you'd be taking to find out.There may be times when you'll want to make a prompt decision, but those occasions shouldn't involve an irrevocable financial commitment to purchase a product or make an investment that you're not familiar with from a caller that you don't know.

2. Always request written information, by mail, about the product, service, investment or charity and about the organisation that's offering it. For legitimate firms this shouldn't be a problem. Swindlers, however, may not want to give you time for adequate consideration, may not have written material available, or may not want to risk a run-in with legal or regulatory authorities by putting fraudulent statements in writing. Insist on having enough time to study any information provided before being contacted again or agreeing to meet with anyone in person. Some high-pressure telephone sales calls are solely for the purpose of persuading you to meet with an even higher-pressure sales person in your home!

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Tips and Traps for Today's Retirees

Financial management, Personal Financial Management, Retirement Planning Send feedback »

Articles by Christine Benz in Morningstar

About the Author:
Christine Benz is Morningstar's director of personal finance and author of 30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances and the Morningstar Guide to Mutual Funds: 5-Star Strategies for Success.

Retirement expert Julie Jason discusses how to avoid frequent retirement pitfalls and what questions to ask before buying an annuity.

To help answer these and other crucial retirement-related questions, we recently sat down with Julie Jason, financial columnist and author of The AARP Retirement Survival Guide: How to Make Smart Financial Decisions in Good Times and Bad, which received the 2010 International Book Award for personal finance. Julie directs the investment-management practice of Jackson, Grant Investment Advisers of Stamford, Conn., specializing in managing customized portfolios for conservative retirees and their families ($2 million-plus). Her award-winning column, “Road to Security,” is in its 11th year of publication (Greenwich Time/Stamford Advocate).

Julie started her career on Wall Street more than 30 years ago as a securities attorney. Her views on the delivery of financial services--calling for healthy skepticism--are shaped by her experiences as a lawyer and a manager as well as her work as an arbitrator (chairperson's roster) and mediator for FINRA, the largest independent regulator for all securities firms doing business in the United States.

Read the whole article here.

How To Finish Strong!

Motivation Send feedback »

1. How to Finish Strong - Amazing Stories Story by Dan Green

2. Are You Going to Finish Strong - a Video Story by Nick Vujicic

3. Are You Going to Finish Strong - Al Pacino's Inspirational Speech from Any Given Sunday

4. Are You Going to Finish Strong - a Video Story by David Mc Nally

How To Save for your Kids' Education

Saving, Personal Financial Management, Budgeting Send feedback »

Source: Article by Thuli Zungu - Consumer Line

Product Information:
For more information call Fundisa on 0860 FUNDISA (386 3472), visit a Standard Bank branch or download a brochure and application form from

Previous Articles:
R1.2m in bonus payments for Fundisa investors

BESIDES life, there is another precious gift parents can give to their children. One that you could set them up for life and never devalues - the gift of a good education.
But the reality is that, with cost of higher education skyrocketing every year, many parents can't afford to send their children to universities.
Besides obtaining or qualifying for a bursary there are other options.

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Manage Your Money - Series from Personal Finance

Personal Financial Management Send feedback »

Source: Various Articles by Personal Finance writers

Use the Read More... link below to find out:

* How to ... get the right advice on life assurance
* How to ... recognise the level of risk you pose to a life assurance company
* How to ... tell long-term from short-term cover
* How to ... get the right advice on life assurance
* How to ... join a medical scheme
* How to ... make the most of your medical savings account
* How to ... manage your out-of-pocket medical expenses
* How to ... choose a suitable medical scheme option
* How to ... choose a medical scheme
* How to ... cover your medical needs
* How to ... avoid a property scam
* How to ... invest in property syndication's
* How to ... buy and rent out property
* How to ... invest in listed property
* How to ... finance the purchase of a property
* How to ... buy into a share block property
* How to ... buy a sectional title property
* How to ... buy a freehold property
* How to ... set up a special trust
* How to ... plan your estate
* How to ... draw up a valid will
* How to ... get the most out of your financial planner
* How to ... get your financial needs analysed
* How to ... find a financial planner
* How to ... invest offshore (Part 2)
* How to ... invest offshore (Part 1)
* How to ... invest in hedge funds

Full story »

Get a Loan when you are Older than 65

Retirement Planning, Loans Send feedback »

Source: Article by Helena Wasserman of the Fin24 Money Clinic

Too old for a loan?

Johannesburg -'s Money Clinic recently received this query:
"I am over 75 and selling a house which should net me R1m. I am marginally overdrawn with Nedbank and applied for a loan as advertised; despite offering the unmortgaged deeds of five properties as security, the loan was refused as I was over 75. The bank manager would also increase my authorised overdraft. I was told there was some credit available on my Visa credit card and I would have to live on that. I have banked with Nedbank for 25 years. Will another bank lend me money?" the user asked.


"Although the National Credit Act does stipulate that one cannot be discriminated upon when applying for finance on grounds of race, religion, sex and age, it is the bank's discretion to approve or decline loans", said Uzile Gugushe, marketing officer of Ombudsman for Banking Services. "No one can compel banks to approve or grant loans."

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Save for Retirement at 45

Personal Financial Management, Investment Management, Retirement Planning Send feedback »

Source: Article by Allan Gray via FANews

More than 70% of South Africans, particularly in their 20s and 30s, cash in their retirement savings when they change jobs, severely hampering their ability to retire financially independent. Then, in their forties, they begin to think about the future and realise they’ve made a substantial error in judgment.

According to Allan Gray, all is not lost. Jeanette Marais, deputy director of distribution and client services, says that while starting as early as possible is vital, it’s still possible to make provision for your retirement starting at 45. “It’s not only necessary, it’s imperative,” she says. But you’ll have to save harder, work for longer, and invest wisely so that what savings you do have, achieve the best possible returns.

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Calculate Provisional Tax - A Last Minute Guide

Tax Optimisation Send feedback »

Source: Article by Tony Barrett - Moneywebtax

As the second provisional tax payment for the year looms at the end of February, it is worth remembering that SARS has radically changed the rules upon which this payment for the 2010 tax year needs to be made.

In calculating what you owe, remember that the rules for the second provisional tax payment for 2010 have changed.

Previously, most provisional taxpayers could use the ""basic amount"" based on their previous assessment and be assured that, if necessary, they could top up on the assessment or with the third provisional tax payment in September. The current scenario is that provisional taxpayers are classified into two tiers:

Tier 1: Provisional taxpayers whose taxable income for 2010 will be less than R1m.

Tier 2: Provisional taxpayers whose taxable income for 2010 will be greater than R1m

Tier 1 taxpayers can base their estimate for the second provisional tax payment on the lesser of the last assessment (if not a current assessment they must increase by 8% per annum) or 90% of their actual taxable income.

Tier 2 taxpayers must base their estimate for the second provisional tax payment on at least 80% of their actual taxable income for the 2010 tax year.
Practically, this means that taxpayers have to accurately estimate what their taxable income will be for the 2010 tax year, before the completion of the tax year.

Both Tier 1 and Tier 2 taxpayers need to include capital gains in their calculations. The second provisional tax payment is due by February 28 2010.

PLEASE NOTE: This is an article extract from the publication and by the author mentioned. Please note that this article is to VIEW only as a member of the TAXtalk tax library and cannot be printed or copied. If you want a copy please contact the publisher.

Boost your Retirement Annuity and Save Tax

Retirement Planning, Tax Optimisation Send feedback »

Source: Article by Tax Talk - Moneywebtax

Less than a month to go to boost your Retirement Annuity (RA) and save tax. The current tax year will come to an end on February 28 2010 and this means the time has come to carefully review your finances.

New generation retirement annuities (RA), amongst other benefits, allow investors to make ad hoc top up payments to their RA policy. Taxpayers are allowed to claim retirement annuity contributions of up to 15% of their taxable income, after taking into account contributions made to pension and/or provident funds. South African taxpayers pay tax at the high end of the tax brackets at fairly low levels of income:

• 30% tax is payable on income above R210,000 per annum
• 35% tax is payable on income above R290,000 per annum.
• 38% tax is payable on income above R410,000 per annum
• 40% tax is payable on income above R525,000 per annum

Over the last few years, most of the significant tax breaks available have been eroded to almost nothing, thanks to the effects of inflation and legislation.

However, to encourage retirement savings, tax deductions on retirement funding vehicles have been retained.

Therefore, to minimise your tax bill, review your cash flow and consider making top up investments to your retirement annuity product.

If you wish to make an additional contribution to your RA this tax year, most companies require you to complete a retirement annuity fund additional contribution form online, send it to them, fax it or e-mail it.

PLEASE NOTE: This is an article extract from the publication and by the author mentioned. Please note that this article is to VIEW only as a member of the TAXtalk tax library and cannot be printed or copied. If you want a copy please contact the publisher.

Apply your mind when choosing a financial advisor

Personal Financial Management, Investment Management, Retirement Planning Send feedback »

Source: Article by Thembisa Mapukata, an Old Mutual Marketing Manager in Sundayworld

The tax year closes at the end of this month but it’s not too late to review your taxes. If you’re already looking to the next tax year, here are some tips on how best to choose an investment partner, writes Thembisa Mapukata

1. Accessibility: rule No1!
Choose a professional asset manager who has a proven track record and a “high street” presence. You don’t want to entrust your hard-earned money to a fly-by-night that you may never see again!

Full story »

Thrive in the Cash Crunch

Saving, Personal Financial Management, Budgeting, Cash Flow Management, Debt Management Send feedback »

Source: Article by Maya Fisher-French

Nobody said 2010 was going to be easy. But making sure you have enough money to make it through the year should be at the top of your to-do list.

How to budget
This is how your money should be spent:
35% on household expenditure: This includes spending on domestic wages, food, communications, entertainment, security, travelling costs, water and electricity.

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Talk Money with your Honey.

Personal Financial Management, Budgeting Send feedback »

Source: Article from Moneyweb, sourced from NEW YORK (Reuters); Book written by Manisha Thakor and Sharon Kedar.

Book urges couples to "Get Financially Naked"

If you're willing to undress in front of someone in a relationship, you should be able to undress financially as well, say the authors of a new book. Money can be one of the most difficult subjects for couples to talk about, and "Get Financially Naked" aims to help them share not only details of their finances but also their thoughts, attitudes and fears about money.

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Make 2010 the Year You Put Your Money to Work for You

Personal Financial Management Send feedback »

Source: Article by Laura du Preez

Here are some easy-to-implement financial commitments you cannot afford to break.

The start of a new year is the time to make resolutions. Typically, we resolve to do things that will improve our lifestyles, such as exercising more, losing weight, spending more time with our children, studying harder or working smarter. You can improve your financial lifestyle by sticking to a few simple resolutions that may be easier to keep than staying away from chocolates or getting up at 5am to go to the gym. We have a few items you may wish to add to your new year’s resolution list.

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Investment Management Send feedback »

Source: Investment Tips by Market Views

# Don’t chop and change between companies – only if the company is doing badly should you sell your shares and invest in a better company.
# Don’t stress if the stock market goes down – ride it out and it will eventually correct itself again.
# The value of your shares will grow if you choose a successful company to invest in.
# Never borrow money to buy shares - only use money that you have set aside specially for long-term investment.

Full story »

Lend Money to Family and Friends

Financial management, Investment Management, Loans Send feedback »

Source: Article by Clare Baldwin

* Advisers help arrange relationship-based loans
* People you know more likely to pay you back - adviser

NEW YORK, Jan 7 (Reuters) - Lending money to family and friends can be profitable, and it doesn't have to lead to hard feelings.

People are very willing to lend to the ones they love, but they want to be paid back. Increasingly, they are turning to financial advisers for help. One adviser helped a husband and wife make money while financing their daughter's graduate studies in physical therapy. Another helped formalize a $10,000 loan between friends for a therapeutic dance studio. A close personal relationship between lender and borrower can help guard against default, but advisers say they also must prepare their clients for bad news.

Full story »

Use Less Fuel & Save Money

Saving, Budgeting, Cash Flow Management Send feedback »

Source: Article by Chris Lockett, BP’s Fuels Technology Manager

Despite rising fuel prices you can save money these holidays by being aware of the aspects that increase consumption. BP has compiled some easy to implement tips for all drivers. There is no need to buy expensive add-on equipment to reduce fuel consumption. "The surest way to save on fuel is to simply change the way you drive,".

He offers the following suggestions:

1. Hard acceleration. Accelerating hard and using high engine speeds will make the engine consume more fuel. This is because, under high loads and speeds, the engine is not operating very efficiently. Accelerating more steadily to the desired speed will reduce fuel consumption and emissions. Using the engine in its most efficient range can reduce consumption and emissions:

* For petrol, changing gear at 2500rpm is recommended.

* For diesel, changing gear at 2000rpm is recommended.

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Keep your Spending in Line

Financial management, Personal Financial Management, Debt Management Send feedback »

Source: Article by Andrew Warren

1. Make a shopping list and stick to it.

2. If you are paying cash, you should always ask for a discount.

3. Don’t sign up for interest bearing department store cards. In the long run, those special offers like discounts and vouchers for opening a new account will cost you way more in interest charges.

Full story »

Define Investment Risk and Unit Trusts

Personal Financial Management, Investment Management, Investment Risk Send feedback »

Source: Equinox Article - written be EFS Investment Solutions

All investing entails a greater or lesser degree of risk. It is useful to analyse the risk factors in your investment class and be clear on what weight they hold in your investment decisions....

Source the Top Unit Trust Fund Performances in South Africa

Wealth Creation, Financial management, Personal Financial Management, Investment Management Send feedback »

Data Source: Equinox Information - provided by EFS Investment Solutions or
Go to the Equinox Top Fund Performances Data Tables via this permanent Factual Finance link

Disclaimer: It is important for anyone intending to use any Equinox Top Fund Performances information provided herein to understand that these are provided in good faith as a free service to our readers. As such we cannot be held liable for any losses incurred as a result of these or adverse market movements.

Improve your Investment Outcome

Personal Financial Management, Investment Management Send feedback »

Source: Equinox Articles - Edited by Liz Still

How patience and understanding your emotions will improve your investment outcome.

Read this Article written by Piet Viljoen, Chief Investment Officer of Regarding Capital Management where he describes how his company makes investment decisions and how these are implemented.

Manage your Credit Rating [Score]

Debt Management Send feedback »

Source: Credit Expert - Consumer Advice

Credit Explained
You want to buy the car, but will you get the loan? You fill out the application for a retail account, but will it be approved? Your heart rate quickens; your brow is damp. How do you know if you will get the loan? Who will decide? And more importantly, on what basis will they make their decision? Your credit profile shouldn’t be a mystery, and it doesn’t have to be.

What is a Credit Rating [Report or Score]
A credit report is a financial ‘report card’. Do you regularly pay your accounts on time? Do you pay the amount required? How often do you apply for credit? How much debt are you in? Your credit report answers these questions and more, creating an accurate picture of how you maintain your accounts, both past and present.

How do I maintain a healthy credit rating?

* Pay your accounts on time every month
* Pay the full installment owed each month
* If you are unable to make a payment due to unforeseen circumstances, talk to the company concerned and make alternative arrangements to pay back what you owe
* Never buy on credit without knowing if you can afford the repayments
* Try to keep credit repayments between 20% and 30% of your income. If you earn R5 000 per month, keep your credit obligations between R1 000 and R1 500 per month
* Stay informed about your personal credit information. Obtain a copy of your credit report at least once a year
* Never lie on an application for credit
* Never ignore a letter of demand for payment. Make a phone call or write a letter to explain your situation
* Never ignore a summons to court for non-payment. This could have a serious reflection on your credit report

Full story »

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