One of the most striking things that I experienced when I first visited the United States of America (USA) was the high levels of financial literacy amongst ordinary citizens. I landed at the JF Kennedy International Airport in New York and met with Rob, a Black American taxi-driver, who drove me from the airport to …

Diversification is one of the most important aspects when it comes minimizing risk within an investment portfolio. The rationale is that a portfolio constructed of different kinds of investments poses a lower risk than any individual investment within the portfolio. Diversification therefore helps to mitigate the unpredictability and volatility of markets for investors. By increasing …

A common feature when one looks into how households allocate their income on a monthly basis is that a significantly large proportion of household income is being directed towards motor vehicle expenses. This is partly due to high car maintenance costs, insurance, parking, petrol, and licensing expenses. Ideally, a healthy budget should allocate about 35% …

Globalisation, innovation and technology have not only changed the way people live but also impacted consumer trends. Consumers now have new tastes, are more mobile than ever and are targeting new markets and asset classes. Increased mobility and new technological trends are demanding that consumers be in full control of their money and have a …