As we head into the holidays, most of us are probably thinking more about family braais, beach trips, and a well-earned break than about our personal finances. But before the year slips away, taking a few simple steps can help you start 2026 feeling organised and confident.
1. Give — and get something back
If you’re donating to a local charity or community project this festive season, check whether they’re a registered Public Benefit Organisation (PBO). Donations to these causes are tax-deductible (up to 10% of your taxable income), and all you need is a Section 18A receipt.
2. Top up your retirement savings
If you have a retirement annuity (RA), and are potentially receiving a year-end bonus, now’s the time to add a little extra. Contributions made before tax year-end (28 Feb 2026) can lower your taxable income by up to 27.5% of your earnings.
3. Check your investments
Markets change, and so do our goals. Take a moment to review where your money is invested. A short chat with your Wealth Manager can help you make small tweaks that create big wins over time.
4. Clear the clutter
Look over your budget and any lingering debts. Paying off or consolidating short-term loans can free up cash flow and reduce stress heading into the new year.
5. Plan for the year ahead
Think about what 2026 might hold — travel, renovations, or a new business idea. Setting clear financial goals now helps you make better decisions when the moment arrives.
