This online library will help you think about important financially focused questions that you should be asking.
It will also direct you to financial information that may be relevant to you and your current situation or life experiences.
What is a Life Experience?
We often talk about the big moments in our lives as ‘Life Events’ or ‘Life Stages’.
Life events are important moments in our lives but are not always a once off event, but rather a period in our lives that we are experiencing.
These times in our lives are called ‘Life Experiences’. You can live through more than one experience at a time and each experience could go on for a long time.
Most people may not live through some of the life experiences at all and will experience them at different times of their lives - there is no specific order (except for death).
Live-in partner (co-habitation)
Moving in with a partner or getting a place together is a huge step in any relationship. When you have made the decision to move in together, the focus on the relationship has to move from a “lovey-dovey” perspective to a “business” perspective when dealing with financial decisions.
Questions
Always talk to your partner about how you are going to deal with financial issues. Here are some things to think about.
Important things to think about
Click on the icons to see the types of questions you should be asking yourself...
Will I move in with my partner or will we get a new place together?
Do we have a good credit score or will our applications for a place to live be turned down?
What living expenses can I afford to pay?
Will my partner and I contribute equally towards the monthly expenses?
Important things to think about
Click on the icons to see the types of questions you should be asking yourself...
Do I share the same financial goals as my partner?
Do we have a living agreement or contract in place?
What will happen if the relationship ends?
Learning series
The FSCA have put together a learning series just for you. The topics selected will help you through the financial side of your life experience.
Recommended for you
The FSCA have made recommendations of topics that may help answer some of the questions you may have.
Download all the content for these topics in the resource folder.
How to access the resource folder
Click the menu button on the top left. Click on Resources. Download the documents.
Accessing other topics
Remember, these suggested topics are not the only ones available to you. If you would like to explore our other FSCA learning series you can visit our website.
www.fscaconsumered.co.za
Conclusion
We hope that the information is informative!
We challenge you to put this knowledge to practice so that you can make financially smart decisions!
Remember to download the content before exiting the module.
