This year has been anything but ordinary, so take the time to reassess your finances and decide if your financial plan requires tidying-up.

Start by listing your assets, liabilities, income and monthly expenses. Decide how much money you want to save and how you will spend the remainder. You can then revise your budget so it remains realistic.

Your investments should suit your risk tolerance, time horizon, age and financial circumstances. They should also be structured tax efficiently. Your short-term insurance, medical scheme and other policies should accurately reflect your circumstances and beneficiaries.

Click to read more about being financially healthy.

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