Maybe its time to rethink ‘vat ‘n sit”! According to Stats SA Marriage rates in South Africa have seen a significant decline, dropping by 29.5% between 2013 and 2022, this trend highlights a shift in societal norms with many couples choosing cohabitation over traditional marriage. For some, this decision reflects a belief that commitment doesn’t require legal formalities, while others see it as a way to maintain financial or personal independence.
While living together may seem like a way to avoid financial entanglements, cohabiting couples often face just as many  financial considerations as married couples. From life cover and estate planning to cohabitation agreements and wealth-building strategies, proactive financial planning is crucial. To further unpack we are joined on the line by Queen Malobane, Provincial General Manager at Metropolitan.

Maybe its time to rethink &lsquo;vat &lsquo;n sit&rdquo;! According to Stats SA Marriage rates in South Africa have seen a significant decline, dropping by 29.5% between 2013 and 2022, this trend highlights a shift in societal norms with many couples choosing cohabitation over traditional marriage. For some, this decision reflects a belief that commitment doesn&rsquo;t require legal formalities, while others see it as a way to maintain financial or personal independence. While living together may seem like a way to avoid financial entanglements, cohabiting couples often face just as many &nbsp;financial considerations as married couples. From life cover and estate planning to cohabitation agreements and wealth-building strategies, proactive financial planning is crucial. To further unpack we are joined on the line by Queen Malobane, Provincial General Manager at Metropolitan.

Serious and topical issues on continent, breaking stories.

Serious and topical issues on continent, breaking stories.