Woman&Finance

Do you ignore your debt obligations when things get tough?
Check out this episode on all the implications of ignoring your debt but also on how to negotiate with your debtors to lower your debts.

Watch the full episode by clicking on the link in my bio 💥

POV: You finally know exactly where your money is going 🤏🏾💥

MyAdvisor tool on the FNB App tracks your spending, your goals, your debt, your savings and gives you practical tips to close the gaps.

Make it a regular habit to check your bank statements!

What would your budget look like 👀

Women are often taught, not explicitly, that the more they give of themselves, the more worthy they become. That being selfless is noble, that putting everyone else’s needs first is what makes them a good mother, partner, daughter, friend, or employee. But over time, this constant giving can come at a cost. Many women become so accustomed to pouring into others that they neglect their own financial, emotional, and personal wellbeing. The reality is that your value does not increase because of how much you sacrifice. You do not have to earn rest, financial security, or fulfilment by constantly putting yourself last.

In this episode we discuss the true cost of raising kids, check out the full episode on News24 YouTube channel 💥

55 and wondering if you should open a TFSA?
The answer: yes you should!

Are you an influencer or solopreneur? Not sure where to start with your finances?
1. Build an emergency fund (to buffer months where business is slow)
2. Open a Tax-Free Savings Account and invest in Unit Trusts or Exchange-Traded Funds (do not let your money sit in cash only!)
3. Open a low-cost Retirement Annuity
4. Get yourself Income Protection insurance
5. Make sure your taxes are in order, ALWAYS!!!!

Do you remember what you did with your first adult paycheque?

Did you splurge or save? What informed your decision?

Watch the full episode of Money; It’s not Black or White on News24 YouTube channel 🤏🏾

A section 14 transfer is a legal process of moving retirement funds ( i.e Retirement Annuity) from one fund to another. This is a tax neutral movement, you will not trigger any tax.

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