Episode 27: How to Plan for your Financial Future for the Long Run

In this week’s episode of the #MoneyMagic series, I invited my financial advisor, Chenine Gouws, to sit down and have a conversation with us about planning for our financial future.

 

I started working with Chenine about 8 years ago when I was still in debt and working on paying off US$60,000 in debt. When I met her, I had very little savings and hadn’t even started my investment journey. 

 

Because I was so focused on paying off debt, I could only invest R200 (about US$15) per month in unit trusts and about R500 (US$35) a month into my retirement annuity, it wasn’t much and honestly but that was the start of my personal finance journey.

 

Over time my I have more than 10X’ed my investments and in the process, I’ve learned a lot from Chenine and from my own journey. 

So in today’s episode, she answers some really great questions:

 

•  Should you focus on saving and investing or paying off debt?

• How do you plan for your financial future in the long run?

• Is there an investment or a plan people can put in place for unemployment if there is a sudden downturn? 

• What is the difference between life insurance and funeral policies? 

• How to write a will and why you need a will

 

GRAB YOUR CUP OF TEA AND YOUR JOURNAL, CLICK PLAY ON THE VIDEO BELOW AND DIG IN, YOU ARE IN FOR A TREAT.

 

If this resonated with you and you are done working hard but not seeing the financial results of your work, then I invite you to check out and register for the Money Magic course.

Click here to register/ sign up for the wait list for the Money Magic Course.

 

You can also download the free eBook here:  weathy-money.com/workbook