Everything Counts | Ep 1: What does financial wellness mean to you?

Loading player...
Everything Counts is a new bi-weekly podcast series that focuses on money and financial wellness. Hosted by 702's Motheo Khoaripe, each episode tackles various aspects of personal finance, including saving, spending, investing, pitfalls to avoid and tricks to succeed. The podcast aims to provide valuable information and expert guidance to help listeners improve their financial well-being.

In this episode, we delve into the fundamentals of financial wellness with our guests, leading financial consumer journalist Maya Fisher-French and seasoned Investec financial advisor Kgomotso Motlaung. They break down the basics of managing money, debunk the myth that you need a finance degree to be financially savvy, and share practical steps to take control of your financial future.

Whether you're starting your career or looking to turn your financial situation around, this episode offers valuable advice on budgeting, planning, and overcoming the stigma of financial challenges. Tune in to learn how to build a solid financial foundation and avoid common money mistakes.

Key moments

00:00 Introduction
01:04 What is financial wellness?
02:41 What is financial planning?
03:19 The need for financial literacy
05:25 Tips for financial wellness
06:38 How a financial adviser can help you
10:40 Setting financial goals
14:23 How to ask for help getting finances in order
17:23 The importance of knowing your net worth
18:20 Building an emergency fund
19:13 Common money mistakes to avoid
21:42 How to be money wise and develop good money habits
23:40 Income protectors and insurance
25:10 Final thoughts
28 May 2024 English South Africa Business · Investing

Other recent episodes

Everything Counts | Episode 52: Has saving lost its meaning?

We've all heard the advice. Save more. Spend less. Start earlier. In this episode of Everything Counts, Motheo Khoaripe is joined by Investec's Nirvashni Rajkumar (KZN team leader for the Investec financial planning team) and Dorothy Asomaning (Investec Wealth & Investment Wealth Manager) to explore why saving is about much…
28 Jul 27 min

Macro Monday Ep125: Excellent earnings season so far

Although US earnings for the second quarter have mostly beaten expectations, markets appear to have wanted more. Chris Holdsworth, Global Chief Investment Officer, Investec Investment Management, says even companies such as Alphabet that have beaten forecasts have seen declines in their prices after results.
27 Jul 7 min

Macro Monday Ep124: AI capex and competition concerns weigh on stock markets

Increased competition among LLMs and uncertainty about the return on investment on AI capex are all weighing on the market performance on momentum stocks, such as semiconductor firms. Chris Holdsworth, Global Chief Investment Officer, Investec Investment Management, looks at some of the dynamics in global stock markets.
20 Jul 8 min

NOW Ep 131: South Africa’s consumer crunch

Are South African consumers past the worst of the fuel shock? Household budgets have been hit by higher fuel prices, rising inflation and pressure on real wages. But fuel prices are starting to fall. The risk is timing. Will relief arrive before households are forced to cut back further? Host…
14 Jul 24 min

Everything Counts | Episode 51: Managing global travel disruption

In this episode of Everything Counts, we unpack the real-world impact of geopolitical tension on global travel, from grounded flights and closed airspace to the human stories behind stranded passengers. What happens behind the scenes when airlines, advisors, and entire systems are forced to respond in real time? Host Motheo…
14 Jul 29 min