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

Investec Focus Radio SA

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 Financial wellness insights · Private Banking for you · Investec Focus Radio SA