The debt statistics, especially for higher income earners, are alarming. Figures released as part of National Debt Awareness month show that, on average, higher income earners have increased their debt by 50% since 2014. In this podcast Maya and Mapalo unpack the reasons for this debt spiral and what to do if you are no longer keeping your head above water.
One of the ways to find that extra cash to start saving is to review your fixed costs, like short-term insurance. In this episode Maya and Mapalo discuss some of the new insurance players in the industry that are using technology to drive down costs. They also share tips to create “invisible” savings
You want to invest, but don’t know where to start? Whether you have R500, R5000 or R50 000 to invest, the principles remain the same. In this podcast discussion Maya and Mapalo are joined by personal finance blogger StealthyWealth to share their collective wisdom on how to start investing. The bottom line? Just start
This week, Maya ( @mayaonmoney ) and Mapalo ( @womanandfinance ) answer readers’ questions about retirement: when to take the cash and run or when to buy an annuity, how much you can draw of your capital and why good advice is worth paying for. They also give listener Thando, a young student, a few tips on how to start on the road to financial freedom.
In this first podcast edition for 2020 Maya and Mapalo discuss their own strategies to grow their net worth and how to set SMART goals. They also share the apps and tools they use to manage money.
In the final My Money, My Lifestyle podcast for 2019 Maya and Mapalo discuss how to prepare your finances for an uncertain future. Should you use your bonus to pay off debt or invest? Do you have enough pay cheque left for Januworry and what does a Moody’s downgrade mean for your investments? We also include a discussion on identifying crypto scams and how to know whether you are using a trusted platform.
The last four years of poor market performance highlighted the risk of relying on capital drawdown in retirement. In this final edition of our Investment Series with Marriott Income Specialists, Maya and Mapalo discuss how to start building a retirement portfolio that will provide a predictable and sustainable income.
Why you should invest offshore A decision to invest offshore should not be driven by fear but rather as part of a diversified investment portfolio for the best risk adjusted return. In this episode of Investment Series, Maya and Mapalo chat to Duggan Matthews and Lourens Coetzee from Marriott Income Specialists about offshore investing - where and how to invest as well as the tax considerations
Why women make great money managers. Maya and Mapalo discuss how women tend to approach money and finances and why this can be either an attribute or hold them back from taking necessary risk. Sean Sanders and Louis Buys from crypto platform Revix join the discussion sharing their experiences, not only on how women investors approach crypto, but also their own investing strategies, their successes and mistakes.
Is it possible to invest in socially responsible businesses and make a return on your investment? In this podcast. Maya and Mapalo chat to Duggan Matthews and Lourens Coetzee from Marriott Income Specialists, who argue that in fact, only those companies that are socially responsible will deliver sustainable, long-term returns.
Do you know your net worth? In this podcast Maya and Mapalo discuss how to calculate your net worth and how to use it to track your financial progress. They also look at the best ways to finance your home loan and whether it makes sense to focus only on paying off debt or finding a balance between investing and debt reduction
This week’s episode is part of our Investment Series where we focus on investing and specifically investing for a sustainable income. Maya and Mapalo chat to Lourens Coetzee and Duggan Matthews from Marriott about why investors are returning to a dividend focused investment strategy. What are dividends and how can how they can be used to create a passive income?
Cryptocurrency: Is this money, an asset or a get rich quick scheme? What exactly is cryptocurrency? Is it something we should be investing in and if so how do we do it? Maya and Mapalo ask the questions you may be too shy to ask. Cryptocurrency experts Sean Sanders and Louis Buys, co-founders of Revix, help us unpack the world of digital money
In her book, “You are not broke, just pre-Rich” Mapalo explains that moving towards financial freedom starts with a state of mind. In this podcast Maya and Mapalo discuss what drives our buying decisions and how you can blow R200 a month on “unconscious” spending or use it to become a millionaire.
Facing retrenchment is a very frightening experience, but you can manage the stress and financial fallout if you have a plan in place. Maya and Mapalo discuss the many options, including insurance, you may not even know you had that can lessen the financial blow. If you are facing retrenchment or know someone who is – listen to this podcast..
Have you ever thought of signing up to sell make-up, health drinks or cleaning products to make a few extra rand? Maya and Mapalo chat to journalist Angelique Ruzicka about whether direct selling is a way to make your millions or just a disguised pyramid scheme. Maya also chats to personal finance blogger Brendan Dale about why the profit when selling your home may actually be a loss.
With proper planning you can have that overseas trip without financial regrets. Maya, Mapalo and personal finance blogger Brendan Dale share their travel budget secrets
With proper planning you can have that overseas trip without financial regrets. Maya, Mapalo and personal finance blogger Brendan Dale share their travel budget secrets
Maya and Mapalo speak to personal finance blogger Brendan Dale about how he manages his budget to achieve Financial Independence to Retire Early (FIRE). Is it a fad or something we could all apply to our finances?
Maya and Mapalo speak to personal finance blogger Brendan Dale about how he manages his budget to achieve Financial Independence to Retire Early (FIRE). Is it a fad or something we could all apply to our finances?
In this week’s edition, Maya and Mapalo explain how you can pay your house off as quickly as your car and discuss how easy it is to fall for a scam. The recent raid by the authorities on CoinIt and Commex Minerals highlights the rise of dubious investment offers which are aimed at financially desperate people.
In this week’s edition, Maya and Mapalo explain how you can pay your house off as quickly as your car and discuss how easy it is to fall for a scam. The recent raid by the authorities on CoinIt and Commex Minerals highlights the rise of dubious investment offers which are aimed at financially desperate people.
Maya and Mapalo discuss the dangers of signing up for a credit facility as well as how your partner’s debt can impact your credit score
Maya and Mapalo discuss the dangers of signing up for a credit facility as well as how your partner’s debt can impact your credit score
If you have an investment policy someone is earning commission on it. When did you last speak to your adviser and do you even know who they are? Maya and Mapalo discuss commissions, fees, advice as well as why you need to start being more careful about protecting your online data.
If you think the signing in of the debt relief bill means your debt woes will soon be over, think again. Maya and Mapalo look at the implications of the so-called debt relief bill both for consumers and credit providers.
Building a long-term share portfolio requires more homework than just investing in the latest hot stock you heard about around the braai. Maya and Mapalo discuss what it takes to make the right investment decision
Maya and Mapalo explain the evils of balloon payments and why they explode your finances. They also provide some tips on how to settle that balloon payment hanging above your head.
How much tax do you save by investing into an RA? What is the tax bill when you cash out? Why is it a bad idea to use your pension to settle your debts? If you are thinking about cashing in your retirement fund or starting one, listen to Maya and Mapalo’s responses to reader questions
