Everything Counts | Ep 2: How can I manage my money better?

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 dive into budgeting and discuss how to manage your money better. Our expert guests, seasoned Investec financial advisor Kgomotso Motlaung and leading financial consumer journalist Maya Fisher-French, share their insights on budgeting and offer practical tips to help you take control of your finances.

Whether you're just starting out or looking to improve your budgeting skills, this episode will provide the guidance you need to achieve your financial goals. Tune in now and start making every penny count!

Skip ahead

00: 00 Introduction
01:12 Maya’s budgeting story
03:12 Why is budgeting important to your financial wellness?
04:11 What are the characteristics of a good budget?
07:27 How important is discipline?
09:56 How important is having conversations with your family about your budget?
13:46 What portion of your income must you set aside to save?
15:49 How does your life stage determine your budget?
17:52 How can budgeting tools assist you?
18:47 How do you put aside money to splurge?
22:07 How do you make sure you keep to your budget?
24:11 What are some of the biggest mistakes people make when drawing up a budget?
11 Jun 2024 English South Africa Business · Investing

Other recent episodes

Everything Counts | Sports Edition wrapped: Financial literacy and sport

Professional athletes can earn life-changing money before the age of 30. So why do so many still struggle financially after retirement? In this episode of Everything Counts: Sport's Edition, Motheo Khoaripe quizzes former Springbok and Investec head of Sports, Schalk Brits, financial adviser Vumi Dludlu, and Wealth Manager Moses Bokaba…
15 Jun 32 min

NOW Ep129: What the future of work means for today’s students

Is higher education keeping up with AI? For decades, the university degree has been treated as a reliable bridge between learning and work. AI is testing that bargain. As technology changes what employers need, higher education faces a sharper test - not whether it can produce graduates, but whether it…
16 Jun 21 min

Macro Monday Ep118: US economic data point to higher interest rates

Economic data in the US, such as jobs growth, have surprised to the upside of late, pointing to a resilient economy. Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International says this strength has unsettled markets, on rising expectations of rate hikes by the Fed.
8 Jun 9 min

Wine as an asset: what collectors look for

Marble's head sommelier, Wikus Human and Investec's Roy van Eck, discuss what to consider when graduating from casual wine purchaser to wine collector. Together with host Palesa Mapheelle, they explain how to identifying age-worthy vintages, and the risks and rewards of investing in wine to make a financial return. They…
4 Jun 27 min