My Money My Lifestyle

Are We Spending Too Much On Our Families?


Listen Later

In this episode of My Money My Lifestyle, host Maya Fisher-French is joined by financial advisor Munya Shumba to address a critical yet often neglected aspect of financial planning: prioritising your own financial future over solely focusing on your family's needs.

They explore the delicate balance between generosity and self-preservation, highlighting the need for parents and young professionals alike to establish firm financial boundaries.

Listeners will gain insights into how to navigate familial financial responsibilities without compromising their future, the power of starting investments early, and the critical role of having a financial plan in place. The conversation also touches on the pitfalls of debt as a means of family support and the psychological benefits of disciplined saving.

Whether you're a parent striving to provide the best for your child or a young graduate grappling with supporting your family while building your own financial foundation, this episode offers practical strategies and a fresh perspective on creating a sustainable financial plan that serves both your and your family's needs.

Tune in to understand how to maintain a healthy balance between supporting loved ones and investing in your own financial resilience, ensuring a stable future for all.
...more
View all episodesView all episodes
Download on the App Store

My Money My LifestyleBy My Money My Lifestyle


More shows like My Money My Lifestyle

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,126 Listeners

The Gareth Cliff Show by The Real Network

The Gareth Cliff Show

70 Listeners

Be a Better Investor by Moneyweb Radio

Be a Better Investor

0 Listeners

The Money Show by Radio 702

The Money Show

39 Listeners

Ramsey Everyday Millionaires by Ramsey Network

Ramsey Everyday Millionaires

3,668 Listeners

BizNews Radio by BizNews

BizNews Radio

20 Listeners

It's My Money by Strictly Business by Strictly Business

It's My Money by Strictly Business

1 Listeners

Honest Money by Warren Ingram

Honest Money

10 Listeners

MoneywebNOW by Moneyweb Radio

MoneywebNOW

5 Listeners

The Potter's Touch on Lightsource.com - Audio by Bishop T.D. Jakes

The Potter's Touch on Lightsource.com - Audio

365 Listeners

Ideas That Matter Podcast by Vusi Thembekwayo by Vusi Thembekwayo

Ideas That Matter Podcast by Vusi Thembekwayo

129 Listeners

Wisdom & Wellness with Mpoomy Ledwaba by Africa Podcast Network

Wisdom & Wellness with Mpoomy Ledwaba

27 Listeners

The Money Rules Podcast by Moneyweb Radio

The Money Rules Podcast

0 Listeners

Easy Does It - A podcast by EasyEquities by Hosted by Dj @ Large

Easy Does It - A podcast by EasyEquities

1 Listeners

How to Age Up by The Atlantic

How to Age Up

1,435 Listeners