Honest Money

In today’s episode, Warren Ingram answers your questions around investing offshore, more on RSA retail bonds, investing on credit, and touches on the importance (& the difference) between life cover, income policies, funeral cover, and disability cover. 

Topics/ Questions: 

1. What would you do with a large lump sum if you want the money to do offshore? Do you wait till the exchange rate drops? And what do you think of the RSA retail bonds at 9.75% guaranteed for 5 years? 
2. I have access to money on credit with a 17% interest rate after 62 days. I don’t have debt and I’ve just retired, I’d like to use R20,000- R30,0000 to invest in shares on the Easy Equities platform, what are your ideas and suggestions? 
3. I see a lot of talk of retirement and investing. Should I take life cover, funeral cover, or both? I’ve also seen disability cover, please can you help. 

Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

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Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

On today’s episode Warren Ingram speaks to one of our listeners who is working at a supermarket earning minimum wage and would like advice on reaching financial freedom through a different career path. Warren gives advice around intentful career choices, how to combine passion and money, the steps to financial freedom and more.

Questions/ Topics: 

1. I'm working at a local supermarket and earning minimum wage, I did some calculations on my budget, it would take a long time for me to achieve my financial freedom goals. It seems I would need to attain a degree to get a higher salary, I'm not sure where to go from here. How do I choose a career path?
2. Finding the balance between a career choice based on passion/meaning vs salary expectations and reaching financial freedom.
3. How to reach financial freedom and why looking at expendable income is better than looking at someones total salary earnings.
4. Only 2% of people that start their financial journey have no debt and an emergency fund saved up. Is this the right path to start on? 

Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

Send us Fan Mail

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

Today Warren Ingram answers your questions about life policies and the benefits in terms of monthly installments, interest rates, and whether it’s better to contribute to an RA instead.  Warren also explains how compound interest works in investments like the Satrix Top 40.

Questions/ Topics: 

1. My dad is 57yrs old and has a costly life insurance policy which he contributes to monthly (13% of his net income) with a monthly contribution increase of 12% p.a. The policy lumpsum payout only gains 3-4% interest p.a. Does my dad still need this life policy, my thinking would be to stop this life policy and invest the same amount monthly into his R.A so he gets a greater tax deduction and higher interest p.a?
2. How does compound interest work with shares? With Satrix Top 40 you’re not earning interest but you’re earning growth so how does compound interest work with that type of thing?

Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

Send us Fan Mail

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

In today's episode, Warren Ingram answers your questions about local vs international feeder funds for beginners, the difference between individual shares vs index investing, and the growth rate. 

Questions/ Topics: 

1. I'm new to investing & looking to invest in ETFs but I've been advised to avoid feeder funds because they eat into your profits over time. However, after doing research I've learned that investing directly in the US denominated ETF is going to cost more as there are tax implications to investing offshore than the Rand feeder funds. What is your take on this and when is the right time to swap over to international feeder fund investing? 
2. What do you think of SA bluechip companies compared to ETFs such as S&P 500 or MSCI and what do you think the growth rate will be over 10years? 

Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

Send us Fan Mail

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

On today's episode we speak to research scientist, Sarisha Perumal, who wants to learn more about ethical investing. Warren Ingram speaks about ESG within the investing sector, Index Providers that offer ESG investments, the effects of war on energy independence & climate change and how it will affect future investing opportunities.

Questions/ Topics: 

1. I want to invest my money in company and organizations that don’t contribute to air pollution and climate change. What kinds of investments would these be?
2. What is ESG & how does it play within the investing field? 
3. Index Providers that offer ESG investments 
4. The affects or war on energy independence and the use of fossil fuels across Europe
5. How do you anticipate the impact of climate change on our investments? 
6. How do you see the investment landscape changing with economic framework changes?
7. The automotive industry and climate changes
8. Renewable funding opportunities 

Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTubechannel for more Financial Freedom content: @HonestMoneyPod

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Send us Fan Mail

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

Today Warren Ingram speaks to Craig Isaacson from unlimited solar to see how you can cut down your monthly electricity/ water costs using solar solutions. Warren and Craig also touch base on small changes you can make around the house to save money, what does Grid-Tied Solar Solutions mean, what the lifetime of solar setups is & more.

Topics/ Questions: 

1. Is spending money on solar as a homeowner a good investment?
2. Where would my money be best spent, on a solar geyser or solar panels? 
3. Tips on ways to cut down your geyser costs
4. What is a Grid-Tied Solar Solution? 
5. Is there a financial difference between “living off-grid” vs people that use a hybrid solar-power solution?
6. Savings tips for people living in apartment blocks
7. What is a low-flow shower rose and how would that make a difference?
8. Loadshedding: What is a feasible solution for people living in complexes 
9. What is the lifetime of solar panels and how often do these need to be maintained? 
10. What's the one piece of advice you could give regarding solar savings?

Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

For more about our Privacy Policy, see here.

Send us Fan Mail

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

Today Warren Ingram answers your questions on how to turn your inheritance into generational wealth using global ETFs, portfolio diversification in the domicile, and settling debt. Warren also touches on what compound interest is, fixed deposit interest, and what platform to use to get the best compound interest and shares. 

Topics/ Questions: 

1. How do I ensure my inheritance lasts me as well as creates generational wealth for my children? 
2. Where best can I earn compound interest? 

Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

Send us Fan Mail

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

In today’s episode, Warren Ingram speaks to car guru and automotive journalist, Francisco Nwamba, on all things related to car purchasing. Warren and Francisco speak about new vs secondhand purchasing, motor plans, most stolen cars, car upkeep, and upcoming car brands to look out for. 

Topics/ Questions: 

1. Are there ways people can buy cars intelligently? Are there insider tips to buy a car responsibly? 
2. Do you need to buy a new car? 
3. How do we know what cars are in demand in the secondhand market? 
4. Polo vs Fortuna: Are these the most stolen/ hijacked car? Is this something I need to consider when buying a car? 
5. How does the cost of servicing a secondhand car vs new car work? 
6. Does the brand of a car affect the cost of servicing and spare parts? 
7. Would you get better secondhand deals on the less common car brands such as a French car? 
8. Should you rotate cars with motor plans or is this a sales pitch? 
9. What is the “Right to Repair Act”? 
10. Motor plans vs services 
11. Is there a brand of car in SA that is offering a great car at a great value? 

Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

Send us Fan Mail

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

Today is our last episode of the Beyond Bitcoin series, Warren Ingram speaks to authors Steven Boykey Sidley and Simon Dingle on their book, Beyond Bitcoin: Decentralised Finance and The End of Banks.

In today’s episode we speak about the purpose of the book, loans in crypto, tax, money streaming and what the near future could look like.

Questions/ Topics: 

1. What was the purpose of writing this book? 
2. Is the hype around Bitcoin warranted? 
3. What should a reader be doing after they’ve read your book? 
4. Are you able to take loans in crypto? What are the protocols? 
5. Tax and crypto
6. Streaming money features and protocols 
7. What does the future look like? 
8. What advice would you give your 21-year-old self?

Grab a copy of Beyond Bitcoin: Decentralised Finance and the End of Banks on Takealot, Loot, and Exclusive Books.

Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

For more about our Privacy Policy, see here.

Send us Fan Mail

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

In today’s (part 2 of 3) episode we speak to authors Steven Boykey Sidley and Simon Dingle on their new book, Beyond Bitcoin: Decentralised Finance and The End of Banks. In this episode Warren Ingram and our guest speakers cover the safety of crypto, transactions, how it’s valued, what is a Stable Coin and how does this affect Reserve Banks.

Topics/ Questions: 

1. Crypto has been known for encouraging illegal payments/ activities, is this still true?
2. Are Bitcoin transactions anonymous or are payments traceable? 
3. Is the blockchain system trustworthy?
4. How is crypto/ Bitcoin currency valued? 
5. What is a stable coin?
6. How does the Reserve Bank interact with crypto? 
7. How have other countries used digital currencies? 
8. Will Reserve Banks sway towards using digital currency? 
9. What are the pros and cons of using crypto? 

Grab a copy of Beyond Bitcoin: Decentralised Finance and the End of Banks on Takealot, Loot, and Exclusive Books.

Have a question for Warren? Don’t forget to voice note your questions through our WhatsApp chat on (+27) 72 934 4218 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

For more about our Privacy Policy, see here.

Send us Fan Mail

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod