Wild Financial Stories

"I Blew It" - Receiving a lot of money (lumpsum) : steps to follow || How to plan / spend your inheritance, lotto winnings, retirement, RAF money #AskMissK

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“I BLEW IT”


I hope this becomes a series you watch for entertainment, and not words that come out of your mouth because you’ve recklessly spent your lumpsum 💰.


This video covers

> 8 Checklist Points: What to do when you’ve heard about your inheritance

> Toolkit on how to draw up your financial plan


Be smart. Be careful of ’new friends’. And watch out for scammers.


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💚Sign Up Nedbank MiGoals Account 🔗 personal.nedbankco.za 

These accounts will help you separate your lump sums into #MyPockets #NedbankYouthX  allowing for better planning and visibility.

#Ad 



💬COMMENT: 

  • 💔 - if you know someone who blew their money (and regrets it)
  • 💚 - if you know someone who spent their money well (and continues to live well)
  • “Get It Nokuhle 🌱” if you think I should consider getting my financial advisor licence 
  • “Part 2 Please” if you’d like me to give you examples of some of the money traps that people fall for.



    • ________________________________________


    🔑 Looking for a financial advisor? 

    1. Make sure they are registered with the FSCA
    2. Try find an independent advisor - who will not try over-sell a certain companies products (instead they will recommend a range)
    3. Remember their advice is not mandatory for you to follow
    4. Be honest - they can only help you if you’re honest.
    5. Change until you find someone you’re comfortable with.


      6. #FinancialStories #WildFinancialStories #AskMissK #Inheritance #Lumpsump #RAF #Payout 

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      Follow me on social media:


      @nokuhle_kumalo ✨ 


      YouTube 🎥 https://www.youtube.com/@nokuhlekumalo/videos


      Instagram 📸: https://www.instagram.com/nokuhle_kumalo/


      Twitter 🐦: https://mobile.twitter.com/nokuhle_kumalo


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      Wild Financial StoriesBy Nokuhle Kumalo CA(SA)

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