Know Your Money with Bronwyn Waner and Craig Finch

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Unlock the secrets behind your financial decisions with Rob McDonald, a distinguished financial expert with 25 years of industry experience. Rob breaks down the psychology of money management, sharing key insights from his acclaimed book, "The Seven Pillars of Financial Health: Partnering with a Professional to Thrive." Learn how understanding human behavior is crucial to financial planning, and discover why knowing what to do isn't enough—it's about cultivating the right mindsets and habits. Rob draws compelling parallels between financial health and physical health, illustrating how professional guidance can be as critical in finance as it is in sports coaching.

Join us as we dive deep into the role of financial planners in helping you stick to long-term plans, especially during times of market volatility. This episode underscores the importance of empathy in financial advice—understanding your unique values and habits while offering guidance that respects your lifestyle. Rob also highlights the courage financial planners need to challenge impulsive decisions and steer you back towards your financial goals. Transitioning from a sales-driven service to an advisory role, the financial planning profession now stands as a cornerstone for sustained financial success. Tune in for a conversation that will reshape how you view your financial well-being and the professionals who help you achieve it.

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How would you feel if your child's education was financially secure, no matter what life throws your way? In this episode of "Know Your Money," we uncover crucial financial planning strategies tailored for parents with young children. We discuss specialized education policies from renowned companies like Liberty and Discovery, which ensure that school and university fees are covered in the unfortunate event of a parent's death or disability. We'll explore the affordability and adaptability of these policies, how they adjust with inflation, and the peace of mind they bring by guaranteeing educational expenses are taken care of through to university.

As we celebrate Youth Month, we reminisce about the achievements and invaluable educational experiences we've shared over the past years. We'll emphasize the significance of setting and achieving various goals and the life lessons we've highlighted in our studio discussions. Don't forget to check our website for more information and guidance. Plus, remember to consult with a financial planner to receive personalized advice tailored to your family's needs. Join us and take the first steps toward securing a bright financial future for your children.

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Ever find yourself wondering if your financial future is as secure as it could be? Our lively discussion with Bronwyn will guide you through the importance of early financial protection, from income protection to severe illness cover. It's a conversation brimming with the kind of wisdom that comes from personal stories and the hard-earned lessons of our youthful missteps. We'll dissect common myths and lay out the facts, ensuring you walk away with a plan to bulletproof your finances against life's unpredictable challenges.

Bronwyn brings to the table a cautionary tale that illustrates the dire consequences of neglecting to update important policy details. Together, we'll navigate the crucial (and often neglected) steps to safeguard your income and ensure your loved ones are taken care of, no matter what happens. Our chat isn't just a bunch of financial jargon—it's a heart-to-heart on how to protect your most valuable asset: your ability to earn. Join us and equip yourself with the tools and insights you need to own your future with confidence.

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Ever wondered how starting your savings early could snowball into financial freedom? Join us, Craig, Warren, and myself, Bron, as we reminisce on our financial journeys and share the golden nuggets of wisdom we wish we'd had at 18. Picture your first paycheck as the start of an exhilarating expedition, where every saving decision propels you further towards a summit of security and possibility. This Youth Month, we're breaking down the must-knows for savvy money management, from the enigmatic power of compound interest to the foundational steps of setting up emergency funds and retirement annuities.

Let's navigate the financial landscape together, balancing the excitement of immediate desires with the foresight of tomorrow's dreams. In our conversation, we tackle the challenge of long-term planning for young minds, weighing up goals like property ownership, vehicle purchase, and globetrotting adventures. We also delve into the liberating concept of financial independence, revealing how an early start could mean redefining the traditional retirement age. For parents and youth alike, this candid discussion is a treasure trove of strategies for constructing not just a stable future, but a prosperous legacy that outlives the constraints of a paycheck-to-paycheck life.

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Embark on a journey to financial prosperity as we sit down with Guane from Allan Gray, the sage of offshore investing. Uncover the secrets to expanding your portfolio across international borders with insights so sharp, you'll feel ready to conquer Wall Street yourself. We navigate through the complexities of using balanced funds for global exposure and dive into the intricacies of investing directly with foreign currency unit trusts. Guane dissects the allure of feeder funds and lays out why specialists in foreign exchange might just be the money-saving heroes you didn't know you needed. 

Together with Guane, we unravel the enigma of offshore endowments, revealing how they can be a game-changer for savvy investors—particularly those in higher tax brackets looking for smart tax and estate planning strategies. We dissect the structure of multiple policies under a single plan for that extra financial flexibility, and we don't shy away from the practical side of things, talking currency withdrawals to any bank in the world. If you've ever pondered your financial footprint as a non-resident investor or mulled over the idea of moving abroad, this episode is your financial compass pointing to tailored advice that could redefine your investment journey.

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Embark on a journey of financial enlightenment with Guane from Allan Gray, as we unravel the mysteries of offshore investments and global portfolio diversification. If you've ever pondered the percentage of your assets that should sail international waters, or the implications of staying in South Africa versus setting sights on emigration, our latest episode is your compass to navigate these crucial decisions. We're untangling the myths, discussing the direct vs. indirect investment strategies, and revealing how asset swap or feeder funds could work for you without bumping into your personal offshore investment limits.

Tax implications can send shivers down any investor's spine, but fear not—we're dissecting the complex web of tax residency, the exit tax, and the considerations you need to make before transferring wealth offshore. Guane provides sage advice on managing currency risks and why a long-term forecast trumps the stormy seas of short-term fluctuations. Whether you're contemplating the steady course of rand cost averaging or wondering how South Africa's GDP fits into the grand tapestry of global economics, tune in for expert guidance that could transform your investment strategy from uncertain to unassailable.

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Unlock the secrets of financial well-being with the wisdom of Dr. Julie Smith,  who is a  psychologist. Imagine treating your wallet's ailments with the same care as a physical injury; we're here to equip you with the strategies to do just that. As we navigate the connection between mindset and money management, prepare to be enlightened on how to bandage your budget and pave the way for your own fiscal recovery.

This episode isn't just about understanding the hurdles that keep us chained to debt; it's about breaking free. Join Bronwyn and Craig, as we dissect the defeatist attitudes and spending pitfalls that drain our financial health, and how personal accountability, coupled with a sprinkle of positive thinking, can lead to overcoming them. It's a journey of healing, where psychological insights and financial planning converge, offering you the perspective and tools necessary to achieve financial wellness and prosperity. Dr. Julie Smith's expertise illuminates the path to not just mend, but to flourish beyond monetary woes.

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When my wife Kirsten joyfully fills our cart with items that light up her world, I can't help but grip the shopping list a bit tighter, my frugal instincts taking hold. It's a dance we've perfected over time, rooted in the vastly different financial glasses we wear—a concept we unravel in our heartfelt exchange on the podcast. We lay bare the intimate ways our personal histories with money color our current financial behaviors, and how these differences play out in the fabric of a marriage. It's not just about how we spend or save, but about how we respect and understand our partner's unique monetary perspective to stride toward a shared fiscal harmony.

The episode takes a deeper look at how couples can navigate the minefield of financial planning, where one's dream vacation might clash with the other's vision of a cushy retirement nest. We don't shy away from the tough conversations, instead, we champion them, sharing our own experiences and those of our guests to underscore the transformative power of open dialogue and mutual respect. By instituting something as simple yet profound as a 'money date,' we reveal how aligning your financial aspirations doesn't have to mean compromise, but can instead lead to a consensus that celebrates both partners' hopes and dreams. Join us as we weave through the stories and strategies that could redefine the way you and your loved one approach money—together.

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Ever wonder what a marshmallow could possibly teach us about financial discipline? Prepare to be enlightened as we zero in on the psychology of money management—insights guaranteed to transform your financial strategies. Craig and I, your hosts, dive headfirst into the world of delayed gratification, revealing how the choices we make, even as children, have the power to shape our adult approach to saving and spending. This isn't just about resisting sweet treats; it's a deep dive into our financial personalities, with a sprinkle of nostalgia and a healthy dose of self-awareness. Whether you're an impulsive spender or a master of patience, our conversation will offer you new perspectives on achieving your monetary goals.

Join us as we reflect candidly on our own journeys from marshmallow gobblers to thoughtful savers. We don't just theorize; we share personal anecdotes and challenge ourselves—and you—to reconsider our relationship with money. By the end of this episode, you'll be equipped with the wisdom to tweak your saving habits for the better, no matter which type of 'marshmallow' you are. So, settle in for an episode that's more satisfying than a handful of marshmallows, and certainly more profitable in the long run. And who knows? You might just find the key to unlocking a future where your financial patience pays off in ways you never imagined.

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Unlock the secrets of financial success with a psychological twist as we venture into the vibrant intersection of mind and money. Together with our panel of experts, including the insightful Bronwyn, we dissect the intricate ways our mental approach to money can make or break our economic decisions. This episode of Know Your Money isn't just a talk; it's a toolkit for empowering yourself amidst the fiscal frenzy, giving you the clarity to manage your finances like a seasoned pro.

As political currents ebb and flow, we also examine the impact of elections on personal financial strategies and the undeniable power of your vote. With over 100 parties clamoring for your attention on the ballot, we stress the importance of informed voting, while also discussing how typical client behaviors shift with the political tide. Whether you're curious about the trend of moving money offshore during uncertain times or seeking stability in your financial journey, our studio's latest conversation offers balanced insights to help you navigate through the waves of change. Join us for a session where control, democracy, and personal agency take center stage, and leave feeling ready to tackle your financial future with confidence and savvy.

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Please subscribe to our podcast or have a look at our website 
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