Maya and Mapalo speak to independent financial adviser Markus Bauriedl on what to look out for when selecting life insurance to make sure it pays out as promised. Not all cover is equal, and some products work better for some than others. Markus shares his own experience of navigating the claims experience when he faced his own medical crisis. 

Is there such a thing as good credit? What forms of credit should you avoid at all cost? In this podcast Maya and Mapalo discuss the good and dark side of credit and whether the concept of lay-by’s will come back into fashion as technology changes.

Whether you are saving for your child’s education or investing for their future, Maya and Mapalo discuss where and when to invest. When is a tax-free investment appropriate? Should you invest in your child’s name and where do you save for those school fees? All these questions are answered in this week’s podcast.

 

“As much as we like to believe it is all about hard-nosed number crunching, the stories investors tell themselves and others are key”. What are the stories we are currently telling ourselves about the economy and markets that we may need to revise? In this podcast Maya and Mapalo speak to Izak Odendaal Investment Strategist at Old Mutual Wealth About the danger of getting caught in a negative mindset and why we shouldn’t ignore some of the investment opportunities available at really great prices.

Is money really gender-neutral? Maya and Mapalo discuss why women face more financial challenges and how important it is for women to take control of their financial destiny.

In the final episode of our Money Makeover Challenge Maya and Mapalo chat to the two winners Catherien and Nono about their journey and how they turned their finances around in just six months.

 

In just six months these women paid off debt, created savings and have got their entire family on board. If they could achieve all this in the midst of the financial uncertainty of COVID – imagine what you can achieve. Listen to this podcast to get inspired to start your own journey to financial freedom.

 

Watch the Money Makeover finale held on 18 July - https://youtu.be/4IQ6A6a5hZc 

In previous podcasts we have discussed the concept of Net Worth and how to use it to assess your financial progress https://mayaonmoney.co.za/2020/01/listen-2020-grow-your-net-worth/, https://mayaonmoney.co.za/2019/11/listen-do-you-know-your-net-worth/

 

In this podcast Maya and Mapalo discuss other Personal Financial Ratios to help you evaluate your current financial strength and position. Doing these calculations at least once a year can give you a benchmark to help you work towards better financial health. 

In this podcast Maya and Mapalo each discuss an event in their week that made them reflect on the way we engage with money: 

A negative experience with the way financial products are sold questions whether people can make the right decisions when their advisers have different motivations. And then reflecting on finding that balance between planning for the future but also living and connecting today. 

In this, our fifth Money Makeover podcast, we chat to Elton Govender, senior enterprise development specialist at Absa, to provide some tips to those of us who are self-employed or running our own businesses.  

Elton shares the guidance and tools he developed to help our entrepreneur contestant Bellah turn her business around. When Bellah joined the Money Makeover Challenge, her business was sitting with a significant overdraft and her personal finances were relying heavily on debt, she also had no idea whether or not she was making a profit. 

Payment holidays are a lot like real holidays – they end up costing more than you realise. In this podcast Maya and Mapalo look at the costs of debt holidays and how to get back on track after taking