In this episode, Warren Ingram and Pieter de Villiers discuss when and why to seek professional financial advice, the different types of engagement with financial planners, and how to determine the right approach for your life stage and personality.

Chapters

• 00:00 Introduction and overview of questions about financial advice
• 00:28 The importance of understanding your own financial personality
• 02:06 When does it make sense to seek professional financial help?
• 03:18 The three broad personality groups: DIYers, delegators, and validators
• 04:44 The control and control aversion in financial decision-making
• 07:28 The value of financial literacy and continuous learning
• 11:47 Life stages and their impact on financial planning needs
• 14:34 Different ways to engage with a financial planner
• 17:18 The importance of accountability and external perspectives
• 20:50 The risks of overconfidence and blind trust in financial decisions
• 23:47 The analogy of medical advice and the importance of professional guidance
• 25:40 How to choose the right financial advisor and engagement model
• 27:04 Closing remarks and encouragement to ask questions

Learn more about how Curate Investments can help you here.

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In this episode, Warren Ingram invites Jan du Plessis, CEO of the Fiduciary Institute of Southern Africa (FISA), to do a series on the importance of estate planning for all South Africans. They discuss common pitfalls, legal requirements, and practical tips to ensure your estate is in order and your loved ones are protected.

Chapters

• 00:00 Why Estate Planning Matters for Everyone
• 02:01 The Most Common Estate Planning Mistakes
• 04:25 Why Wills Need Regular Updates
• 07:58 Guardianship, Children, and Trusts
• 12:07 Divorce and Invalid Wills
• 13:21 What Makes a Will Legally Valid
• 16:04 Undue Influence and Inheritance Disputes
• 20:49 Why Fiduciary Professionals Matter
• 23:35 Final Advice: Don’t Leave It to Chance

Learn more about how FISA can help you here.

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In this episode, Warren Ingram and Pieter de Villiers invite guest speaker George Kusche to talk through his remarkable journey of winning the Comrades Marathon while balancing full-time studies in actuarial science, family, and personal development. Discover how he maintains focus, consistency, and purpose across multiple demanding areas of life.

Chapters

• 00:00 Introduction to George Kusher
• 02:23 Balancing Life and Ambition
• 05:43 The Path to Becoming a Comrades Champion
• 10:27 Mental Strategies During Races
• 15:29 The Journey vs. Destination
• 20:43 Overcoming Challenges and Finding Fulfillment
• 22:35 The Science of Training and Sharing Knowledge

https://www.gorunmore.com

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In this episode, Warren Ingram and Pieter de Villiers explore the complexities of money personalities, the implications of debt, and how different life choices impact financial well-being. They discuss practical scenarios, psychological perspectives, and the importance of balance in personal finance.

Chapters:

• 00:36- The importance of conversations around money
• 01:48- Long-term consequences of debt and estate implications
• 02:18- Exploring the four main money personalities
• 04:06- Risks associated with debt behaviors and lifestyle choices
• 04:35- The impact of personality on wealth accumulation and life satisfaction
• 06:00- Practicalities of debt at death and estate settlement process
• 07:15- How banks evaluate creditworthiness and the role of insurance
• 09:16- Estate priorities and typical debt repayment sequences
• 10:14- Selling assets to settle estates and consequences for beneficiaries
• 12:20- Risks for joint estates and shared debt liability
• 15:07- Living for today versus planning for future security
• 16:40- The influence of childhood and environment on money habits
• 17:08- Finding a balance: enjoying life and being prepared
• 18:30- Recognizing the value of both saving and savoring the moment
• 21:53- The concept of life phases and prioritizing accordingly
• 22:46- Encouraging open conversations and sharing different perspectives

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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

In this episode, Warren Ingram and Pieter de Villiers discuss managing financial relationships, debt, and planning for education savings, emphasizing open communication and strategic planning.

Chapters

• 00:00 Introduction to the episode and guest
• 00:26 Question from listener about partner debt and savings
• 02:10 The importance of self-care and financial boundaries
• 03:59 Managing relationship dynamics and money personalities
• 07:36 The role of open communication and professional help
• 08:45 Building shared financial goals and avoiding resentment
• 11:34 Strategies for saving for children's education
• 13:29 Paying off mortgage as a financial anchor
• 15:41 Investment vehicles for education savings
• 18:21 The importance of discipline and avoiding costly policies
• 20:07 Conclusion and encouragement for ongoing dialogue

Learn more about Prescient Investment Management here.

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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

In this bonus episode, Warren Ingram and Ray Mhere, CEO of Curate Investments, explore the intricacies of investment diversification, asset allocation, and long-term financial planning. They share practical insights on building resilient portfolios, avoiding common pitfalls, and educating the next generation about wealth management.

Chapters

• 00:00 Introduction to Diversification
• 01:31 Understanding True Diversification
• 05:15 Types of Diversification
• 10:06 The Role of Balanced Funds
• 14:41 Monitoring and Adjusting Your Portfolio
• 18:08 Building a Diversified Portfolio
• 22:00 Long-Term Investment Strategies for Children
• 26:52 Final Thoughts on Early Investment

Learn more about how Curate Investments can help you here.

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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

In this episode, Warren Ingram and Pieter de Villiers answer your questions about tax-free savings accounts, including setup for children, investment switching, and transfer rules, providing practical insights to maximize benefits.

Chapters

• 00:00 Introduction to tax-free savings questions
• 02:09 Setting up a tax-free account for a child
• 04:03 Contributions and donations tax considerations
• 06:25 Switching investments within a tax-free account
• 08:09 Transferring and consolidating accounts
• 09:02 Implications of switching ETFs and funds
• 10:49 How to transfer funds between providers
• 12:03 Encouragement for questions and future topics

Learn more about how Curate Investments can help you 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 this episode, Warren Ingram and Pieter de Villiers break down one of the most confusing parts of investing: total fees. They explain how to understand the full cost of investing through effective annual cost, including investment management fees, platform/admin fees, and advisor fees.

Chapters

• 00:00: Introduction to the fee question
• 01:55 :What effective annual cost means
• 02:24: Investment management fees: active vs passive
• 05:04: Performance fees and realistic fund fee ranges
• 07:11: How to compare fund performance fairly
• 09:03: Admin fees and platform types
• 10:01: LISPs vs brokerage platforms
• 12:53: Why index trusts can be cheaper than brokerages
• 14:42: Service quality, tax reporting, and hidden costs
• 17:04: Advisor fees and compensation models
• 18:21: Why commission-based advice is problematic
• 19:17: Flat fees, hourly fees, and ongoing retainers
• 24:06: Why an advisor can add value beyond picking funds
• 26:28: Practical fee ranges for total costs
• 28:24: Final takeaway: price vs value

Learn more about Prescient Investment Management 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