Claim OwnershipKnow Your Money with Bronwyn Waner and Craig Finch
Subscribed: 3Played: 5
Subscribe
© 2025 Know Your Money with Bronwyn Waner and Craig Finch
Description
Welcome to Know your money, where we will explore our relationship with money and how the psychology of it impacts our financial decisions as everyone thinks about money differently. In our podcasts we will be presenting a variety of financial topics in an easy-to-understand way which, we hope, will assist you with managing your money.Please subscribe to our podcast or have a look at our website www.growthfp.co.za
146 Episodes
Reverse
Send us a text Drawing the line between personal and business finances isn't just good practice—it's essential for tax compliance and business survival. Sue from Anthurico Accountants joins us to tackle one of the most common pitfalls entrepreneurs face: treating their business as an extension of themselves. "When you register a company, you get a registration number. You have an ID number. They're two individual people," Sue explains, setting the foundation for our conversation. This distin...
Send us a text Navigating tax season doesn't have to be intimidating. In this enlightening conversation with Sue from Anthurico Accountants, we demystify the increasingly automated South African tax system and equip you with practical knowledge to confidently manage your tax obligations. Sue breaks down the SARS' auto-assessment system, explaining how it automatically compiles third-party information from employers, banks, medical aids, and retirement annuity providers to simplify filing for...
Send us a text What happens when traditional insurance systems fail those who need protection most? Melody from Bidvest joins us to explore their groundbreaking event-based cover - a revolutionary approach providing income protection to previously uninsurable South Africans. The journey began in 2015 when Bidvest identified approximately 250 occupations systematically denied income protection. Whether due to high occupational risk (like professional athletes) or sensitivity to claims (like p...
Send us a text Death, taxes, and financial uncertainty—the three inevitabilities that haunt estate planning. But what if there was a way to provide genuine financial stability for your loved ones after you're gone? Melody from Bidvest Life joins Bronwyn and Craig to explore an often-overlooked alternative to traditional lump sum life insurance: life income benefits. While over 70% of South Africans still choose lump sum payouts, this episode reveals why that might not always be the wisest ch...
Send us a text Waiting periods might sound like just another technical detail in your insurance policy, but they're actually one of the most critical elements determining whether your income protection insurance will be there when you need it most. Bronwyn and Craig, deep dive into this often misunderstood aspect of financial planning, revealing how your choice of waiting period dramatically affects your ability to claim. The conversation explores how waiting periods function different...
Send us a text Securing your financial future starts much earlier than most of us realise. In this eye-opening conversation with Melody from Bidvest Life, we tackle the critical importance of income protection insurance for young South Africans - a demographic that often believes they're invincible. Training Specialist, Melody shares her powerful personal story that changed everything: being diagnosed with an autoimmune condition in her twenties rendered her medically uninsurable for l...
Send us a text What happens when critical illness strikes but you can still work? Most income protection policies won't pay a cent, leaving you financially vulnerable during life's most challenging moments. In this revealing conversation with Melody from Bidvest Life, we uncover a revolutionary approach to critical illness protection that addresses the significant gaps in traditional coverage. While conventional income benefits require you to be continuously unable to work before...
Send us a text Who gets your money when you die? The answer might surprise you—and could devastate your loved ones if you haven't properly structured your beneficiary nominations. In this eye-opening discussion, we unravel a critical financial planning topic that affects everyone with life insurance, investments, or retirement accounts. Many people mistakenly believe their will controls everything, but certain assets transfer completely outside your will based solely on beneficiary designati...
Send us a text Death creates enough emotional turmoil without adding financial chaos to the mix. Yet that's exactly what happens when business owners fail to plan properly for their loan accounts—those often substantial debts between themselves and their companies. Most entrepreneurs pour personal money into their businesses, creating director loan accounts where the company owes them money. What many don't realize is that upon death, these loan accounts immediately become assets in their es...
Send us a text What happens to your business when a partner unexpectedly dies? Without proper planning, their spouse might show up at your office the next day, declaring themselves your new business partner. This nightmare scenario plays out more often than you might think. In this deeply practical conversation, we explore the critical difference between having life insurance and having the legal framework that makes it work. Many business owners make a dangerous mistake: they secure life po...
Send us a text Protecting your business from unexpected tragedy is something most entrepreneurs don't want to think about, but ignoring this crucial planning could cost you everything you've built. Key man insurance represents one of the most important protection strategies for small to medium businesses, yet it remains widely misunderstood and underutilized. We break down exactly how this vital coverage works - when a company takes out insurance on an essential team member whose absence wou...
Send us a text Ever wonder why you handle money the way you do? Or why your partner's financial decisions sometimes seem completely baffling? The answer might lie in your personality type. We welcome back Joni Peddie from Resilient People Bounce Forward to explore the fascinating intersection of the Enneagram personality system and financial behaviour. Joni breaks down how each of the nine Enneagram types approaches money differently—from the perfectionist Type One with their clear, rigid th...
Send us a text What if the key to understanding yourself was discovered 2,500 years ago? In this fascinating conversation with Enneagram expert Joni Peddie from Resilient People, we unlock the secrets of this ancient personality system that's transforming modern relationships and workplaces. Joni, who has studied the Enneagram for 33 years, reveals the surprising truth that we're born with our personality type – it's not something we develop over time. "Even identical twins have different me...
Send us a text Death and money make uncomfortable bedfellows, yet understanding what happens to your retirement funds after you're gone is crucial for protecting those you love. Section 37C of the Pension Funds Act fundamentally changes how your retirement benefits are distributed—and many South Africans discover this only when it's too late. Have you nominated your spouse, children, or perhaps a new partner as beneficiaries on your retirement annuity? You might be surprised to learn that th...
Send us a text Navigating the world of financial planning requires more than just finding someone to manage your money—it demands asking the right questions and understanding the fundamentals that protect your financial future. In this enlightening episode of Know Your Money, hosts Bronwyn Waner and Craig Finch from Growth Financial Planning break down four essential concepts that form the cornerstone of sound financial planning: provider verification, investment wrappers, time horizons, and...
Send us a text Joni Peddie shares her journey of rebuilding life after her husband's unexpected death while representing South Africa at a canoeing event in Hungary. She describes how having proper financial planning in place through an education fund allowed her to maintain stability for her two young daughters during an otherwise chaotic time. • Joni had zero financial literacy when her husband died, not even knowing her housekeeper's salary or how to use an ATM • Instead of "bouncing back...
Send us a text What does it really take to fund a child's education without drowning in debt later? We crunch the actual numbers and reveal practical strategies that every parent and grandparent should know. Starting with our listener's question about university funding, we break down the monthly commitment needed from birth: R2,300 monthly invested over 18 years will cover four years of university education (approximately R155,000 annually in today's money). Add just R260 more for a starter...
Send us a text What happens when your final wishes aren't legally binding? Attorney Charl Du Plessis pulls back the curtain on the high-stakes world of will execution in this eye-opening conversation about estate planning essentials. Most people don't realize that seemingly minor technical errors can completely invalidate a will. Charl walks us through shocking real-world examples where small oversights led to devastating consequences - like a will deemed invalid because of a 13-centimeter g...
Send us a text Capital Legacy's Kirsten Starkey breaks down the often-overlooked costs associated with estate administration and explains how their Legacy Protection Plan can safeguard against these expenses. Most South Africans underestimate just how expensive it is to die. • Executor fees (3.5% plus VAT) can amount to over 4% of your total estate value • Conveyancing fees apply when transferring property, even between spouses • Trust fees accrue when money is held in trust for minor benefi...
Send us a text Retirement planning goes far beyond building a substantial nest egg. As our guest Amika Gordon from Coronation Fund Managers explains, successfully navigating your post-retirement years requires understanding three critical risks that could derail even the most robust financial plans. The first risk—inflation—is aptly named "the silent killer" for good reason. At a 6% inflation rate, one rand today will only purchase 17 cents worth of goods in 30 years. This erosion of purchas...
Comments
Download from Google Play
Download from App Store
United States