Financial freedom - is it achievable? Here are 3 big tips

There is a big difference between financial freedom and being wealthy or fabulously rich. And I believe financial freedom is possible for anybody.

Warren Ingram, Financial Advisor Galileo Capital

Financial freedom is getting to a point where your monthly lifestyle costs, can be funded by your investments.

Warren Ingram, Financial Adviser at Galileo Capital

Ingram says it comes down to lifestyle choices - live frugally and sensibly, or live large and beyond your means. It comes down to choices and areas that one can control.

Only 5 out of every 100 people will get to a point where they can be financially free. The rest of us will be slaves to the bank, slaves to our bosses, working to just get by and working as long as we can.

Warren Ingram, Financial Adviser at Galileo Capital

You are going to keep on working as long as you can if you are a typical South Africa becasue that's all you can do.

Warren Ingram, Financial Adviser at Galileo Capital

People are living large on the bank's dime at the moment.

Warren Ingram, Financial Adviser at Galileo Capital

Debt - and especially credit card debt - is the biggest problem.

Debt is the atomic bomb of wealth. You can't have compound interest work against you.

Warren Ingram, Financial Adviser at Galileo Capital

Three steps to financial freedom says Warren Ingram

  1. Get rid of all bad debt
  2. Create an emergency fund - in an accessible money market that you can use in a REAL emergency - and not resort to a credit card.
  3. Save as hard as you can to fund a future lifestyle once you stop working. You need R2.4 million capital to have R10 000 a month. Cut all the unnecessary spending and keep your current lifestyle within your means. Bring sandwiches to work!

Read More
South Africa continues to shed jobs, across almost all industries

South Africa continues to shed jobs, across almost all industries

The Money Show’s Bruce Whitfield interviews FNB Senior Economist Jason Muscat.

Predictably awesome new Nando's ad reminds South Africans ‘we can fix our sh$t’

Predictably awesome new Nando's ad reminds South Africans ‘we can fix our sh$t’

Watch the Guptas pack their bags and run in Nando's inspiring new advertisement.

PSG Chair Jannie Mouton opens up (kind of) about Steinhoff

PSG Chair Jannie Mouton opens up (kind of) about Steinhoff

In 2012 Steinhoff acquired 20% of wealth manager PSG, reportedly infuriating Mouton. Bruce Whitfield interviews him.

How the Water Research Commission is saving South Africa from water scarcity

How the Water Research Commission is saving South Africa from water scarcity

The Money Show’s Bruce Whitfield interviews Water Research Commission CEO Dhesigen Naidoo.

'We gave away 800 refurbished suits for people going to an interview'

'We gave away 800 refurbished suits for people going to an interview'

The Money Show’s Bruce Whitfield interviews four reps from businesses that are sacrificing some profit for the good of society.

EOH fell by 55% (while we were watching Steinhoff). Here’s why…

EOH fell by 55% (while we were watching Steinhoff). Here’s why…

What’s behind the stunning fall of the EOH share price? Bruce Whitfield interviews Traders Corner share trader Garth Mckenzie.

Popular articles
Dr Mbuyiseni Ndlozi opens up about his thesis

Dr Mbuyiseni Ndlozi opens up about his thesis

Ndlozi explains the significance of the the first chapter of his thesis: 'Trauma in the archives'.

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

The Money Show’s Bruce Whitfield interviews Steinhoff International Chairperson Christo Wiese.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Is it normal to have a curved penis? Dr Shingai explains

Is it normal to have a curved penis? Dr Shingai explains

Urologist Dr Shingai Mutambirwa says penile curvature is only a concern if it impedes a man's ability to have penetrative sex.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

Meet Shoprite’s Christo Wiese, ruler of retail (and 3rd richest African)

Meet Shoprite’s Christo Wiese, ruler of retail (and 3rd richest African)

Bruce Whitfield interviews the remarkable Wiese (net worth R100 billion!) about how it all began and where it’s going.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?