The Personal Finance series with Warren Ingram

South Africa's economy is sick. How to keep whatever wealth you have intact...

The South African economy is sick.

Politics is making it worse.

What can we do to safeguard ourselves in these uncertain times?

Ray White (in for The Money Show’s Bruce Whitfield) interviewed personal finance consultant Samke (Sam) Mhlongo-Ngwenya for his weekly personal finance feature.

Ngwenya discussed the following three actions you should consider taking:

  • Rand hedge (i.e. invest in companies that earn profits in foreign currencies)

  • Deleverage (i.e. get rid of debt)

  • Create additional income stream/s

What does this mean? For more detail; listen to the interview in the audio below (and/or scroll down for quotes from it).

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
Is your money in the bank safe? Banking Association on S&P's downgrade of banks…

Is your money in the bank safe? Banking Association on S&P's downgrade of banks…

S&P has downgraded South African banks. Banking Association of SA’s Cas Coovadia discusses the development on The Money Show.

How to ensure your small business survives the current situation in South Africa

How to ensure your small business survives the current situation in South Africa

Small business guru Pavlo Phitidis advises entrepreneurs on how to adapt to a country in flux.

How SA’s reshuffle to ‘junk status’ will affect your pocket

How SA’s reshuffle to ‘junk status’ will affect your pocket

Anxious The Money Show listeners are asking about the effect of the ratings downgrade their finances.

What South Africa’s reshuffle to 'junk status' means for your pension fund

What South Africa’s reshuffle to 'junk status' means for your pension fund

Arabile Gumede (on The Money Show) interviews ZAR-X CEO Etienne Nel.

How to keep your wealth intact (should Jacob Zuma fire Pravin Gordhan)

How to keep your wealth intact (should Jacob Zuma fire Pravin Gordhan)

We have learned a thing or two from Nene-gate, says Galileo Capital Personal Financial Advisor Warren Ingram.

Popular articles
Sassa cards will be functional beyond expiry date

Sassa cards will be functional beyond expiry date

Sassa says text messages making the rounds asking beneficiaries to come and renew their Sassa cards is a hoax.

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Bylaws, times you may use fireworks

Bylaws, times you may use fireworks

City of Johannesburg has urged residents to respect by-laws and the times set for fireworks to be used.

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

‘I started my thriving business with R5000 (and made a profit in the 1st month)’

After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.

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?