MyMoney Online, The Personal Finance series with Warren Ingram

How to plan financially, considering you’re poorer after Gigaba's hectic Budget

We’ll all be poorer when this year’s “tough, but hopeful” Budget kicks in.

Just some of the hits to your pocket include a one percentage point hike in the Value Added Tax rate; a fuel levy hike of 52 cents a litre; all the usual “sin tax” hikes…

Eish!

The Money Show’s Bruce Whitfield interviewed Galileo Capital Financial Advisor Warren Ingram.

Ingram discussed the financial planning implications of the Budget.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

Finance Ministers are many things. The one thing they are not is entertaining!

Warren Ingram, Galileo Capital

From a financial planning point of view… I got a lot of decent signals.

Warren Ingram, Galileo Capital

It’s leaving fund managers to make unconstrained decisions…

Warren Ingram, Galileo Capital

Not much has changed from a savings or investment point of view.

Warren Ingram, Galileo Capital

You should feel very little constraints to putting money into retirement funds… it’s a no-brainer… definitely do a tax-free savings account…

Warren Ingram, Galileo Capital

It could easily have been a Pravin Gordhan or Trevor Manuel budget!

Warren Ingram, Galileo Capital

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