MyMoney Online, Personal Finance with Warren Ingram, Evergreen Content

Where to best save and invest so your children can one day go to university

South Africa is a land of haves, and have-nots.

More often than not, the difference between the two comes down to education.

The Money Show’s Bruce Whitfield interviewed Warren Ingram, Financial Advisor at Galileo Capital, for his weekly personal finance feature.

Ingram gave tips on how to invest for your kids’ education, especially if they’re still quite young.

If you have about 12 years, says Ingram, the best (and safest, considering the wealth-destroying nature of inflation) place to put their education savings is in the stock market.

Got R1400 per month?

That should do it, if you invest well.

Ingram discussed a number of options; with a special mention of Tax Free Savings Accounts.

For more detail; listen to the YouTube clip below.

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our mailing list

* indicates required

Recommended

by NEWSROOM AI
Read More
Western Cape has the most 'clean' municipalities in South Africa

Western Cape has the most 'clean' municipalities in South Africa

Only 18 municipalities (out of 257) got a clean audit. Twelve of them are in the Western Cape, says auditor-general Kimi Makwetu.

Datsun Go is the cheapest car to maintain in South Africa

Datsun Go is the cheapest car to maintain in South Africa

The Toyota Etios has the cheapest "crash parts". The Money Show's Bruce Whitfield interviews consumer journalist Wendy Knowler.

Space weather: sunny with a chance of destruction

Space weather: sunny with a chance of destruction

Solar activity could result in a rare and improbable event which could send civilisation back to the dark ages.

TymeBank CEO Sandile Shabalala quits

TymeBank CEO Sandile Shabalala quits

Shabalala says he wants to spend more time with his family. Bruce Whitfield interviews portfolio manager Kokkie Kooyman (Denker).

Average salary in SA is R6400 per month, but 70% of workers earn less

Average salary in SA is R6400 per month, but 70% of workers earn less

About 29% of workers earn less than the R3500 national minimum wage, says Anish Shivdasani, CEO at Giraffe.

9 tough questions you should never be afraid to ask your financial advisor

9 tough questions you should never be afraid to ask your financial advisor

Times are tough. Don’t spare her feelings! You must ask these questions of your advisor, implores Galileo Capital's Warren Ingram.

Popular articles
[LISTEN] SANDF responds to hijab saga, says it's governed by a dress code

[LISTEN] SANDF responds to hijab saga, says it's governed by a dress code

The South African National Defence Force says members are expected to wear the recommended uniform.

Not a single clean audit for Free State, North West or Limpopo #AGReport

Not a single clean audit for Free State, North West or Limpopo #AGReport

Eighteen out of the 257 municipalities achieved a clean audit, 12 of them were in the Western Cape.

'Domestic workers are entitled to 21 consecutive days of paid annual leave'

'Domestic workers are entitled to 21 consecutive days of paid annual leave'

Socio-Economic Rights Institute's Kelebogile Khunou says for living-in workers you cannot deduct more than 10% for accommodation.

The EFF is behaving like Zodwa Wabantu in Parliament, caller tells Eusebius

The EFF is behaving like Zodwa Wabantu in Parliament, caller tells Eusebius

702 listeners on the Eusebius McKaiser show share their views on the conduct of the political parties during the Sona debate.

[WATCH] SA youth choir shines on America's Got Talent with 'My African Dream'

[WATCH] SA youth choir shines on America's Got Talent with 'My African Dream'

The Ndlovu Youth Choir's beautiful performance got 4 yesses from the judges, including Simon Cowell!

TymeBank CEO Sandile Shabalala quits

TymeBank CEO Sandile Shabalala quits

Shabalala says he wants to spend more time with his family. Bruce Whitfield interviews portfolio manager Kokkie Kooyman (Denker).

Average salary in SA is R6400 per month, but 70% of workers earn less

Average salary in SA is R6400 per month, but 70% of workers earn less

About 29% of workers earn less than the R3500 national minimum wage, says Anish Shivdasani, CEO at Giraffe.

Discovery Health acted illegally and a patient died - Medical law consultant

Discovery Health acted illegally and a patient died - Medical law consultant

Shafrudeen Amod from Medisyn Clinical Consulting says the scheme could have paid the patient directly.

Investec gives staff unlimited leave days and freedom to wear what they want

Investec gives staff unlimited leave days and freedom to wear what they want

The bank rewards innovation with substantial bonuses and pays according to output not hours at work, says Lesley-Anne Gatter.